A significant number of top U.S. companies have recently removed explicit diversity criteria from their board selection processes. Data indicates that 61 S&P 100 companies have dropped such provisions since 2023, reversing a trend towards greater representation. This shift appears to be influenced by a broader political climate and activist investor pressure, though some companies like Microsoft and Uber continue to maintain diversity considerations. AI
RANK_REASON The article details a widespread shift in corporate governance policy across major US companies, impacting diversity criteria for board appointments. [lever_c_demoted from significant: ic=1 ai=0.1]
- 50/50 Women on Boards
- Alphabet Inc.
- Amazon.com Inc.
- American Express Co.
- Apple Inc.
- Johnson & Johnson
- Microsoft Corp.
- National Legal and Policy Center
- Spencer Stuart
- Starbucks Corp.
- Trump administration
- Wells Fargo & Co.
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