Goldman Sachs is removing race, gender identity, sexual orientation, and other demographic factors from the criteria its board uses to select directors, according to the Wall Street Journal. The shift marks another milestone in Wall Street’s swift abandonment of diversity mandates—and signals a broader reckoning across corporate America.
The decision follows pressure from the National Legal and Policy Center, a conservative activist group that owns a small stake in the bank. Goldman informed the group it would eliminate the DEI criteria, and the two parties signed an agreement under which the activist organization withdrew its formal…
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