BOARDWOMEN PARTNERS IS 10 YEARS OLD
BWP CELEBRATED ITS 10TH ANNIVERSARY LAST NOVEMBER 2017
Between 2007 and 2017 women representation on Boards has increased from 8 to 40%. Supported by the enactment of the Copé-Zimmerman law, which implies a minimum of 40% of the under-represented gender on boards of directors, BoardWomen Partners has celebrated very positive results.
Within 10 years, BoardWomen Partners has contributed to:
– 120 pairing of mentors/mentees
– 58 women nominated on 105 boards of directors
... AND ENTERS INTO ITS LAST PHASE IN 2018
By the end of 2017, the makeup of boards has changed: all CAC40 & SBF120 companies have reach a minimum of 40% of seats occupied by women.
« We just have ended the ‘first step’: the feminization of boards. Nevertheless, this quantitative step must not hide a much more complex reality: the true position and role of women in circles of power and the make up of ExCom that are still over-represented by men.»
From now on, the subject of feminization is focused on Executive Committees and every level of management in companies. If BWP has enabled support for step 1 for the past 10 years, today the program can no longer be a substitute for these two issues. This transformation lies with the companies and relies on each leader, chairman and the company’s executives.
While celebrating the 10th anniversary of the program, Marie-Claude Peyrache and Véronique Préaux-Cobti passed on the baton and announced that BWP is entering into its final phase in 2018.
AFEP, companies, chairmen & mentees on director boards, have given their committment so that gender balance at all levels of companies becomes reality.