Corporate Governance

Statutory Target Numbers for the Proportion of Women in Senior Management Positions

Bayer is striving to improve the gender balance in management positions. The company has therefore set itself voluntary as well as statutory targets and pursues them consistently.

At the end of 2015, the proportion of women to men in the five highest contract levels at Bayer was 28 percent to 72 percent.Zoom image
At the end of 2015, the proportion of women to men in the five highest contract levels at Bayer was 28 percent to 72 percent.

The “Act on equal participation of women and men in management positions both in the public and the private sector” obligates certain companies in the Bayer Group to meet targets for the number of women on the Supervisory Board, Board of Management or equivalent management bodies and at the next two management levels by June 30, 2017.

Women in the Supervisory Board
The Supervisory Board of Bayer AG is subject to an obligatory quota for women of at least 30 percent for new appointments from 2016. Since 2016, five of the 20 members of this Supervisory Board have been women. Thus the proportion of women is currently 25 percent. The voluntary target of 20 percent set by Bayer in 2011 in accordance with the recommendation of the Corporate Governance Code has therefore already been exceeded. The statutory target of 30 percent female members of the Supervisory Board will be ensured at future elections to the body.

Women in the Board of Management

Bayer AG has set itself the target of appointing at least one female member to the Board of Management by mid-2017. This was accomplished ahead of that deadline with the appointment of Ms. Erica Mann to the Group Management Board effective January 1, 2016.

Women in First- and Second-Level Management

Under the new legislation, the target for top-level female managers at Bayer AG is 20 percent by mid-2017. The target set for second-level management is 28 percent.

Besides Bayer AG, nine of the Group’s other companies based in Germany (excluding Covestro) are bound by this legislation. At these companies, the proportion of women in the first two levels of management below the Board of Management or Executive Board met the targets as of September 30, 2015. The target for June 30, 2017 is therefore between 0 and 23% at these companies.

The reason for the cautious targets is that the management of these companies - mainly small companies that provide specialized services such as Bayer Gastronomie, logistics specialist Chemion and maintenance company Tectrion – comprises only a few members and there are hardly any subordinate management levels compared with those at the holding company.

In view of the current, far-reaching changes in the Group – resulting from the separation of Covestro AG and the restructuring of the remainder of the Group – Bayer AG’s Board of Management has decided to set targets for the proportion of women in the management levels defined in the legislation on the basis of the quotas that will apply when reporting obligations commence. This is mainly because the upcoming reorganization of the Group is likely to cause considerable structural changes and thus staffing changes, especially in senior management. Consequently, it is not currently possible to give effective undertakings on achieving the defined proportion of women in senior management positions within the legally stipulated timescale.

Successful Voluntary Efforts towards a Better Gender Balance in Management Positions

However, this does not in any way mean that the Bayer Group will reduce its efforts to achieve a better gender balance in its management over the coming years. In 2010, Bayer set itself the voluntary target of raising the proportion of women in the five highest management grades throughout the Group toward 30 percent by the end of 2015. In just five years, it has succeeded in increasing the proportion of women in this segment of management from 21 percent to some 28 percent (including Covestro). In the life sciences, which will form the whole of Bayer in the future, the proportion of women in this segment was over 30 percent at the start of 2016.The aim is to increase the proportion of women in management positions further to 35 percent by the end of 2020 (excluding Covestro).

The Group will continue to pursue this extremely successful strategy in the future. Bayer will also carry on basing its strategy on its own definition of management levels because these correspond precisely with the structure of the Group and cover a far broader spectrum of management than is defined in national legislation. Thus Bayer will continue to publish the results of its voluntary Group-wide undertakings in its reports in addition to references to the targets set in German law.

Targets for the Proportion of Female Managers at Bayer Group Companies in Germany (Excluding Covestro)

Company

Target % Female Managers
by Mid-2017

Company

Target % Female Managers
by Mid-2017

Bayer Pharma AG

 

Bayer Gastronomie GmbH

 

Supervisory Board

19%

Supervisory Board

33%

Board of Management

0%

Executive Board

0%

1st management level

12%

1st management level

20%

2nd management level

23%

2nd management level

9%

Bayer Vital GmbH

 

Currenta-Geschäftsführungs GmbH

 

Supervisory Board

0%

Supervisory Board

17%

Executive Board

0%

Executive Board

0%

1st management level

0%

 

 

2nd management level

20%

This company does not have any employees.

 

Bayer CropScience AG

 

Chemion Logistik GmbH

 

Supervisory Board

17%

Supervisory Board

0%

Board of Management

0%

Executive Board

0%

1st management level

13%

1st management level

18%

2nd management level

18%

2nd management level

8%

Bayer Business Services GmbH

 

Tectrion GmbH

 

Aufsichtsrat

33%

Supervisory Board

0%

Executive Board

0%

Executive Board

0%

1st management level

9%

1st management level

0%

2nd management level

14%

2nd management level

0%

Last updated: July 1, 2016 Copyright © Bayer AG
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