Women’s Share Of European Board Seats Increases To More Than 20 Percent Says Egon Zehnder Study

October 31, 2014 – More than 20 percent of directors on large European company boards are women, a significant increase from 15.6 percent just two years ago and a jump from eight percent in 2004, according to the current Egon Zehnder European Board Diversity Analysis report. European boards have also progressed in other aspects of diversity; today, nearly one-third of directors (32.3 percent) on large European company boards are non-nationals, up from 2006 when the figure was 22.7 percent. "We believe the evolution towards greater board diversity is steadily advancing, and the issue has become more deeply embedded into the conversation at the highest levels of organizations around the world,” said Rajeev Vasudeva, Egon Zehnder's chief executive. “Boards, just as much as CEOs, must embody and champion the importance of diversity, and as average CEO tenure shortens, boards are essential for ensuring cultural and strategic continuity on this topic.” The Zehnder report examined board diversity at more than 350 companies across 17 European countries.

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