Board diversity can be improved if companies rethink their candidate criteria, former Xerox CEO Ursula Burns told CNBC on Tuesday.
in hiring, board composition and the economy writ large.
In 2020, 82.5% of board seats at Fortune 500 companies were held by people who are white, according toBurns has said she's working to make sure improving representation across corporate America sees sustained momentum. "The intensity has changed very significantly,"Structural challenges must be overcome in the process, Burns said Tuesday.
"What has happened in corporate America is that the playing field ... was defined by white men. The rules of the game were defined by white men. The referees are white men," she said. "These white men say, 'We have nobody who fits this game that I specifically designed for me except for people who look like me,'" she added. "Well, surprise, surprise."
Burns said if she is asked by someone in corporate America for recommendations of potential directors who are female, people of color or both, "I can give you a list of names if you want them.""I would say to them, 'You send me your spec, I'll fix it for you, help you fix it, and then I'll give you a load of names that you would not believe that would be phenomenal directors.
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