Playmobil Founder, Who Long Favored Women Executives, Selects Yet Another
The 81-year-old founder of Playmobil, Horst Brandstätter, has long promoted women to top management positions. Now with chief executive Andrea Schauer stepping down, he is giving another woman, Judith Weingart, the top job.
German companies have been criticized for not doing enough to promote women to top management positions. The government is introducing a gender quota, forcing companies to reserve 30 percent of supervisory board seats for women.