In this week's BusinessWeek, I came across an article about how in France they're looking to pass a law that requires 40% of a major company's board of directors be made up of women. On the one hand, you can argue that membership to a board should be on the basis of merit and if a man is more qualified, so be it. But according to Christine Lagarde, the French Finance Minister, "You stand on your own merits and you should be recognized as such. But things are moving too slowly. There will be a lot expected of women simply because there will be resentment on the part of those who will have to make space."
They mention specifically the addition of Bernadette Chirac (the former president's wife) joining the board of LVMH, the massive luxury goods conglomerate overseen by Bernard Arnault which reminded me of a profile I read last year in the the WSJ Magazine.
Last year, the Wall Street Journal started publishing an upscale lifestyle magazine called WSJ. It kind of reminds me of a combination between the NYTimes Magazines and Forbes Life magazine. Needless to say, it's pretty awesome if you're into luxury, travel and general good living. They did a great feature on Arnault's empire.
Check out the BusinessWeek article HERE.
Read the WSJ Magzine article HERE.