Adidas will increase female board members by 2017

02/10/2015
From 1 January 2016, at least 30% of supervisory board representatives of publicly listed companies in Germany must be women, according to German law.

Sportswear firm adidas said it achieved this proportion last year but has now set targets further down the organisation.

By June 30, 2017, the supervisory board will appoint one woman to the executive board; the percentage share of women at board-1 level will be increase to 18% from 11%; and those at Board -2 level will be increased to 30% from 26%

“Our utmost priority, and a prerequisite for increasing the number of women at the highest levels of management, is the general promotion of women within the adidas group worldwide at all levels of management,” said adidas.

“Additionally, we feel it is important to reiterate that quotas for women only come into effect during candidate selection when the candidates who make it through to the final round are equally qualified. The priority is, and has always been, to choose the candidate who is best qualified for the role.”