Big news about company boards! State Street, a giant in managing money, changed its rules about who should be on company boards. They used to want more women and people of color. Now, they say companies should decide themselves.
- State Street used to have goals for more women and minorities on company boards.
- They've dropped those goals now.
- This is a big change, especially since they put up the "Fearless Girl" statue to support women in business.
| Old Goal | New Goal |
|---|---|
| At least 30% women on big company boards | No specific goal set |
| At least one minority director on S&P 500 boards | Company's own decision |
