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Pharmaceutical giant Merck now has a woman at the helm | Business| Economy and finance news from a German perspective | DW

How to negotiate more successfully as a woman
Glass ceilings and gender equality
In 2015, the German legislature passed a law mandating a 30% quota for women on supervisory boards of listed companies. Aiming further down the corporate ladder, this past January, the German cabinet greenlit a bill to force more gender equality on company executive boards after a voluntary system didn t bring about enough change.
If approved, the law will make it mandatory for listed companies to appoint one female board member if it has at least four members. Companies that the government has a majority stake in will be held to even tougher standards. Currently, only around 16% of DAX board members are women. ....

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Pharmaceutical giant Merck now has a woman at the helm

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Pharmaceutical giant Merck now has a woman at the helm
dw.com
4 hrs ago
Timothy Rooks
New Merck CEO Belen Garijo is the second women to reach the top of a DAX company and the only one to hold the reins alone. It s a rare example of a female executive making it to the summit in the German business world.
© Bernd Hartung/Merck/picture-alliance/dpa
Merck s new CEO Belen Garijo is the only women to head a DAX company single-handedly
In the middle of a global debate about social justice, women s rights and quotas for women in companies, Belen Garijo has ascended to the top job at Germany s pharmaceuticals giant Merck. Since the beginning of May, she has been CEO and chair of its executive board. That makes her the first woman to single-handedly run one of Germany s 30 biggest listed companies, known as the DAX. ....

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German economy to grow less than expected | Business| Economy and finance news from a German perspective | DW

German economy to grow less than expected
Germany s Council of Economic Experts has cut its 2021 growth forecast from 3.7% down to 3.1%. Council member Monika Schnitzer told DW the German recovery is still intact despite economic conditions remaining difficult.
Watch video
03:27 ....

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Stereotypes hold up women in business | Business| Economy and finance news from a German perspective | DW

German economist Monika Schnitzer talks to DW about what's still standing in the way of women being more successful in enterprises. She's a member of the Council of Economic Experts advising the German government. ....

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