U.S. Chamber of Commerce Statement on NASDAQ Corporate Board Diversity Proposal

Tuesday, December 1, 2020 - 1:45pm

WASHINGTON, D.C. - Tom Quaadman, executive vice president, Center for Capital Markets Competitiveness, U.S. Chamber of Commerce issued the following statement after NASDAQ released a proposed board diversity rule for listed companies:

“We appreciate the leadership of NASDAQ in developing a business led solution to resolving diversity issues on corporate boards. This proposal will help accelerate the developments that are already underway and is a positive and balanced way to get to the end result of allowing boards to be more representative of a business’s consumer and employee base.”