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J. Nathan Matias 馃Γ
J. Nathan Matias 馃Γ
@natematias@social.coop  路  activity timestamp 4 days ago

In an analysis of new S&P 500 directors by demographic, starting in 2021 the proportion of new S&P directors by demographic has returned to rates that include an even lower proportion of Black directors than before 2016, after temporary gains.

https://www.wsj.com/business/dei-rules-that-changed-corporate-boards-are-vanishing-cab9ec12?mod=djem10point

In an analysis of new S&P 500 directors by demographic, starting in 2021, the proportion of new S&P directors by demographic has returned to rates that include an even lower proportion of Black directors than before 2016, after temporary gains.
In an analysis of new S&P 500 directors by demographic, starting in 2021, the proportion of new S&P directors by demographic has returned to rates that include an even lower proportion of Black directors than before 2016, after temporary gains.
In an analysis of new S&P 500 directors by demographic, starting in 2021, the proportion of new S&P directors by demographic has returned to rates that include an even lower proportion of Black directors than before 2016, after temporary gains.
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J. Nathan Matias 馃Γ
J. Nathan Matias 馃Γ
@natematias@social.coop  路  activity timestamp 4 days ago

I'm sure organizations will blame legal threats, but the data show that across the S&P500 at least, this change just enshrines a trend to de-prioritize leaders of color that they adopted well before 2025

https://www.nytimes.com/2026/02/17/business/goldman-sachs-diversity-board.html

https://www.nytimes.com

Goldman Sachs to Drop D.E.I. Criteria for Board Members

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