A quarter of board directors at firms and organisations in the European banking and finance industry are women, and almost one in five (18%) executive committee (exco) members are female, according to recently published research conducted by the think tank New Financial. The report shows that these figures are close to the FTSE 100 average, […]
Read MoreThe board of the technology-driven ride-hailing company, Uber, has vowed to improve its corporate culture following a report which recommended sweeping reforms. However, it has been widely reported that its chief executive Travis Kalanick has taken indefinite leave. Despite talk about a possible listing Uber remains a private US-headquartered company but is now an international brand […]
Read MoreRoyal London Asset Management (RLAM), voiced concerns about the unusual remuneration and board structure of Glencore ahead of its May 24 AGM. The voting results show RLAM’s concerns may have been shared by other shareholders. While all Glencore’s resolutions were carried, the figures showed dissatisfaction with the board with the nomination committee chairman Peter Grauer polling 13.92% vote […]
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Business Minister Margot James has written to the chief executives of all FTSE 350 companies urging them to improve diversity and inclusion in the workplace. This follows the publication of the findings of a review led by Baroness McGregor-Smith last month. This review found that there were still barriers for people from ethnic minorities (BME) wanting to […]
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More evidence of board gender diversity challenges were recently revealed, this time in Singapore. Female directors at companies listed on the Singapore Stock Exchange (SGX) are paid 56.8% of male directors’ remuneration on average indicating a 43.2% pay gap according to research by the National University of Singapore’s (NUS) Business School. The research used the remuneration […]
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The numbers of women on boards in the US has risen in the past year according to the latest annual 2020 Gender Diversity Index (GDI) produced by the campaign group, 2020 Women on Boards. The organisation aims to increase the percentage of women on US company boards to 20% or greater by the year 2020. The latest […]
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Board diversity needs stronger pipelines Sir Philip Hampton and Dame Helen Alexander have released their recommendations for boosting UK board diversity with a stronger pipeline of women. Their report follows on from the progress made by the Davies review by focusing on increasing the number of female executive directors and broadening the scope to the […]
Read MoreEvery FTSE 100 company board should have at least non-white director by 2021 and each FTSE 250 Board by 2024 in a bid to boost ethnic diversity at the top level of British companies. This is the recommendation of a review of UK boards led by Sir John Parker. The review found that currently out of 1,087 director positions […]
Read MoreResearching the top 3,000 companies globally the percentage of women on boards reached 14.7% by the end of 2015 up from 12.7% in 2013 and 9.6% in 2010 according to the latest survey by the Credit Suisse (CS) Research Institute although rates of growth has varied between regions. The report based on the CS Gender 3,000 data, found […]
Read MoreAlas, it seems we are still some years away from simply announcing the appointment of a new CEO rather than focussing on their gender – or in the case of some newspapers, their domestic arrangements. As a case in point, the mainstream media was particularly excited last week by the appointment of a Emma Walmsley who […]
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