BCE Inc fights shareholder activists on imposing quota for women board members

27 mars 2015
Christina Pellegrini, National Post

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Peter J. Thompson/National Post files — A Bell sign at BCE's corporate headquarters in Toronto. BCE’s 13-person board reiterated its pledge that females will occupy at least one-quarter of independent directorships by the end of 2017.

TORONTO — BCE Inc. is calling for shareholders to reject a resolution that would impose a strict quota on the proportion of women who sit on its board. In its proxy circular, the company is urging owners to vote against a proposal that would force the Montreal-based telecom giant to boost female representation from the 15% of directors it maintains today to a minimum of 40% by 2020.

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