Corporate board diversity census showed Black men lost ground

An overwhelming 82.5 percent of directors among Fortune 500 company boards are white, according to the latest Board Diversity Census.

Many United States companies have rushed to appoint Black members to their boards of directors since racial justice protests swept the country last year. But in the two preceding years, progress on increasing racial diversity on boards stagnated, a new study revealed on Tuesday. Black men even lost ground. The Board Diversity Census, conducted by the Alliance for Board Diversity and the consulting firm Deloitte, points to the steep deficit companies face when it comes to fulfilling pledges to diversity in their ranks. An overwhelming 82.5 percent of directors among Fortune 500 company boards are white, according to the census.