Deutsche Telekom introduces women's quota

BERLIN

Deutsche Telekom AG says it is introducing a quota for women in management. It aims to have women fill 30 percent of upper and middle management positions by the end of 2015 compared with only 13 percent recently.

Chief executive Rene Obermann said Monday that increasing the number of women in management "is a matter of social fairness and a categorical necessity for our success."

The company says 13 percent of its management positions were occupied by women in 2008. It says it would be the first on Germany's DAX index of blue-chip stocks to introduce a quota.

Deutsche Telekom, based in Bonn, says it would use recruitment policy and executive development programs among other tools to reach the target.