Case Study: Should We Drop Our Board Diversity Goals?

Case Study: Should We Drop Our Board Diversity Goals?

When Helena Morrison joined the board of Equinox Markets, an Atlanta-based supermarket chain, all of her new colleagues were white men. After she ascended to chair, the directors all agreed to hire a recruiting firm to diversify their group, asking that only female and non-white candidates be brought to their attention. Three years later 40% of directors come from underrepresented demographics, but now an activist shareholder has accused the boa…