Review of Women in Senior Leadership
The Government has announced a new review on improving female representation in leadership positions.
The review will build on the work of Lord Davies which increased the number of women on FTSE 100 boards from 12.5% to 26%. The new review will extend to the entire FTSE 350 and raise the target to 33% women on boards by 2020.
In order to meet the 33% target, a constant turnover is required and an appointment rate of 1 in 3 board positions going to women. Recently turnover rates have decreased and the percentage of new appointments going to women over the past 6 months has dropped below the 1 in 3 required.
The review is being led by Sir Philip Hampton, Chair of GlaxoSmithKline and Dame Helen Alexander, Chair of UBM and is due to report back to the Government by the end of 2016.
The articles published on this website, current at the date of publication, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your own circumstances should always be sought separately before taking any action.