A new study reports that boardroom representation on U.S. S&P 500 companies changes during Donald Trump’s second term, with appointments of women and racial minorities declining. According to the outlets, the share of women and racial minority directors added to S&P 500 boards falls to the lowest levels recorded in more than a decade. The reporting links the shift to Trump’s rollback of diversity, equity and inclusion (DEI) policies and describes the development as “reverberating” across corporate governance.
The study’s findings focus on who is appointed to the boards of major public companies, rather than on existing directors already serving. Both sources cite the same overall trend: fewer new board seats go to women and to racial minorities compared with earlier periods. The coverage frames the change as a measurable outcome reflected in corporate appointments, occurring alongside the administration’s policy moves affecting DEI priorities.
