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Newmont changes shows complexity of adding boardroom diversity Noreen Doyle and Veronica Hagen. ( Image courtesy of Newmont.) Newmont Corp.’s decision to replace a pair of retiring female directors with men from Africa and Mexico has resulted in the first net gain in almost a year for men on the boards of S&P 500 companies. While the shift may be temporary, the board changes at Newmont demonstrate the complexity of addressing sometimes competing diversity needs in corporate America. Sign Up for the Copper Digest Sign Up The Colorado mining company reached gender parity on the board for the first time in 2020 when two women joined and a Black director from Ghana departed, said Nancy Lipson, Newmont’s general counsel who’s also the liaison with the board on diversity efforts. This year, the focus shifted to replacing the lost Ghana expertise and adding someone with expertise in Mexico, where the company has bulked up operations, she said.

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