Research released today by diversity and inclusion organisation, Involves, has found that of the major indices of the UK, US and Canada, only 5% of the CEOs are from an ethnic minority background1. The analysis also highlighted how the indices in none of the countries have any women CEOs who are an ethnic minority.
The UK and US both have five CEOs in the FTSE 100 and S&P 100 respectively who are ethnic minorities. In comparison, Canada only has two CEOs listed on the S&P/TSX 60; John S Chen, CEO of Blackberry, and Bharat Bhagwanji Masrani, CEO of Toronto-Dominion Bank.
Of the five CEOs in the US who are an ethnic minority, none of them are from an African American or Latin American background. Indeed, in the UK, only one CEO of a FTSE 100 company is Black, Arnold Wayne Donald, CEO of Carnival PLC; whilst Iván Dagoberto Arriagada Herrera, CEO of Antofagasta, is Latin American.