Spaniard first 'but not last' woman to join German blue-chip CEOsBelen Garijo will become the first woman to singlehandedly run a DAX 30-listed company from MayFRANKFURT - Belen Garijo will take over as CEO at German pharmaceuticals giant Merck from May -- the first woman to singlehandedly run a DAX 30-listed company -- as Europe's top economy debates quotas for greater boardroom equality. German software group SAP made the first cracks in the glass ceiling in 2019 when it appointed Jennifer Morgan as co-CEO alongside a male executive. Garijo for her part puts her success down to "hard work" and to having seized her chances "when they arose". - 'It's time' -Under the draft law approved by Merkel's government earlier this year, listed companies with four executives or more must appoint at least one woman to their executive boards. Merkel, in power since 2005, has spoken out at foot-dragging by business leaders, against the resistance of some in her own conservative bloc.

Source: Bangkok Post May 02, 2021 05:37 UTC