4 ms·
Just want to point out this isn't a new bill just passed, but multiple bills/initiatives, the first of which that started a few years ago and have been (and con
by Zandikar 5y ago
Just want to point out this isn't a new bill just passed, but multiple bills/initiatives, the first of which that started a few years ago and have been (and continue to) going into effect. Additionally, the number of boards that were subject to needing to make a change to comply were quite numerous it seems.
> While Black representation on boards has grown amid the nation’s reckoning on race, people who are not white or straight still hold only 18.4% of the board seats in the top 1,000 public companies nationwide, according to data released in August by executive data firm Equilar.
> There were at least 115 California public companies that did not have a single woman on their board in 2017. Now there are only five...
- medvezhenok 5y agoThis is a most interesting chart - the race ratios by generation. Boomers are predominantly white, whereas each successive generation is more diverse: https://www.pewresearch.org/fact-tank/2019/07/30/most-common-age-among-us-racial-ethnic-groups/ https://www.pewresearch.org/fact-tank/2019/07/30/most-common... So I wonder if that has some thing to do with it - once the later generations age into the "leadership" ages, boards should naturally become more diverse over time.