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German Gender Quotas Drive Record Gains in Corporate Leadership

Women's representation on supervisory boards has nearly doubled and executive boards quadrupled in a decade, prompting calls to expand quotas to more firms.

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Overview

  • As of April 2025, women hold 37.5% of supervisory board seats in private firms and 38.9% in public enterprises, nearly double the levels from 2015.
  • The proportion of women on executive boards of listed companies has quadrupled from 5% in 2015 to 20.2% today, with public enterprises reaching 31%.
  • The first Führungspositionengesetz in 2016 mandated a 30% quota for supervisory boards, while a 2022 law required at least one woman on executive boards of companies with more than three members.
  • Fidar and Federal Women’s Minister Lisa Paus credit statutory quotas for the progress but emphasize the need to extend these measures to all listed firms and companies with over 500 employees.
  • Currently, only 100 companies are subject to the supervisory board quota, and the executive board rules apply to just 61 private firms and 43 federal participations.