Black Directors Gained Ground in the Boardroom as Others Slipped

New Black directors were near triple the 2019 share, Heidrick & Struggles found

Photographer: Klaus Vedfelt/Digital Vision
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Black appointees made progress in gaining corporate boardroom seats last year, though it possibly came at the expense of other groups as representation among women and Latinos among new directors fell.

The percentage of new Black directors in the Fortune 500 almost tripled to about 28%, as the share for Latino directors slipped and women gained fewer seats, according to a report by executive recruiter Heidrick & Struggles. White directors had the lowest percentage of new seats added in the dozen years the analysis has been conducted.