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According to Equilar, a clearinghouse for corporate leadership data, 29.6% of companies on the S&P 500 do not have at least one Black board member. Today, there are five Black CEOs in the Fortune 500. When Ken Frazier retires from Merck next month, there will be four. And addressing the long-standing lack of diversity in their own ranks continues to be a challenge for many of America’s top companies, though it is one they are trying to address.
D&I data for US corporations/Fortune 500.