1. United States: What Directors Need To Know In 2018 About Board Diversity

    United States: What Directors Need To Know In 2018 About Board Diversity

    Investors Are Challenging Companies On Board Diversity In 2017, investors challenged many public company boards 1 to improve their gender, racial, and ethnic diversity. 2 Institutional investors, such as CalPERS 3 and NYC Pension Funds, 4 as well as large mutual fund companies, such as State Street Global Advisers and BlackRock, Inc., 5 have made their message very clear to existing boards: make reasonable commitments and progress toward adding women and minorities to your board, or be prepared to be challenged for re- election. One investor explained to me that gender diversity was the initial ...

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