Fewer African-Americans in Fortune 500?

Fewer African-Americans are on boards of directors of Fortune 500 companies according to a new study that was commissioned by The Executive Leadership Council. The study finds that board seats held has declined since 2004.
In 2004, the percentage was 8.1%. in 2008, this study found that the number had dipped to 7.4%.
Dr. Ancella B. Livers, The Executive Leadership Council’s Institute for Leadership Development & Research’s executive director, believes that the current economic downturn should allow for companies to take another look at their board of directors.
Said Livers: “African Americans lost ground in the boardrooms of corporate America between 2004 and …read more