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Analysis: What happened when a U.S. state required details on corporate diversity
Reuters | May 11, 2021 09:00 PM EDT
CEO of Morningstar Inc Kunal Kapoor poses for a portrait in Chicago, Illinois, (Photo : REUTERS/Eileen T. Meslar)
Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland Co offered a more general accounting, saying its board was 55% diverse.
Illinois officials have seen the range of responses from local companies - many with international profiles - to new state requirements they identify the gender and race or ethnicity of each board member. The regulators say they are going to push all to be more like Boeing.
ANALYSIS-The U.S. state with the most detailed corporate diversity disclosures Reuters 1 day ago
By Ross Kerber and Jessica DiNapoli
May 11 (Reuters) - Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland Co offered a more general accounting, saying its board was 55% diverse.
Illinois officials have seen the range of responses from local companies - many with international profiles - to new state requirements they identify the gender and race or ethnicity of each board member. The regulators say they are going to push all to be more like Boeing.
The U.S. state with the most detailed corporate diversity disclosures
Aerospace company Boeing Co BA.N was explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland Co ADM.N offered a more general accounting, saying its board was 55% diverse.
Illinois officials have seen the range of responses from local companies – many with international profiles – to new state requirements they identify the gender and race or ethnicity of each board member. The regulators say they are going to push all to be more like Boeing.
Companies, investors and elected officials will watch closely what happens next with the state’s rare requirement for director-by-director declarations.
ANALYSIS-What happened when a U.S. state required details on corporate diversity Reuters 3 days ago
(Changes headline)
By Ross Kerber and Jessica DiNapoli
May 11 (Reuters) - Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African American. Agricultural giant Archer Daniels Midland Co offered a more general accounting, saying its board was 55% diverse.
Illinois officials have seen the range of responses from local companies - many with international profiles - to new state requirements they identify the gender and race or ethnicity of each board member. The regulators say they are going to push all to be more like Boeing.