Following years of lively debate and a bill that was blocked by the conservatives at the start of this year, the government working group set up this summer to reach a compromise announced on Friday 20 November that it had agreed on a final draft that will lead to the introduction of a mandatory quota for women in senior management roles at large public companies and co-managed companies listed on the stock exchange. There have been admissions among those opposed to and sceptical of the measure that the unwillingness of companies to promote women to senior management positions has made it difficult to resist the plans.
Five years to achieve a mandatory quota. The government coalition agreement signed in 2018 between the conservative parties (CDU/CSU) and the Social Democratic Party (SPD) included plans to improve and extend the law on the occupation of executive positions in companies (Füpog). The law, which entered into force in 2016, obliges large listed companies subject to co-determination laws and large state-controlled companies to ensure that 30% of positions on the supervisory boards are held by women
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