Fortune 500 companies looking to add diversity to their mostly white and male boards are increasingly turning to the same women, especially minority women.
That’s because the 500 largest companies in the U.S. by revenue are drawing from existing board members rather than bringing in new directors, according to a study released Jan. 16 by Deloitte LLP and the Alliance for Board Diversity.
This “recycle rate” increased for minority women, who held an average of 1.35 Fortune 500 board seats in 2018, up from 1.33 seats in 2016, the study showed. White women also saw their recycle rate rise over ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.