Michel Landel, CEO of Sodexo, is a director of Catalyst Inc., a feminist campaigning organisation. No, seriously, he is!

Now this is definitely one for the ‘You couldn’t make this stuff up!’ file.

My thanks to Ken for forwarding me a couple of Bloomberg links a moment ago. The first is a profile of the French multinational, Sodexo, the second a profile of Michel Landel, the company’s CEO:

http://investing.businessweek.com/research/stocks/people/people.asp?ticker=SDXOF

http://investing.businessweek.com/research/stocks/people/person.asp?personId=327974&ticker=SDXOF

Monsieur Landel’s estimated annual compensation is around £2.7 million – fair enough, Sodexo is a very large company. But the detail in the profile which struck me most forcefully was that he’s also a director of Catalyst Inc. My first thought was, ‘Well, that’s surely not Catalyst, the feminist organisation which campaigns for more women on boards, and whose reports showing a correlation between more women on boards and improved financial performance are still used to this day by people misrepresenting correlation as causation?’

To my utter astonishment, it is the same organisation. Bloomberg’s profile of Catalyst:

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24914518

I see Ilene Lang (‘Ms’ Ilene Lang, needless to say) remains the CEO of Catalyst Inc at the age of 69. She has yet to respond to a public challenge we made a year ago:

http://j4mb.org.uk/2013/09/15/our-public-challenge-of-ilene-lang-president-and-ceo-of-catalyst-an-american-organisation-campaigning-for-increased-female-representation-in-boardrooms/

Does Monsieur Landel, a leading businessman earning £2.7 million p.a., not understand the difference between correlation and causation? Or is he supporting the drive for more women on boards because he’s unaware of the evidence that this policy direction must harm his company’s financial performance in time, at the expense of Sodexo’s shareholders? Our briefing paper on the matter:

http://c4mb.wordpress.com/improving-gender-diversity-on-boards-leads-to-a-decline-in-corporate-performance-the-evidence/

Senior business executives, both men and women, are actively destroying a cornerstone of capitalism – the right of companies to appoint board directors as they see fit. What times we live in. We look forward to the Left finding a wealth-generating system to replace capitalism when the feminists have finally destroyed it, with the keen support of men such as Monsieur Landel, David Cameron, Vince Cable, Sir Roger Carr… too many to name.

About Mike Buchanan

I'm a men's human rights advocate, writer, and publisher. My primary focus is leading the political party I launched in 2013, Justice for Men & Boys (and the women who love them). I still work actively on two campaigns I launched in early 2012, Campaign for Merit in Business and the Anti-Feminism League. In 2014 I launched The Alternative Sexism Project, aiming to raise public understanding that the sexism faced by men and boys has far more grievous consequences than the sexism faced by women and girls.
This entry was posted in Uncategorized. Bookmark the permalink.
  • Don’t have a major problem with self-hobbling of a French competitor, Mike.
    His call.
    I am far more concerned we in UK wish to hobble ourselves in employing even more individuals who won’t, or indeed through competence can’t, add value to a company but take a heavy compensation package nonetheless.
    And as for a Government who take 72% of our monies to actively ENCOURAGE this situation.
    Now, THAT’S SOCIALISM.

  • Pingback: HEqual: ‘Cancer Research UK finally recognises that male cancers exist’ |()