Korn Ferry Study Finds Hispanic Representation on Large Corporate Boards Remains Extremely Low, But There Are Signs of Improvement
Korn Ferry (KFY)
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Source: Business Wire
– Percentage of Women Hispanic Board Members Increases – – Large Companies See a Notable Number of Hispanic First-Time Board Members – LOS ANGELES--(BUSINESS WIRE)-- A new analysis by Korn Ferry (NYSE:KFY) shows that while there are still very few Hispanics on large corporate boards, there are signs of improvement. The study finds that the percentage of Hispanics on Fortune 500 Boards has remained stagnant since 2015, with 2.6 percent of board members being Hispanic as of summer 2017, and 2.5 percent at the end of 2015. Three-quarters of Fortune 500 companies have no Hispanic board members. The numbers are even lower when analyzing the Fortune 1000, with the number of Hispanic board members remaining at 2.1 percent since 2015. More than 82 percent of Fortune 1000 companies still have no Hispanic board members. “It is difficult to understand why advancement in board d
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