Newmont Changes Show Complexity of Adding Boardroom Diversity
- Female directors hold one fewer seat on S&P 500 boards
- Newmont shifts balance by adding two diverse male directors
Newmont is headquartered in Denver.
Photographer: Raymond Boyd/Michael Ochs ArchivesThis article is for subscribers only.
Newmont Corp.’s decision to replace a pair of retiring female directors with men from Africa and Mexico has resulted in the first net gain in almost a year for men on the boards of S&P 500 companies.
While the shift may be temporary, the board changes at Newmont demonstrate the complexity of addressing sometimes competing diversity needs in corporate America.