Magazine article Black Issues in Higher Education

Report Shows Three Times More Black Men on Corporate Boards Than Women

Magazine article Black Issues in Higher Education

Report Shows Three Times More Black Men on Corporate Boards Than Women

Article excerpt

WASHINGTON

The Executive Leadership Council recently released its inaugural report of African Americans on the boards of U.S. Fortune 500 corporations.

The report focuses on information about the number of Fortune 500 corporate board seats occupied by African Americans, and the individuals who occupy those seats. The Council will use the report to examine trends and make recommendations regarding the representation of African Americans on corporate boards. The "2004 Census of African Americans on Boards of Directors of Fortune 500 Companies" represents information obtained as of Jan. 7, 2005.

Key findings include:

* 255 African Americans hold Fortune 500 corporate board seats.

* There are 201 Black men serving on corporate boards and 54 Black women.

* Of the 255 African Americans serving on the corporate boards, 60 serve on two boards; 45 serve on three or more boards.

* The highest number of board seats held by a single African-American board member is eight. Four African Americans hold seven board seats. …

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