Board diversification increasing, but more progress wanted
The Fierce CEO article, “Board diversification increasing, but more progress wanted," quoted Russell Reynolds Associates Consultant Tina Shah Paikeday about her thoughts on boards and diversity. The article is excerpted below.
Boards of directors are becoming more diverse, which is considered a positive for allowing different voices to be represented and to help lead U.S corporations. But despite advances, there is still progress to be made.
Indeed, “you have to make sure it’s not a token person of a different gender or race,” said Tina Shah Paikeday, a consultant at executive search firm Russell Reynolds Associates. “It also has to be a case of the majority having an open mind.”
Consumer robotic products maker iRobot, the offerings of which include robotic vacuums, prides itself on its board’s diversity. The eight-member board has three women, one Asian male and a South American Muslim male, all of whom participate, said Colin Angle, CEO of iRobot.
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