Women Hit a Record Share of S&P 500 Board Seats in 2021

The video discusses the state of board diversity in the S&P 500, highlighting that women hold just under 31% of board seats, which is an improvement but still lags behind Europe and Australia. The conversation explores the importance of diversity beyond regulatory compliance, emphasizing its role in fostering diverse thinking and addressing complex challenges. The Federal Reserve's efforts to diversify its board are noted, alongside the impact of the Business Roundtable's redefinition of constituents and the NASDAQ rule. The video concludes by stressing the need for intentional recruitment of diverse talent, focusing on skills and expertise rather than traditional roles.

What percentage of board seats in the S&P 500 are held by women?

• 40%

• 35%

• 31%

• 25%

Which group has made significant inroads in board representation according to the discussion?

• People of color

• Hispanic women

• Asian men

• White women

What is the current representation percentage of underrepresented communities on boards?

• 10%

• 20%

• 15%

• 17%

Who was recently added to the Federal Open Monetary Committee to enhance diversity?

• Lisa Cook

• Philip Jefferson

• Sarah Bloom Raskin

• Ursula Burns

What is a common misconception about the talent pipeline for board positions?

• Diversity is not important

• Boards should only focus on financial expertise

• Only CEOs can be board members

• There is a lack of diverse talent

What is emphasized as crucial for board selection in the final section?

• Traditional leadership roles

• Shareholder primacy

• Intentionality and specific expertise

• Regulatory compliance

Which company is mentioned as an example of successful board diversification?

• Meridian Link

• Russell 3000

• Charter Communications

• Federal Reserve