Industry News: ESG

Boards Are Adding More Women and Minorities Ahead of Nasdaq Rule

Written by ESG | 17-May-2021 3:47:12 PM

2021-05-14

Yahoo Finance: 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 to 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 a 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.

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