EU proposes 40 % quota for “non executive” women

November 2017. Women’s Post.

“The European Commission has proposed that companies whose non-executive directors comprise of more than 60 per cent men to prioritize the hiring of women when choosing between candidates of equal merit. The proposal aims to have a minimum of 40 per cent of non-executive members on company boards to be women. The goal is to have this achieved by 2018 in public-sector companies and 2020 in the private sector. Annual reports on the composition of these boards will be required and sanctions could be imposed if the evaluation is negative. Those companies would then have to explain the measurements they intent to use to achieve the quota.”

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