PayPal chief: Gender quotas ‘needed’ at board level

Gender quotas are needed to “move the needle” and increase the number of women sitting on the boards of Irish companies, according to the head of PayPal in Ireland.

PayPal vice-president of global operations for Europe, the Middle East and Africa, Louise Phelan said she didn’t agree with quotas in principle but felt they were needed to spur a change at board level.

Currently, women make up just 10% of board seats on Iseq companies.