Goodwin Procter, Clients Push to Diversify Public Company Boards

May 20, 2021, 11:00 AM UTC

Goodwin Procter is teaming up with investment and venture capital firms to try to diversify the boards of publicly-traded companies.

Stuart Cable and Lisa Haddad, partners in Goodwin’s M&A practice, created an annual program that begins virtually this summer for about two dozen women and minorities—one third of whom are Black. The goal is to have each participant on a board within a year.

“We want to help jump start board careers,” Cable said in an interview.

The lawyers and their clients are trying to put a dent in figures that show White people hold 84% of Fortune 500 board ...

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