The US Court of Appeals for the Fifth Circuit has recently vacated the order by the Securities and Exchange Commission that approved Nasdaq’s rules designed to disclose and improve board diversity.
Read MoreCorporate America has emphasized its commitment to DEI, yet Stanford Graduate School of Business Professor Emeritus David Larcker finds that many firms are “diversity washing” — misrepresenting diversity initiatives to gloss over actual diversity data.
Read MoreStanford Social Innovation Review just published a piece around inclusive board meetings to help diverse teams get better results.
Read MoreDLA Piper’s Beyond the Curve Podcast discusses the importance of diversity in a company’s overall ESG framework.
Read MoreThe Sidley Podcast recently covered the recent U.S. Supreme Court declaration that university admissions policies must be “color blind” under the Equal Protection Clause of the Constitution. How are employers managing their own DEI policies and programs now that businesses are experiencing high-profile lawsuits and challenges to corporate diversity initiatives?
Read MoreA recent bill signed into law in early October 2023 is designed to increase transparency in the state’s venture capital industry, and signals California’s continued attention to diversity matters.
Read MoreSVDX Chairman, F. Daniel Siciliano, was recently featured in the May/June 2023 issue of Latino Leaders magazine, spotlighting Latinos on Boards.
Read MoreStanford Graduate School of Business recently released an Insights article around how to diversity your company’s board.
Read MoreNew research from Stanford Graduate School of Business Professor David Larcker finds "significant discrepancies" between corporate public commitments to diversity and actual hiring practices.
Read MoreWilson Sonsini released an alert about Glass Lewis’ 2023 U.S. Policy Guidelines and its 2023 ESG Initiatives Policy Guidelines.
Read MoreAccording to a Bloomberg article, corporate boards are getting younger thanks to retiring boomers.
Read MoreA recent SVDX webinar on board diversity covered a number of issues around how companies have fared in the race to comply with recent mandates. This blog posts has links to the webinar recording (which will be available shortly) as well as other organizations and articles related to diversity on boards.
Read MoreHeidi Roizen encourages boards to consider adding “newbie” directors to their ranks to increase diversity.
I just had an exchange this morning that was sadly similar to too many exchanges I’ve had in the past.
Here’s how they tend to go.
The CEO and board members of a company are searching to fill an open seat. They reach out to me as a known connector and experienced board member, to see if I can add to their pipeline of candidates. Because I am a strong advocate of board diversity, I’m encouraged to hear they also want to prioritize diversity for this spot.
All good so far.
And then they say the thing that drives me crazy. When I ask for their top criteria for the search, they say,
“We’d prefer someone who has already been a director because we can’t afford the risk of on-the-job training for someone who’s never done this before.”
AAAARRRRRGH!!!!!!
Read MoreMerline Saintil writes a case study highlighting modern board leadership.
On a beautiful summer evening in 2018 at Meadowood Napa Valley, I was seated next to Laurie Yoler for dinner as part of Diligent’s Directors’ Experience — a phenomenal 1.5-day event centered on connecting board members from around the world. The event program tackles many different board governance issues, but at its heart is the ability to connect with a diverse group of other directors to discuss how we can each make our respective boards and the organizations we support as effective as possible. Under a star-lit Napa sky and with the help of some unforgettable Napa wines, I got to know Laurie, her husband Ben, and hear more about her path as a female executive in technology to a public company board member. Also at the event was Heidi Roizen, an accomplished venture partner and board member whom I first met in 2013 when we both led workshops at the UC Berkeley Haas School of Business to support their Women in Leadership conference for MBA students. Over the years, Heidi graciously took my phone calls on career advice, so it was a delight to reconnect with her again and learn that she also knew Laurie through their board roles for the autonomous vehicle company Zoox.
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