Slow Gains for Women and Minorities on Boards of Big U.S. Firms, Study Says [The New York Times]
Adtalem Global Education Inc. (ATGE)
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Source: The New York Times
Slow Gains for Women and Minorities on Boards of Big U.S. Firms, Study Says - The New York Times The percentage of minorities and women on the boards of the largest public companies in the United States has edged up in the past two years, but “advancement is still slow” and the bulk of corporate directors at such firms continue to be white men, a study released on Tuesday finds. The study, by the Alliance for Board Diversity, which advocates for broader demographic inclusion in boardrooms, and the professional services firm Deloitte, shows that women and minorities occupied 38.6 percent of board seats at Fortune 100 companies last year, compared with 35.9 percent in 2016. At Fortune 500 companies, the figure rose to 34 percent in 2018 from 30.8 percent two years earlier, the last time the study was done, but still fell short of the alliance’s target. “Our goal is to get to 40 percent diversity so we can have fair representation on Fortune 500 corporate boards,” said Linda Akutagawa, t
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