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Racial diversity falling among new corporate directors: Conference Board
- The share of nonwhite directors newly appointed to the boards of Russell 3000 companies is shrinking.
- The proportion of new directors who are not white fell to 31% this year from 48% in 2022.
- The share of new directors who are Black declined to 12% from 26% during the same period.
- Boards with diversity are more effective for board oversight and decision making.
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