February 12, 2019

Men appointed to boards because it’s ‘easier’

By Peter Siegenthaler

Few women sit on company boards in Switzerland – and the rate is low compared to other European countries. While parliament on Tuesday put off deciding about quotas, the business world has clear ideas about what should be done.

The Senate on Tuesday threw out a revision of Swiss Company Law, that would have included the issue of female quotas for company boards. It has now gone back to committee stage to be revised.

The most important duty of a company board is to oversee top management – and to have a 360-degree view of what should be done. That’s why members should preferably bring diverse skills and experience to the table, says Rudolf Meyer, founding member and honorary present of Actares,external link an organisation representing small shareholders that promotes sustainable company policies.