S&P 500 board diversity appointments drop to lowest since 2014

RegulationIndustry
โดย Reuters·Read original
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New appointments of women and racial minorities to S&P 500 boards have fallen to 40% of incoming independent directors, the lowest level since 2014, according to data from executive search firm Spencer Stuart. The figure, covering the year ended April 30, marks a steady decline from a peak of 72% in 2021 and 2022, even as overall board diversity remains near a record 49.3%. Recruiters and analysts attribute the shift to changing legal and political pressures under President Donald Trump, a retreat by major investors from diversity advocacy, and a growing preference for current and former CEOs, who are less diverse. The proportion of S&P 500 companies disclosing diversity criteria in board decisions has dropped to 12% from 48% in 2024, according to HR analytics firm PeopleReturn.

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