03 Dec. 2010 | Comments (0)
- Agenda, a Financial Times electronic newsletter, has published its first-ever directory of 100 director diversity candidates called The Diversity 100.
- The 2010 U.S. Directors’ Compensation and Board Practices Report published by The Conference Board Governance Center is measuring diversity and minority representation as a total of the total board makeup opposed to the 2008 report that only asked if a board had at least one member of a minority group (i.e. women, academics, non-U.S. professionals, African-Americans, and Hispanics). By the way, the report found about 15 percent of board members in financial services are women.
- A survey of proxy statements of the Dow 30 disclosures on board diversity and director qualifications by Davis, Polk & Wardwell LLP that was published in the Director Notes report Board Diversity and Director Qualifications in August showed that 56 percent of those companies included gender in their definition of diversity while 41 percent included race.
- Could not be on more than two boards currently.
- Had to be up-and-coming, not high profile.
- Could live in or outside the U.S.
- Were to come from various professions, not just from business.