Diversified Search: Missing Pieces: The 2018 Board Diversity Census of Women and Minorities on Fortune 500 Boards
ALLIANCE FOR BOARD DIVERSITY RELEASES NEW INSIGHTS FROM “MISSING PIECES” REPORT
The report, a biannual effort between the ABD and Deloitte, also recorded that the number of Fortune 500 companies with greater than 40 percent of board members who are women and/or minorities has nearly tripled since 2010. The new analysis comes at the same time that Goldman Sachs CEO David Solomon has announced the firm will no longer handle IPOs for companies that do not have at least one diverse member on their boards.
As reported when the Missing Pieces data was released on Jan. 16, 2019, Fortune 500 board representation of women and minorities saw an all-time high at 34% (1,929 board seats), compared to 30.8% in 2016 (1,677 board seats) — Total minority representation also increased to 16.1% (912 board seats) from 12.8% in 2010, the first year Fortune 500 data was captured.