More women in Executive boards of German companies

It is a slow change: more and more women do it, according to a study in the upper echelons of the German economy. However, managers are still rare. Especially in the trading of the share is low.

There are more and more top managers in Germany. However, the change is slow. In the 160 companies in the stock exchange indices Dax, MDax and SDax 61 Manager worked to the date the first of January of 2019 in total, the inside of the Board. The eleven women more than a year ago. The proportion of women in the management bodies increased within a year from 7.3 to 8.6 per cent. The evaluation of the auditing firm Ernst & Young (EY) showed. This is the highest value since the beginning of the examination in the year 2013.

Saori Dubourg is a Board member of BASF SE

Kathrin Menges is a member of the management Board at Henkel

Claudia Nemat, Board member of Deutsche Telekom

the most frequently women in the boardrooms of telecommunications are to be found companies, where their share is 16 percent. In second and third place in the financial industry, with 13 percent and logistics company with twelve percent. In the trade, in which women work, the percentage of women in the boardroom, in contrast, just three per cent.

Two thirds of companies continue to be exclusively of men. "Women in German boards of Directors are still a rarity", said EY expert Ulrike Hasbargen.

The domination of men in German boardrooms entails, in their view, problems: "at first It may be a bit more strenuous, to work in mixed Teams, but the friction, which arises here, the discussions and the meeting of different points of view lead also often to new solutions and more innovation power," says Hasbargen.