“The Committee is committed to actively seeking out highly qualified women and individuals from minority groups to include in the pool from which Board nominees are chosen.”
These changes were made after shareholders Trillium Asset Management LLC and the Sustainability Group raised concerns. Currently former Avon CEO Andrea Jung is the only women and minority person on the board.
“We live in an increasingly complex global marketplace, and the companies that can hire, attract and retain women and people of color are better equipped to capitalize on global opportunities and avoid missteps that may not be apparent to a more homogeneous group,” Larisa Ruoff of the Sustainability Group said.
Not surprisingly, Apple’s diversity problem are not unique to them. Twitter has had only one non-white board member and one woman. Facebook appointed its first of two women to the board in 2012 and has never appointed a ethnic minority.
Since Apple’s customers are of all races and genders, it important for everyone to be represented when big decisions are made. Hopefully this move will encourage other companies to do the same.