Trump's Diversity Crackdown Reverberates in US Boardrooms
- During President Donald Trump's second term, appointments of women and racial minorities to S&P 500 corporate boards dropped to their lowest level in more than a decade, with just 40% of new independent directors being diverse.
- Trump-Led moves targeting DEI initiatives prompted the shift, as major institutional investors scaled back diversity efforts and court rulings caused many corporations to rethink their policies.
- Diversity appointments peaked at 72% in 2021 and 2022, representing a sharp decline from that record; the current 40% share marks the lowest level since 2014, when diverse candidates accounted for 39% of new appointments.
- IBM agreed in April to pay $17 million to resolve allegations it violated Trump's anti-DEI directives, while Goldman dropped its requirement that companies going public have at least two diverse board members.
- Despite the corporate pullback, Conservative-backed resolutions targeting diversity programs received an average of just 1.5% support during this year's proxy season, though some experts say "There's less currency for being a person of color than there once was.
23 Articles
23 Articles
The Billings Gazette
Trump's diversity crackdown reverberates in US boardrooms
Trump’s stance against diversity programs has coincided with a decline to decade-low levels in appointments of women and racial minorities to S&P 500 boards, potentially reversing recent progress in boardroom diversity efforts.
In the economic slump, German bosses prefer to rely on familiarity: male, white, slightly greyish. But what if recourse to what is customary becomes a danger to the location?
nd-aktuell.de
onetz.deThe management bodies of large German companies are largely male-owned. In the boards, the proportion of women is even decreasing again.
Zeit Online
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President Trump's diversity crackdown reverberates through U.S. boardrooms
WASHINGTON, D.C. (July 31, 2026) — As U.S. President Donald Trump intensifies his campaign against diversity programs, appointments of women and racial minorities to S&P 500 boards have dropped to their lowest level in more than a decade, threatening to unwind years of gains in corporate boardroom diversity. The shift is evident in new research by recruiting firms that study leadership diversity and Reuters interviews with more than a dozen boar…
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