Gender and ethnic diversity on Fortune 500 Boards continues to increase, according to The Missing Pieces Report: The 2016 Board Diversity Census of Women and Minorities on Fortune 500 Boards, a multi-year study published by the Alliance for Board Diversity in collaboration with Deloitte. The report reviews Board composition from 2012-2016.
Key findings include:
- The percent of Caucasian women holding Fortune 500 Board seats increased 21.2% since 2012.
- African American women board members increased by 18.4%; African American male board members increased 1 percent. The report points out that African Americans have the highest rate of directors serving on multiple boards.
- Increased diversity appears to be focused on the Fortune 100, where 65 percent of these boards have greater than 30% Board diversity. The following 400 companies have just under 50 percent diversty at that level.