green grid with the word crisis in red that is part of an ekg line (Photo: Shutterstock)

Corporations large and small expressed their outrage, dismay, and horror at the killing of George Floyd, and pledged to fund black organizations, charities, diversity training and more. But Twitter users soon cut to the heart of the matter: ‘Thanks for pledging but let’s see a photo of your board of directors.’

The point is backed up by statistics that reveal the truth most Americans already know: Corporations are largely run and directed by those who are “male and pale.” In a 2018 report, for example, the total number of board seats for Fortune 500 companies was 5,670 — but only 651 board seats were held by minority men and 261 board seats were held by minority women. The breakdown by race looked like this:

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?

C.J. Marwitz

C.J. Marwitz is a writer and editor.

More from this author



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.