Danish Women Buy Their Way on to the Board
Group buys shares in companies with fewer than 2 women on their boards
- A group of executives calledBest.Women is buying shares in seven major Danish companies with one or no female board members.
- As of the start of February 2009, the group had shares in Carlsberg, Novozymes, Lundbeck, GN Store Nord, DSV, FL Smith and IC Companys.
- Using their shares, the group will draw attention to the paucity of women on the board at annual shareholders’ meetings.
- Best.Women also plans to offer training on becoming a board member.
- Susan Lund, the Best.Woman board member who leads the organisation’s training projects, told The Copenhagen Post, “We want to establish a trainee project for 10 women who want to be on boards. We intend to contact companies and urge them to allow one of the women to shadow the boards for a year – unpaid.”
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