Other: “Empty Lean Chair” – New law should bring ladies quota to companies

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A draft law from the Ministry of Justice will bring more women for supervisory councils and board members: the proposal provides for a compulsory ladies quota in listed companies.

In particular, the EU directive for women-on-boards is implemented and a rate of 40 percent is intended for the under-represented gender on supervisory plates. A person of the sub -represented gender must be represented to board members of three people.

These principles are laid down in a so -called “corporate law management position law”, said it in a broadcast from the ministry. If the rate of 40 percent in the supervisory board is missed in a listed company, the so-called principle of the “empty armchair” applies: a line-up with a person of the already over-represented gender be invalid and the armchair would remain empty .

Also rules for board members
The following applies to the board: in one to two members management organizations, only men or only women are allowed to sit. At least one person of the next sex must be represented of three people. An organ assignment that does not meet this quota would therefore be illegal. When registering the mention in the commercial register, the court must check the quota – if it is not complied with, the entry may not be made. This also applies if a person leaves early as an organ. The new order must then take place in the sense of the existing quota.

“The share of women in management positions is still far too low in 2025, although there are many highly qualified women in the company,” said Minister of Justice Alma Zadić (Greens) in a broadcast. “With the Women-On-Boards Directive, we ensure more gender rights in management positions.” This would make structural change possible. “Because it is an excuse that no qualified women can be found for many board members.”

Source: Krone

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