27 April 2011 23:21 [Source: ICIS news]
LONDON (ICIS)--BASF’s supervisory board chairman Eggert Voscherau is opposed to a possible EU plan that would set quotas for the employment and representation of women in executive and board positions, he said on Wednesday.
Such “rigid, legally prescribed” quotas are “a bankruptcy declaration” on the part of politicians, Voscherau said in an article he contributed to German business daily Financial Times Deutschland.While nobody is opposed to women in high-ranking positions, said Voscherau, who also heads ?xml:namespace>
With quotas, politicians want to enforce top-down what should grow and develop from the bottom upwards, he said. “Proponents of a quota ignore the reality within companies,” he added.
In the chemical industry, companies are looking to recruit people with competence in science and technology, who they then train over many years to become executives, Voscherau said. However, the share of women with degrees in sciences, engineering, technology and mathematics is still relatively low in Germany, and many women do not seem to be interested in those fields, he said, adding that changing this situation requires a “change in culture".
Given the realties in
In a recent interview, BASF CEO Jurgen Hambrecht also warned against prescribing a quota for women. BASF currently has no female executive board members.
However, next month, Margret Suckale, BASF's senior vice president for global human resources, is due to become the first woman to join the company's executive board.
According to a recent study by economics research institute DIW Berlin, women account for only 3.2% of top executive and board positions at
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