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20 minutes – Few women at the head of large Swiss groups

Equality

Among the groups listed on the Swiss stock exchange, almost none is headed by a woman.

Only the watchmaker Swatch has entrusted the chairmanship of the board of directors to a woman, Nayla Hayek.

KEYSTONE

Even if the situation has improved somewhat, women are still underrepresented at the head of large Swiss companies. Among the groups listed on the Swiss stock exchange, almost none is headed by a woman.

Only Swatch entrusted the reins to a woman

While in 2016, women on the boards of companies listed on the SMI star index represented a share of 21%, this percentage has increased over the years to reach 28% this year, according to a published study Sunday by executive recruiter Russell Reynolds.

But there is little but the watchmaker Swatch to have entrusted the chairmanship of the board of directors to a woman, Nayla Hayek.

In 2020, they are only 11.5% to sit in the management of companies for SMI companies and barely 7.8% for those of the extended SMIM index. The differences are however still significant. At the level of the 20 companies of the SMI, none is headed by a woman and only the cement producer Lafargeholcim has a financial director in the person of Géraldine Picaud.

Not a single woman

However, companies such as the operator Swisscom, the insurer Swiss Life, the construction chemist Sika and the inspection and certification specialist SGS have no female members on their management.

Ems-Chemie has a female share of 33% in its management committee, followed by the industrial group Oerlikon (25%) and Bucher (22%). The producer of VAT valves, the real estate company Swiss Prime Site and the manufacturer of elevators and escalators Schindler, on the other hand, did not include any women in their management.

Switzerland at the bottom of the European ranking

Despite the overall improvement in the situation, Switzerland is still a poor figure compared to other European countries. The most virtuous in terms of gender diversity in management are Norwegian companies with a female share of 27%, followed by Sweden (24%) and the United Kingdom (23%).

Switzerland, with its 11.5% share in management committees, is at the bottom of the ranking, ahead of Italy (12%) and Germany (14%). France has a share of 20%.

(ATS)

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