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Over a Dozen Companies Pledge to Add At Least 1 Black Director to Their Boards

Over a dozen companies have just pledged to add at least one Black director to their boards within the next year, AP News reports. The move comes as an effort to ensure their leadership reflects the customers they serve. “America has been reminded again in tragic fashion that we must redouble our efforts to build a more inclusive society,” said co-founder of The Board Challenge and CEO of Altimeter Capital, Brad Gerstner in a statement. “Business leaders can’t let this moment pass us by without playing our part and taking this tangible step to build a more diverse boardroom.” Co-founders of The Board Challenge will check in with the respective companies after six months and again at the 12-month mark. They will also aid in helping them find candidates to fulfill their positions. While this is a huge step, there’s still a ways to go when it comes to getting people who aren’t white men into leadership positions. According to Black Enterprise, more than a third of the big companies...

Shanique Yates

Sep 15, 2020