Today's Date: June 19, 2024
The Rocky Mountain ADA Center to Exhibit During Denver and Thornton Colorado Pride Events in June 2024   •   Toshiba, Sojitz and CBMM Unveil an Ultra-Fast Charging Electric Bus Prototype Powered by Next-Generation Lithium-ion Batteries w   •   Black Rifle Coffee Company Earns Ranking on Circana’s 2023 List of New Products Pacesetters   •   Shelley Niro: 500 Year Itch - The first retrospective exhibition of the multi-media work of Mohawk artist Shelley Niro   •   Ragsdale Ranch: A New Community that Blends Local Aesthetics with Modern Home Architecture   •   Celebrating Juneteenth: Mike Jette’s Commitment to Justice and Equality   •   Cape Breton-Unama'ki Based Company Building Video Game Inspired by Mi'kmaw Legends   •   Retirement Home Services Market size is set to grow by USD 4.36 billion from 2024-2028, rising life expectancy to boost the mark   •   The Queen of Gay Street and Former Elite Daily Senior Writer to Sign Books at Lady Gaga's Family's Restaurant in Special Pride M   •   The Lighthouse Church and Ministries to Host Cry Out Conference: A Transformative Experience of Healing and Empowerment   •   ErthCycle in Talks for Global Expansion with Major Middle Eastern Poultry Processor   •   Ohio STEM Innovation Summit Draws Record Attendance, Celebrates Leaders in Education   •   Connie Chung Receives Asian Hall of Fame Centennial Medal   •   ATSG Recognizes Six Scholarship Recipients   •   Louisiana Supreme Court Upholds State’s Grace Period Law for Filing of Child Sex Abuse Lawsuits   •   New Sleepypod Crash Test Dummy Dogs Test the Efficacy of Car Safety Restraints   •   Cipher Neutron Achieves Breakthrough Efficiency with its AEM Electrolyser Stack   •   MULTI GRAMMY AWARD-WINNING ARTIST LIZZO KICKS OFF 5TH ANNUAL JUNETEENTH GIVEBACK FEATURING IMPACTFUL INITIATIVES AND INSPIRING C   •   Certiport Names 2024 Microsoft Office Specialist US National Champions   •   ARMENIAN WOMEN'S WELFARE ASSOCIATION (AWWA) EXPANDS ITS IMPACT WITH NEW LEADERSHIP
Bookmark and Share

Few Asians Hold Board Seats In Fortune 500


WASHINGTON  – Leadership Education for Asian Pacifics, Inc. (LEAP) unveils the findings of its newest leadership series report measuring Asian and Pacific Islander (API) inclusion on Fortune 500 boards. 
“A minuscule 2.08 percent of the total 5,520 board seats in the Fortune 500 are held by Asian and Pacific Islanders, said J.D. Hokoyama, LEAP’s President and CEO. “Even more disappointing is the fact that only 98 of these companies have API inclusion on their boards.”

Key Findings
In 2010, 96 Asian and Pacific Islanders held 115 board seats at 98 Fortune 500 companies. In contrast, APIs constitute 5.6% of the U.S. total population and its buying power is expected to grow 42 percent from $544 billion in 2010 to $775 billion in 2015, according to a 2010 report by the Selig Center for Economic Growth.
 There are 96 APIs holding 115 board seats at 98 Fortune 500 companies.
 The 115 board seats represent 2.08% of the total 5,520 board seats in the Fortune 500.
 Fifteen (15.62%) out of the 96 API directors are women.
 Ten API directors serve as chair, president and/or (co) chief executive officer of a Fortune 500 company.
 The ethnic breakdown of these API directors is as follows: Chinese (37), Asian Indian (34), Japanese (14), Pakistani (3), Vietnamese (3), Korean (2), Filipino (1), Singaporean (1) and Sri Lankan (1). 
 Fifteen API board members sit on more than one Fortune 500 board of which 4 directors sit on 3 Fortune 500 boards holding 12 seats: Victor J. Dzau, Rajat K. Gupta, Andrea Jung and Arun Sarin.
 Thirteen Fortune 500 companies have more than one API director on their boards: Goldman Sachs Group (2), Best Buy (2), PepsiCo (2), Safeway (2), Cisco Systems (2), Staples (2), Avon Products (2), Synnex (3), Yahoo (2), AECOM Technology (3), SunGard Data Systems (2), Mattel (2) and MasterCard (4).
 MasterCard has 4 APIs on its board of directors, more than any other company in the Fortune 500. 

About LEAP:
Leadership Education for Asian Pacifics, Inc. (LEAP) is a national organization founded in 1982 with a mission to achieve full participation and equality for Asian and Pacific Islanders (API) through leadership, empowerment and policy. With original programs in leadership training, public policy research and community education, LEAP raises the impact and visibility of APIs in all sectors. LEAP is headquartered in Los Angeles and has an office in Washington, DC. Under its leadership research initiative, LEAP is producing a series of research reports to evaluate and measure API representation at the highest leadership levels in corporations, foundations, nonprofits and higher education.

STORY TAGS: Asian News, Asian American News, Asian Pacific Islander News, Minority News, Civil Rights, Discrimination, Racism, Diversity, Racial Equality, Bias, Equality

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News