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Boardroom diversity

OpenAI has responded to Congresswoman Barbara Lee and the Congressional Black Caucus (CBC) after they flagged the lack of diversity on its board. The CBC’s Letter In mid-December, CBC Chairs Rep. Emanuel Cleaver and Lee sent a letter to OpenAI to diversify its board after the ouster and return of CEO Sam Altman. Altman’s return led to the departure of the board’s only two women, Helen Toner and Tasha McCauley. Thus, the tech company had only white male members on its board. In the letter, the pair outlined A’s increasing advancement, which creates

According to reports, Black and brown people are taking up space in 1 out of 5 corporate boards for the first time.  As companies push to get more diversity from top to bottom, corporate boards see more diversity, with racial and ethnic minorities holding 20% of all board seats. In an ISS Corporate Solutions Inc. study, Black directors now hold 8.3% of all board seats, a significant jump from just 4.4% four years ago. In addition, the number of board seats held by white directors fell by 9%, with white people now