Bonnie Gwin

Proven expertise and increased diversity were top priorities for Fortune 500 boards as they nominated new directors to help meet growing responsibilities and new challenges, and these boards will need more of both to succeed in 2020. In 2019, boards were facing a range of competing expectations for the new members they would add to meet their ever-growing remit.

It seems that almost every country, company, and board is focused on achieving greater governance diversity. It is core to thriving in today’s complex global businesses. Achieving it is in every company’s interest, considering the growing and indisputable body of evidence underscoring the advantages a diverse board and diverse leadership confer—whether in terms of shareholder value or, equally important, but harder to measure, in terms of reputation value.