Boardroom DEI is lagging. Here’s what to know

Among Russell 3000 companies, the number of new Black directors fell to 12% in 2024 from 26% two years ago.

In the aftermath of George Floyd’s killing in 2020, investor Mellody Hobson recalls frequent calls from directors at Fortune 500 companies for references to diverse candidates for boards. Now, she says, it’s “very sporadic.”