According to Goodwin Procter, 78% of Nasdaq-listed companies included the Nasdaq-prescribed board diversity matrix in their proxy statements as of April 7. Pursuant to the rule and associated “cheat sheet,” companies are required to use the prescribed or a substantially similar matrix to disclose their board diversity data in their proxy or information statement or on their website by the later of August 8 or the date the company files its proxy.
See our reports: Nasdaq Board Diversity Rule Compliance and SEC Approves Nasdaq Board Diversity Listing Rules and additional resources on our Board Diversity page. This post first appeared in the weekly Society Alert!