Global Conference 2023
Global Conference 2023

The Path to Board Diversity: Moving the Needle from Progress to Maintenance (Invite only)

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Board compositions are under increasing scrutiny worldwide when it comes to diverse representation. In the context of economic uncertainty and instability, executives are feeling pressure from shareholders to maintain high returns while simultaneously being advocates for social change. Recent years and global challenges have shown that more diverse boards and leadership are strong assets for both immediate and long-term performance, yet marginalized communities remain underrepresented in these roles today, with only 32% of S&P 500 board directors being women and only 22% total from underrepresented racial and ethnic groups, according to Spencer Stuart. Out Leadership found that only 19 Fortune 500 companies explicitly include LGBTQ+ people in their definition of board diversity, resulting in only 26 of those 5,670 board seats—less than 1%—being held by members of the LGBTQ+ community. What is the future of improved board representation for driving social and economic returns as we acknowledge these shortcomings?

    Welcome Remarks

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    Brian Carandang

    Associate Director, Center Advancement, Business and Program Development, Milken Institute

    Moderator

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    Richard Ditizio

    CEO, Milken Institute

    Speakers

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    Kourtney Gibson

    Chief Institutional Client Officer and Senior Executive Vice President, TIAA
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    Ken Hokugo

    Director, Head of Corporate Governance, Pension Fund Association
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    Fabrice Houdart

    Founder and Executive Director, Association of LGBTQ+ Corporate Directors
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    Bahiyah Robinson

    Founder and CEO, VC Include and Include Ventures
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    Geena Rocero

    Author, Producer, Director and Trans Rights Advocate
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    Mark A. Weinberger

    Director, Johnson & Johnson; MetLife; Saudi Aramco