While many are noting the success of SB87, which led to the inclusion of more women on corporate boards, there is a lot of room for improvement in diversifying California’s boards. A scorecard released last month by Latino Voices for Boardroom Equity reveals that many California boards still lack ethnic diversity. For Latinos, the statistics are particularly shocking: while they make up close to 40% of California’s population, Latinos hold less than 3% of these board seats. And, 84.6% of California public company boards lack a Latino director.
Esther Aguilera of the Latino Corporate Directors Association joins Capitol Weekly’s John Howard and Tim Foster to talk about why this matters and what her group is doing to help diversify the state’s business leadership.