Companies used to privilege financial profiles but more and more companies are looking for women with an international background. They are also seeking for women that are business unit/ subsidiary manager in a foreign country or have a digital, juridic; HR or communication background.According to the cabinet Eric Salmon and Partners, 82% of the women in the boards have different diplomas from foreign universities.A study made by the Gouvernance & Structures on January 2015, 26,6% of the board women members are managers. The IFA, a French institut of managers, noticed that there are more operational and foreign women that are in the boards of directors.
A Russel Reynolds Associates study, made on September 2013, found that 51% of the CAC 40 managers are from a foreign country and 23% of the SBF 120 except the CAC.In 2015, the number of foreign women in the board of CAC 40 decreased to 33% and to 21% for the SBF 120.The same study showed that 70% of women managers of the SBF120 have executive functions in the companies listed.However, the study made by Gouvernance & Structures highlight the fact that the diversification of the profiles is modest.Some fields such as technical, scientific or production, trade, marketing and communication are not well represented in the board. Concerning the age, generally companies are hiring women in the board of directors between 40-50 years old according the Governance & Structures study. Another study made by Spencer Stuart showed that the average age has increased to 55,9 years old.
This shows that for women the age is a tricky subject in France.c. Some companies’ Corporate Governance examples in FranceAccor Hotels group board of directors is composed of 17 members : 10 male and 7 femaleThe women in BoD are from different background and have different occupations.
Irish Knobloch is Vice President; Iliane Dumas is director employees representative and project manager of Talent and Culture in the Accor Hotel subsidiaries; Mercedes Erra is Executive President of Havas Worldwide; Sophie Gasperment is General Director of the L’Oréal group, Finance communication and Strategy prospective; Qionger Jiang is General and Artistic Director of Shang Xia, Isabelle Simon is General Secretary and a member of the executive committee of Thales and Natacha Valla is the head of the economic policy and strategy of the BEI – European Bank of Investment.Another example is the French company Renault; its board of directors is composed of 30 members whose 5 are women.As we can see from the image below, they are from various background too and have various position, M. Sepehri is the Executive Vice President and Office of the CEO; V. Sarlat-Depotte is an Alliance Global’s Executive Vice President and Purchasing President of RNPO, M-F Damesin is an Alliance Executive Vice President, Alliance Human Resources Executive Vice President and the Groupe Renault Human Resources; N.
Leclair, is a Senior Vice President Expert Fellow and C. Delbos is the Executive Vice President, Chief Financial Officer Groupe Renault Chairman of the board of RCI Banque.Finally, Nestlé is composed of 14 members : 5 women and 9 menAs from the other two examples, the women members are from different background and have different position. N. Lal Kidwai is a Chairperson of HSBC Group of Companies in India, A.
M Veneman is an Executive Director of the United Nations Children’s Fund; E. Cheng was the Corporate Executive Vice President accountable for Greater China and Southeast Asia Region, Amway Corporation; R. Khasaya Oniang’o is the President Adjunct Professor of Friedman School of Nutrition Science and Policy and Tufts University and R.M. Burns is the present Chairman of the Board of Xerox Corporation. To sum up, we can see that the youngest female from the examples have 41 years old and the oldest 71 years old. Most of them have a different background and different position but most of them have a Business or Administration background.
Only Accor Hotels group has reach the Corporate Board Quota with 41% of their members being women.