Women Directors of Color
For the first time, the Minnesota Census examined directors’ seats held by women of color. Women of color — as classified and named by the U.S. Census Bureau — include women identified as Black, Hispanic, Asian, Native Hawaiian and other Pacific Islander, and American Indian or Alaskan Native.
Twelve of Minnesota’s 100 largest publicly held companies have women directors of color. Two of the 12 companies have two women of color serving on their boards. The 10 other companies each have one woman director of color.
- Women of color hold 1.7 percent of the available board seats in Minnesota’s 100 largest publicly held companies, which have revenues ranging from $17 million to $87 billion.
- Fourteen women of color hold board seats. This represents 12.1 percent of the total board seats held by women directors in Minnesota’s 100 largest publicly held companies.
- Of the 17 Minnesota Fortune® 500 companies, six companies have one or two women of color on the board; 11 companies have none.
For printable graphs, download the report (PDF).
Comparisons with National Data:
Women of color are scarce on corporate boards. Nationwide, women of color hold between 0.0 percent to 3.3 percent of the available board seats of companies in the 14 regional samples. Minnesota, with 1.7 percent women directors of color, is in the middle of the range. Of the new 72 directors added to Minnesota’s largest 100 publicly held companies during 2010, none were women of color.