Boards are adding more women and minorities ahead of Nasdaq rule
Boards are adding more women and minorities ahead of Nasdaq rule
BLOOMBERG
The pressure is on for boards to diversify, and it s working.
Since last June, 145 S&P 500 companies have added at least one Black director, a brisk pace compared with past years, according to recruiter Russell Reynolds Associates. Latino board appointments at public companies quadrupled from a year ago, and women, for the first time, hold almost one-third of all seats on the S&P 500. Only one major U.S. initial public offering debuted with an all-male board last year.