Will Board Quotas Be Implemented Across Europe?
Bloomberg reports that the European Commission is to consider board quotas after slow adoption of gender equality hiring across the EU. Viviane Reding, the European Union’s justice chief, proclaimed that a lack of gender equality ‘harms Europe’s competitiveness and hampers economic growth’, and asked business leaders and other groups to comment on measures that could bring progress.
Despite board equality being far from satisfactory in the EU, Bloomberg quotes a positive statistic from the Russell Reynolds Associates and European Professional Women’s Network study in October 2010, whereby the percentage of female directors in board seats of the 334 biggest European companies (SXXP) increased by 21 percent since 2008.
>> Access the 2010 Study, European PWN Boardwomen Montior 2010.
>> Read the full Bloomberg article.
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Leadership for a Changing World. In today’s global business environment, success is driven by the talent, vision and leadership capabilities of senior executives.
Russell Reynolds Associates is a leading global executive search and assessment firm with more than 300 consultants based in 40 offices worldwide. Our consultants work closely with public and private organizations to assess and recruit senior executives and board members to drive long-term growth and success.
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