Merkel Whip Says CDU Plan for Women on Boards Trumps SPD
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Chancellor Angela Merkel’s coalition will probably defeat an opposition-led push to force large German companies to reserve as many as 40 percent of board seats for women after devising an alternative proposal, the chief whip for Merkel’s bloc said.
Under the agreement, at least 30 percent of the supervisory board of publicly traded companies must be reserved for women from 2020, Michael Grosse-Broemer said. That deal scraps a party commitment made in December for a “flexible” quota system.