Corporate Leadership
White Men in the Minority as US Boardrooms Enter New Era
For the first time, women and non-White men hold just over half of the boardroom seats at S&P 500 companies, according to ISS-Corporate.
About 57% of company boards have a minority of White men, according to ISS-Corporate.
Illustration: 731; ismagilov/Getty Images
White men no longer make up the majority of board seats at the largest US companies, a historic shift reflecting decades of pressure to diversify the upper ranks of corporate leadership.
For the first time, women and non-White men hold just over half, or 50.2%, of the more than 5,500 board seats at S&P 500 companies, according to data compiled for Bloomberg by ISS-Corporate. That compares with five years ago when White men accounted for almost 60% of the directorships.