Minister for Women says old white men should 'move on' from company boards
Women's Minister Julie Anne Genter says old white men need to "move on" from company boards to help close the gender pay gap.
Speaking to students at Christchurch's Cobham Intermediate School on Thursday, Genter said the private sector needed to address the low level of female representation on New Zealand company boards if more businesses were to be led by women.
About 85 per cent of board members were male, and many were "old white men in their 60s".
"Some of them need to move on and allow for diversity and new talent," she said, later clarifying she had "no problem with old white men" on company boards generally.