US Corporate Board Diversity Growth Slows as New Directors Join

US corporate boards are more demographically diverse than ever before, though the rate of change in their makeup appears to be slowing based on gender and race trends for newly appointed directors, a joint study led by The Conference Board showed.

The proportion of new corporate directors who are women or people from non-White backgrounds has decreased in the past two years, despite sustained efforts to diversify boards, the study found.

“These trends may partly reflect a natural slowdown as board representation approaches alignment with working-age demographics following the post-2020 push to increase diversity,” the report said. “The data may ...