The proportion of women on the executive boards of the 40 largest listed German companies rose from 19 to 22.7 percent last year. This is the result of an evaluation by the personnel consultancy Russell Reynolds as of January 1st, which was published over the weekend. In the past year, more women than men have been appointed to the board. Two DAX companies – Siemens Healthineers and Fresenius Medical Care – have a 50 percent share of women. By law, listed and co-determined companies with more than three board members are required to have at least one woman on the board. Four DAX companies still have no woman on the board. Half of the board members were recruited from within their own ranks. More women would also be appointed to positions with profit responsibility instead of primarily to the human resources department, as was previously the case. This shows that the culture change has arrived at least in the largest German companies.
Dax board members – proportion of women increases slightly – economy
