Some of America’s most prominent companies are addressing the problem by backing the Black Boardroom Initiative, a new program unveiled Wednesday with a goal of increasing the ratio of Black executives sitting on S&P 500 corporate boards to one in eight by 2028.
Amazon (AMZN), Microsoft (MSFT), Starbucks (SBUX) and Zillow (Z) are among the major brands sponsoring the initiative, which has been spearheaded by the law firm Perkins Coie with support from Deloitte, a multinational professional services network.
The Black Boardroom Initiative is also working to identify candidates to participate…
