Even with growing investor pressure to recast overwhelmingly white boards of directors, nearly two-thirds of the nation’s 3,000 largest publicly traded companies lack a Black board member, according to new data analyzed by BoardProspects.
The data, shared exclusively with USA TODAY, shows that 60% of the Russell 3000 index, which includes most publicly-traded companies on major U.S. stock exchanges, do not have a Black director including Amazon.com, GoDaddy, Jack in the Box, Molson Coors Brewing and Western Union.
Of the nearly 27,000 board members in the Russell 3000, only 5.4% – 1,467 – are Black, underscoring the slow progress in overcoming historical patterns of racial inequity at the top of corporate America.
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