NASDAQ’s (ticker: NDAQ), Board diversity proposal is one that puts gender and race ahead of meritocracy. Why should someone’s gender or race matter regarding Board selection? Also, why should Board member race and gender be tracked and reported? Where does a prospective Board member’s career experience fit into this equation? A Board member candidate’s reputation within the industry and industry experience? We have become a country focused on that which is irrelevant at the expense of that which is important. As for the investors who base investment decisions on this nonsense, I certainly would not allow them to manage my money. Read more about NASDAQ’s social engineering effort HERE.
