Cross-sector of more than 40 public and private companies and organizations commit to improve Black representation in corporate boardrooms
NEW YORK — The Board Challenge today announced the launch of a pledge for U.S. corporate boards of directors to add a Black director within the next year. Founded by Altimeter Capital, Valence and theBoardlist, signed by 17 Founding Pledge Partners, and supported by 27 Charter Pledge Partners that already have at least one Black director, the initiative seeks to accelerate action to improve the diversity of corporate boards starting with the representation of Black leaders on the boards of U.S. companies. Every U.S. company is encouraged to take the pledge at theboardchallenge.org, and companies that have at least one Black director are asked to sign on to express their support and use their resources to drive change.
The Board Challenge launches with the support of companies and individuals representing a wide- array of industries and sectors including corporate, non-profit and training and education. These supporters include organizations such as the Executive Leadership Council, the NAACP and National Urban League who commit to supporting the mission and using their platforms to drive awareness and participation in the movement.