The annual Census of women directors and executive officers plays a major role in The Boston Club’s Corporate Board Program, focusing attention on the identification and development of a vital pool of female expertise for corporate leadership positions.
While progress continues to be made, hundreds of US public companies still have an all-male board of directors. Only about 10 percent of S&P 500 companies explicitly disclose individual directors’ race (ethnicity), and 8 out of 10 of those board members are white.
“Diversity Disclosure Initiative” led by Thirty Percent Coalition members Illinois State Treasurer Michael Frerichs and Connecticut State Treasurer Shawn Wooden.
Corporate Board Diversity & Refreshment Practices
A lack of diversity in gender, race, ethnicity and other demographics persists at the executive and board levels, underscoring the need for modern leadership.
quality shareholders’ understand that a wide variety of backgrounds makes a business better
...we find that banks with more gender diversity on their board perform better once the composition of these boards reaches a critical level of gender diversity, corresponding to a board female share of around 13-17 percent.
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