Latinos Left Behind in California’s Diversification Efforts
A new state law requires publicly traded companies to diversify their leadership boards but Latinos are being left out, occupying only 2.3 percent of boardroom seats despite being 40 percent of the state’s population.
April 27, 2021 •
(TNS) — The number of Latinos serving on California corporate boards of directors trails far behind other groups despite a recent law mandating that publicly traded companies diversify their leadership, according to a new report.
Latinos, who represent the state's largest ethnic group, make up 2.3 percent of board room seats, according to an analysis of 678 public companies headquartered in California by the Latino Corporate Directors Association.