Thursday, 3 November 2016
The Parker Review yesterday published its report on the ethnic diversity of UK boards: see here (pdf). The report found that 8% of the 1,087 FTSE100 director positions were held by directors of colour, with seven companies accounting for over one third of these directors. Over half (53) of FTSE100 boards do not have any directors of colour. The report makes a number of recommendations including that all FTSE100 boards should have at least one director of colour by 2021. The same recommendation is made for FTSE250 boards but with a 2024 deadline.