Another EU Advance In The Fight For Women Boardmembers
November 21, 2012, 3:21 PM EST
Law360, New York (November 21, 2012, 3:21 PM EST) -- Viviane Reding, vice president of the European Union and commissioner for justice, citizenship and fundamental rights in the European Commission, recently announced that the European Commission has agreed on a proposed new law setting a target that, by 2020, 40 percent of non-executive directors of larger European publicly listed companies should be women. Public undertaking will have until 2018 to comply.
In advance of the formal announcement, Reding tweeted “It's done. The Commission has adopted my proposal for a European law so that women represent 40%...