Push for Diversity Brings Rush of Business for Executive Headhunters

Pressure to speed up glacial progress on adding more women and minorities to corporate boards has brought a rush of new business for specialist headhunters.

After Nasdaq announced in December that companies listed on its exchange should have at least one woman and one member of an under-represented minority on their boards, companies have called in recruiting firms, often asking them to broaden their searches beyond the usual pool of former top executives.

Some businesses also want help with embedding diversity in board succession plans and advice on how to tackle conversations about ethnicity and sexual orientation at the highest corporate level.

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