News

Increase in the Number of Women on Administrative Boards

 


Bilan | May 21, 2019


The Bilan article, “Increase in the Number of Women on Administrative Boards,” featured the firm's research. The article is excerpted below.

Among the 20 companies listed in the leading index of the Swiss Stock Exchange (SMI), 55 of 206 positions on administrative boards are occupied by women, according to a study published on Monday by the recruitment firm Russell Reynolds Associates.

Some sectors are ahead of others, notably technology, with 33%, financial services and industry (25%), and professional services (22%).

The share of women on the boards has increased in recent years to about a quarter. Their number is, however, much smaller at the level of the presidency of the supervisory bodies, which is occupied by only one woman in Switzerland.

Among the 20 companies listed in the leading index of the Swiss Stock Exchange (SMI), 55 of 206 positions on administrative boards are occupied by women, according to a study published on Monday by the recruitment firm Russell Reynolds Associates.
Their share has increased in two years from 21% to 27%, stated the author of the study, who examined 18 general meetings held this year.

Zurich Insurance and Swatch in the Lead

The differences are, however, great. While nine SMI companies have exceeded a share of 30% - including Zurich Insurance with 45% and Swatch with 40% - others are less egalitarian. SGS (10%) and Sika (13%) have only one female administrator.

Some sectors are ahead of others, notably those of technology, with 33%, financial services and industry (25%), and professional services (22%).

This percentage is nevertheless lower than other countries, such as Germany, where it reaches 30% in the supervisory boards of Dax 30 companies. A law, however, forced German companies to adapt the composition of their supervisory bodies, Russell Reynolds Associates stated.

To read the full article, click here.

Sign up for our newsletter

Get the newsletter that prepares you for what's next with valuable insights across industries and geographies.
Increase in the Number of Women on Administrative Boards