Key Takeaways
- For the first time, minority directors occupy more than 20% of board seats among Russell 3000 companies
- Black/African Americans saw the highest increase in directorships, a rise of more
There has been a lot of talk about how to increase racial and ethnic diversity on U.S. corporate boards as well as many initiatives to help nominating committees identify candidates from under-represented groups. To assess the current situation, ISS Corporate Solutions took a look at the diversity trend in the Russell 3000 over five years, with a special focus on Black/African American directors in recognition of Black History Month.