Investor initiative calls on US firms to add women and people of colour to boards
So far, the Midwest Investor Diversity Initiative has persuaded two dozen firms to ensure women and people of colour are considered for open directorships
13 August 2019 - 17:55
Michigan, US — For the last five years, the national conversation about the lack of women or people of colour on US corporate boards has focused on the world’s biggest companies, with tangible results: in July, for the first time, every company in the S&P 500 had at least one female director.
At the other end of the spectrum, progress has been slower. In the Russell 3000 index of the 3,000 largest US companies, there are still more than 300 all-male boards...
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