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More expatriates but few women managing firms

Switzerland's largest firms are hiring more managers from abroad according to a report by the recruiting firm Guido Schilling & Partner.

However, the study found that women held only four per cent of management positions. It said that six per cent of incoming managers were women.

The profile of a top manager remains a 51-year-old Swiss male with a university degree, two decades of work experience and ten years or more in a management position, the company said.

It noted that more than half of new managers were being hired from abroad. From 2006 to 2007, the number of foreign CEOs jumped from 32 to 38 per cent.

Among executives, German nationals made up 34 per cent as opposed to 30 per cent the previous year. Americans filled 12 per cent of these positions and British citizens ten per cent.

Guido Schilling & Partner surveyed 780 top managers from 104 firms as part of its study.

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