- Coalition Members News
New York City comptroller wields new clout in boardroom diversity drive
BOSTON (Reuters) - New York City Comptroller Scott Stringer is wielding more clout as he presses more than 150 U.S. companies to detail plans to diversify their boardrooms.
Stringer oversees $181 billion in city pension fund assets. In a statement emailed by his staff to Reuters this week, he said he had gained leverage in the diversity campaign from a three-year-old push for companies to adopt so-called proxy access rules that give outside investors more power to nominate corporate board directors.
For years we have heard that men largely populate the boards of IPO companies. Wedecided to test that precept. 2020 Women on Boards looked at the gender composition of the boards of directors for the 25 largest IPOs[1] in
What do Amazon, Facebook, and Netflix have in common? Not a single person of color sits on their corporate boards.
