More Fortune 500 Boards Adding Asian-American
Directors
(New York, NY-May 15, 2007)
-- The Committee of 100, a national organization
of
Chinese American
leaders, issued its “2007 Corporate
Board Report Card - A Report on Directors of
Asian Ethnicity
on Fortune 500 Boards” highlighting
a modest increase of Asian and Asian Pacific
Americans
(APAs) on the boards of Fortune 500 companies.
The Report Card shows that:
--Asian and APAs currently hold 1.5% of corporate
board seats among Fortune 500 companies, a modest
increase from 1.2% in 2005.
--81 Fortune 500 board seats were held in 2006
by 69 Asian/APA directors, an increase from 56
in 2005.
--The percentage of Fortune 500 companies with
at least one Asian or APA director increased
to 15% in 2006 from 11% in 2005.
“Good news: we’re seeing a 50% increase
since we started keeping track in 2004,” said Wilson
Chu, Chair of The Committee of 100’s
Corporate Board Initiative, “Even better
news: there’s plenty of room for more.” “It
just makes good business sense.” Chu added. “Whether
it’s about global competitiveness, especially
the search for a ‘China Strategy’ or ‘India
Strategy,’ or the increasingly affluent
Asia-American market, Corporate America is progressively
taking note of the strategic value of having
highly-qualified APAs/Asians in the boardroom.
Our Initiative’s job is to increase awareness
of this trend and to highlight forward-thinking
companies and their CEOs who ‘get it’.”
“This Report Card continues to make a
compelling case for Corporate America to diversify
its boards with more Asian Pacific Americans,” said
Gen. John L. Fugh, Chairman of the Committee
of 100. “As with all considerations of
gender, race and ethnicity, we advocate the inclusion
of 100 percent of the talent pool here in America,
and APAs are very much a part of that.”
This year’s Report Card was prepared
in association with the Asian-American Business
Association of the Harvard Business School.
It is the third annual Corporate Board
Report Card issued by the Committee of 100 since 2004.
About The Committee of 100
Founded in 1989, the Committee of 100 is an independent,
non-partisan, non-profit membership organization
composed of Chinese American leaders in a broad
range of professions. With their knowledge
and experience, they have committed themselves
to a dual mission: (1) encouraging stronger
relations between the U.S. and Greater China;
and (2) encouraging the full participation
of Chinese and other Asian-Americans in all
aspects of American life.
Download
2007 C-100's Corporate
Board Report Card in PDF file 
|
Download
2005 Update on C-100's Corporate
Board Report Card in PDF file
|
Download
2004 C-100's Corporate Board Report
Card
in PDF file |
News Articles :
Diversity fails to end boardroom 'groupthink'
Financial Times
May 27, 2009
Chiang Urges CalPERS and CalSTRS to Address Diversity on Corporate Boards
John
Chiang, member of C-100
February 12, 2008
Fallout Central: Interview with Wilson Chu (click to listen to the podcast)
To listen to
the full podcast at Fallout Central, click here
July 20, 2007
Asian
directions, few Asian directors
Quoted Wilson Chu, Director
of C-100
The Dallas Morning News
May 16, 2007
World Journal
May 16, 2007
China Press USA
May 16, 2007
So You Wanna Be a Director
Quoted Carolyn Chin, Director of C-100
Business Week
July 17, 2006
Board Diversity
Increases Slowly
ISS’ 2006 Board Practices/Board Pay study
July 2006
Fighting the Glass Ceiling
Chief Executive Magazine
January/February 2006
Globalizing
the Boardroom
The Wall Street Journal
Oct. 31, 2005
The Big Chill In the Boardroom
The New York Times
May 22, 2005
Firms 'Recycle' Minority Directors,
Study Says
From Reuters
May 12, 2005
White males overwhelming on corporate
boards-study
From Reuters
Quoted Carolyn Chin, Director of C-100
May 11, 2005
US Week, Sing Tao Daily
Apr. 23, 2005
Boards seat few Asian-Pacific
Americans
USA TODAY
April 15, 2004
Click the links below to
view
the contents of USA TODAY's article
download the article in PDF file
San
Francisco Chronicle at SFGate.com (April 03, 2004)
Mercury News at SiliconValley.com (April 01, 2004)
AsianWeek
(April 01, 2004)
International
Daily News, April 3, 2004
World
Journal, April 2, 2004
SingTao Global Link, April 2,
2004
For more information, contact:
Ms. Ping An
Committee of 100
Tel: 212-371-6565
Email: ping_an@committee100.org