Spencer Stuart 2021 S&P 500 Board Diversity Snapshot Covering New Appointments from May 28, 2020 to May 13, 2021 Latinos still have the widest gap to close in boardroom representation according to the latest US corporate board diversity trends highlighted in the Spencer Stuart 2021 S&P 500 Board Diversity Snapshot:
>Hispanic/Latino/a directors make up 7% of new board appointments on S&P 500.
>The representation of Hispanic/Latino/a directors among new directors has vacillated between 3% and 5% since the 2008 start of data collection, not reaching above 6% before this year.
>The largest disparity in board representation is between Hispanic/Latino/a representation on S&P 500 boards - 5% of all directors with 18.5% representation in the U.S. population.
The Board Diversity Snapshot confirms LCDA's reporting of US Latino appointments to public company boards–leading in the right direction, yet, even at this rate, it will take decades for Latinos to reach equitable board representation.
View the full report: https://bit.ly/3zm76nD
Heidrick & Struggles Board Monitor Report 2021 Covering New Appointments from January 1, 2020 to December 31, 2020 >Of 425 new F500 director seats filled; new board appointments of Latinos dropped by 1% from the previous year.
>As seen in the graph below, Latinos are being left behind receiving 4% – the least amount of board appointments of any underrepresented group.
Once again, the data presented is no surprise to us - Latinos are being left behind. African Americans still hold the lion share of seats and Asians are gaining ground. Additionally, the data confirms Blacks have substantially led in board appointments. Read the full report: https://bit.ly/3f0jim7 Source: Heidrick & Struggles Board Monitor Report 2021
Pacific NW Public Tech and Biotech Companies' Board Composition as of July 2021 To get a sense of where Pacific Northwest companies are starting from, GeekWire researched the board composition of 30 publicly traded technology and biotech corporations in Washington.
The results suggest that efforts launched in recent years to increase gender diversity are starting to pay off: nearly 27% of the 251 board seats are held by women. But racial and ethnic diversity lags in many areas:
>Some 6% of directors are Black and only 1% are Hispanic or Latinx.
>Asian directors made a stronger showing, holding nearly 9% of seats; most are Indian.
Learn More: https://bit.ly/3xt2ATQ
Claim Your Seat: Women of Color on California’s Public Company Boards as of March 1, 2021 California is 32% females of color, but they hold only 6.6% of California's public company board seats. This is the year to close the gender and racial gap on public company boards.
>Get the full report: bit.ly/WomenOnBoardsReport Latino Leaders Magazine: (Left) Most Influential Latinas 2021 (Right) LCDA Member, Ralph de la Vega, details the work that must be done to include the leadership of Hispanic women at the board level.
>Read the latest issue: https://bit.ly/3xX6lRI
The Sacramento Bee: In a state where Latinos account for about 40% of the population, they make up just 2.3% of board appointments, according to an analysis of 678 public companies headquartered in California by the Latino Corporate Directors Association.
>Read More: https://bit.ly/3y8iEL5
New CEO Alert: Cristiano Ammo named CEO of Qualcomm - Qualcomm is ranked #124 on the Fortune 500 list.
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