this fall are expected to pave the way for potentially thousands of people with racially and sexually diverse backgrounds to join corporate boards over the next few years. Nasdaq—which would require listed companies to have at least one woman and another director who is either a racial minority or lesbian, gay, bisexual, transgender or queer—has found that three-quarters of its nearly 3,000 listed companies don’t meet its proposed criteria.
Recruiting those directors raises a set of awkward challenges for companies. A board candidate’s ethnic background or sexual orientation isn’t always obvious, and scouting those candidates can require some unconventional digging, recruiters and directors say. A bigger, more sensitive issue, many say, is making their boardroom additions more than just a check-the-box exercise.
“When I get those calls, my first reaction isn’t, ‘Oh I’m getting those calls because I’m a Black woman.’ My first reaction is: ‘Oh, I’m getting the call because I’m a finance person,’ ” said Mary Winston, a director at companies including Chipotle Mexican Grill Inc. and Bed Bath & Beyond Inc., of calls she has gotten about filling other board vacancies. Still, “I can’t say it’s not in the back of my mind,” said Ms. Winston, a former chief financial officer at Family Dollar.
Many delicate matters General
Stop this. Appoint the best people. The End
FBiHÉLLÈ WE stuck in Nasa military FBi HÉLLÈ
Identity is not diversity
Oh wait, here it is, here is corporate America and how it handles diversity...
So all these companies that ignored diversity are going to scramble to meet public pressure to make up for their greedy, ignorant, narrow minded past behavior...you do realize they will screw it up royally and not understand why the call for diversity existed in the first place?
Nasdaq pressures companies to diversify corporate boards .
How about eliminate boards- they have destroyed the American Dream- the enrichment of a few at the utter destruction of the masses
So rather than assume that the woman or minority on a Board of Directors got there based on their experience and value to the company, we can now just assume they got there because they are a woman or minority....
Hylion needs an article guys