Das ist Wunderbar!

German companies must now fill a quota of women in upper management roles. The mandate was agreed upon by Chancellor Angela Merkel and her party.

German companies had been low on female leadership, despite the country having a woman political leader. Only 12.8% of management boards from Germany’s 30 largest companies were women. The new mandate will require companies to bring that number to 30% for companies where the federal government holds a majority share. It will soon be applicable to corporations under public law such as insurance and pension companies.

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top