By the Numbers: Boardroom diversity on the rise

Nearly three-quarters of new independent directors of corporate boardrooms are women or people of color, a study finds.
1:13 | 06/17/21

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Transcript for By the Numbers: Boardroom diversity on the rise
We turn out to corporate America and a new study out today fighting that company boardrooms have become somewhat more diverse over the past year. A period marked by the death of George Floyd and what many called the ritual reckoning that followed. Here's a look by the numbers. Of the 456. New independent directors added to the boardrooms of S&P 500 companies this past year. Nearly three quarters 72%. Were either women or people of color according to an analysis by Spencer Stuart executive recruiting and leadership consulting firm broken down further a record 47%. Of new independent directors. We're black Asian or Latin acts. Compared to 22%. The year before and only 14%. A decade ago the study found. Collectively the country's largest companies have. Triple the number of new directors were black and doubled the number of poor Latin acts on the other hand however new Asian representation in board rooms fell slightly over the past year declining from 8% to 7%. And you female directors also dropped a bit from 47%. To 43%. The study authors noted that while there is a move toward more diversity America's corporate board rooms are still largely white and male.

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