Daily Mail
May 23, 2014
Headhunters should submit all-women shortlists of candidates for top jobs to solve Britain’s chronic shortage of female executives, Vince Cable said yesterday.
Just one in five top jobs in the FTSE index of the UK’s 100 biggest public companies are held by women.
Yesterday the Business Secretary slammed Glencore Xstrata, the mining giant, for failing to have even a single woman in its boardroom.
It is the only company left in the FTSE 100 to still be an all-male club, but has finally pledged to sold the problem by hiring a female director by the end of the year.
Speaking to Woman’s Hour on Radio 4, Mr Cable said the lack of women at Glencore is ‘a bit of a disgrace, to be frank’.
Later, when asked about headhunters being able to put forward all-women shortlists, he said: ‘You know, we’d like to see that happening.’
Under the Government’s voluntary code, 25 per cent of directors in the FTSE 100 should be women by 2015.
When Lord Mervyn Davies established the code in 2011, the figure was just 12.5 per cent, but the latest figures show it has jumped to 20.7 per cent.
The attitude of some senior men to female colleagues offers an insight into why so many women are being held back in their careers, and doing jobs which are beneath them.