S&P 500 appoints nearly 200% more black board directors in past year

A year on from the racial justice protests sparked by the murder of George Floyd, companies in the US have responded by boosting the appointment of black directors to S&P 500 boards. Research from ISS, the global proxy advisers, says that between 1 July 2020 and 19 May 19 this year almost a third—32%—of all freshly appointed directors were black. Just over half, 54%, were white. In the previous year, ISS says, the comparable figures were 11% and 74%. The percentages represent 52 black directors for the year to May 2020, and 148 in the most recent year. Amounting to a 200% rise inside a year, the numbers speak of a significant co

S&P 500 appoints nearly 200% more black board directors in past year

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