HR News Update – Women on boards FTSE milestone reached

Women on boards FTSE milestone reached HR News Update – Women on boards FTSE milestone reached

The FTSE100 made history today with the news of Glencore Xstrata’s appointment of Patrice Merrin to their board, meaning that there remain no all-male boards in the UK’s top companies.

The appointment has been welcomed by the Business Secretary Vince Cable and comes as a result of Government and business efforts to improve boardroom diversity in the UK following the Lord Davies review of 2011. Business Secretary Vince Cable said: “This is a historic day for the FTSE and for the reforms I've been pushing for to ensure that there is more diversity in the talent running our biggest companies. Huge progress has been made on this agenda since 2010 and from today every single top 100 company listed on the London stock exchange now counts a woman on their board.

Mr Cable continued: “This last appointment has been long in the making but I congratulate Glencore Xstrata today on hiring their first woman non-executive board director. The case for change is clear – businesses with diversity at their top are more successful. British businesses have embraced this move for change and done so in a voluntary way, without recourse for legal targets. Much more needs to be done of course to tackle diversity in the FTSE 250 and to fix the pipeline of women working their way up to the top of businesses to become the leaders of tomorrow. But for today, let us celebrate this important landmark achieved working hand in hand with business, not by imposing tokenistic targets, which other countries have favoured.”

Read more

Latest News

Read More

How to foster a culture of learning

27 November 2024

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

Human Resources Manager Cammell Laird This is a key HR role supporting leadership and managing day to day HR operations for our large Birkenhead based

Human Resources Manager Up to £42,000 per annum benefits (including 25 days annual leave and pension) Leatherhead, Surrey KT22 7TW. Rainbow Trust Children’s Charity is

University of Greenwich – HRSalary: £45,163 to £55,295 per annum, plus £5400 London weighting pro rata per annum

Universities UK – Human ResourcesSalary: £21,441 to £24,474 per annum pro rata, dependant on experience

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE