Myners: more women will get on boards

first_img Tags: NULL KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Myners: more women will get on boards Monday 28 March 2011 12:07 am EX-CITY Minister Lord Myners expects women to make up the majority of board members in at least five FTSE100 companies by 2021, without quotas necessary to bring about the change. Speaking at tonight’s Business Woman of the Year awards, Lord Myners will say that the failure by the private sector to recognise and mobilise female talent is the largest missed opportunity of recent history, with women’s “different, fruitful and, at times, distinctly superior style to decision making and leadership” offering the best opportunity for future growth and economic prosperity.But he will stop short of recommending compulsory measures to encourage gender diversity, insisting that board appointments should be based on merit, with companies responsible for removing internal barriers to appointing female leaders. Myners’ views contradict those expressed in last month’s government-commissioned report from Lord Davies, which said quotas to encourage female board members would have to be introduced if voluntary measures fail. According to a 2010 study by Cranfield University, women make up only 12.5 per cent of FTSE100 board members, just a 0.3 per cent rise from the previous year. Burberry is currently the FTSE100 company with the greatest number of women on its board, but still falls short of Myners’ predictions with just three out of eight female directors. Diageo is the only company with four women on its board, including recently apponted finance chief Deirdre Mahlan. Almost a fifth of the current FTSE100 – 18 companies – have no female directors at all.Lord Davies’ report called for the UK’s largest public companies to make sure female directors make up at least 25 per cent of their board members by 2015. center_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Show Comments ▼ Share whatsapplast_img

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