A women director is a great asset! Vince Cable, the Business Secretary, declared a “historic day for the FTSE” as the global mining giant announced the appointment of Patrice Merrin as a non-executive director. Ms Merrin, 65, was formerly chief operating officer of Sherritt, the Canadian mining giant. This represents a very positive move for Glencore. In the article in The Telegraph, Mr Cable added:
“The case for change is clear – businesses with diversity at their top are more successful. British businesses have embraced this move for change and done so in a voluntary way, without recourse for legal targets. Much more needs to be done of course to tackle diversity in the FTSE 250 and to fix the pipeline of women working their way up to the top of businesses to become the leaders of tomorrow”. Read more in The Telegraph article about why a woman director is a great asset.
Now the focus moves to recruiting many more women directors to the FTSE 250 companies and other UK companies where there is still have a lack of diversity at senior level!