Number of Racial Minority Directors on Boards

Number of Racial Minority Directors on Boards

Proof Point

70% of corporate governance professionals surveyed by Deloitte said they have at least one racial minority member on their boards

Number of Racial Minority Directors on Boards

2016 (percentage of respondents)

Note: Data based on Deloitte’s 2016 Board Practices Report on 189 public company members of Society for Corporate Governance, comprising of corporate secretaries and governance professionals. Categorization based on market cap by December 31, 2015 (small = < $700 million, mid = between $700 million and $10 billion, large = > $10 billion)

Proof Point Findings

  • At Least One Member – 70% of companies represented in Deloitte survey have at least one racial minority director on their boards
  • More Diverse Large Companies – Large cap companies have more diverse boards with 84% having at least one racial minority director, while small cap companies tend to have fewer or none
  • Key Growth Drivers – Include public pressure to diversify workplace, increasing competencies of women and minorities, and potential implementation of policies, such as board quotas and director term limits

Market Disruption

Sector

Cross-sector

Source

Date Last Updated

July 17, 2017

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