Congress to Consider Requiring Disclosure of Board and Executive Officer Diversity Data
Publication Date: February 07, 2019

Congressman Gregory Meeks, Chair of the Consumer Protection and Financial Institutions Subcommittee of the U.S. House Committee on Financial Services, has introduced the Improving Corporate Governance Through Diversity Act of 2019, which would require public companies to annually disclose the gender, race, ethnicity and veteran status of their board members, board nominees and senior executive officers. The bill also would require public companies to disclose whether their board or a board committee has adopted a policy to promote diversity. A companion bill was also introduced in the Senate by Senator Bob Menendez, who sits on the Senate’s Banking Committee.

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