Corporate Boards Will Get More Diverse In 2021 With Social Justice Jolt, New Regs, Covid Impact

deadline.com:

A bold proposal by the Nasdaq stock exchange early this month may give U.S. corporate boards the biggest nudge yet to seat diverse directors increasingly seen as key to both good business and social justice as investors across industries focus more on melding the two.For decades, 57-year-old white men (on average), often without term limits presided over “male, pale and stale” boards.

That’s been changing. Boards have slowly opened to women. A social justice awakening last summer promises more opportunity for minorities.

And the global pandemic may have cracked the idea of boards wide open, forcing companies in entertainment and elsewhere to rethink businesses and seek directors with a diversity of age, thought and experience.