CEO diversity slow to change even as U.S. boards hire more women and minorities

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At Fortune 100 companies, only 12 chief executives were women as of July 15, the same number as a year earlier, according to recruiting firm Heidrick & Struggles

The share of women and minority leaders taking on CEO roles has stagnated since last year at top U.S. companies despite corporate pledges to improve diversity, according to fresh research from recruiting firm Heidrick & Struggles, which attributed the trend to slow leadership turnover.At Fortune 100 companies, only 12 chief executives were women as of July 15, the same number as a year earlier, according to Heidrick.

The Heidrick & Struggles also report showed 86 CEOs in the group were white, down slightly from 88 in the prior period. That compares to a non-Hispanic white population of around 59 per cent in the United States, according to census figures. A corporate board can be diversified quickly because of that high rate of turnover, he said. “If you want to accelerate the rate of the change in the C-suite, then it has to be embedded in the succession plan,” Taylor said.

 

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They should be hired based on qualifications and experience. Not based on what box they tick. Look how well thats working in Canadian government 🙄

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