19-04-2024 11:29 AM Jerusalem Timing

Germany Adopts ’Historic’ Quota for Women Board Members

Germany Adopts ’Historic’ Quota for Women Board Members

Germany’s biggest companies will be required to have women fill a third of their supervisory boards from next year under a law adopted in parliament on Friday.

Germany's biggest companies will be required to have women fill a third of their supervisory boards from next year under a law adopted in parliament on Friday.

Two days before International Women's Day -- and after years of wrangling over the issue -- lawmakers in the Bundestag lower house of parliament widely approved the quota.