Ex-Xerox CEO Ursula Burns says companies must 'change the criteria' to create diverse boards

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A panel of Black leaders said on CNBC's 'The Path Forward: Race and Opportunity in America' that companies have to do better to create diverse boards and C-suites.

co-president Charles Phillips and former Aetna CEO Ron Williams.

According to Burns, companies have to stop screening for people who have been CEOs as they build out their boards, because Blacks have been excluded from those roles. Even today, there are only four Black CEOs in the Fortune 500. Asked whether quotas are the right approach, Burns said that "quotas are the result of failure." The problems that are gaining resonance today, in the aftermath of the murder of George Floyd and other instances of police violence towards Blacks, have been around for decades.Williams, who was CEO of Aetna from 2006 through 2010, agreed that companies need to "broaden the applicant pool," when filling out leadership roles.

 

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Agree with Burns statement that quotas should be used if institutions fail to diversify.

Efficiency, merit, or wisdom doesn't exist in the woke SJW BLM culture. Only hypersensitivity to skin color and playing victim while blaming all their issues on cops, white privilege, etc etc etc. It never ends.

Merit, tenacity, creativity, ingenuity are good for this country, not focusing on skin color. BLM are bunch of racists and using racism to fix racism...is racism.

Efficiency, merit, or wisdom doesn't exist in the woke SJW BLM culture. Only hypersensitivity to skin color and playing victim while blaming all their issues on cops, white privilege, etc etc etc. It never fucking ends.

If you’re not good enough, Too Bad.

Diversity of thought and experience is true diversity. You get a black men and women Harvard educated... that’s not diversity.

I want the best board with merit who will look after interest of shareholders and especially small investors most. Anything else is irrelevant in running a company effectively.

NBA needs more white players then

“Something she didn’t do while at the helm” Yeah, ok.

I owned that stock while she was ceo, bit of a bumpy ride, but i made some money on it. I think the real challenge was thay she did not capitalize on the obamacare contracts that they received.

“Ex” for a reason

NaijaFlyingDr Repossess the means of production distribution and exchange !

If I own stock in a company I want the most qualified board!

Bullshit!!! Companies have to stop hiring cheap labor from other countries via H-2B visas and start hiring Americans.

WakandaForever

Why tho?

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