Board Diversity Matrix as of April 18, 2022
In August 2021, the SEC approved a Nasdaq Stock Market proposal to adopt new listing rules relating to board diversity and disclosure. As approved by the SEC, the new Nasdaq listing rules require all Nasdaq listed companies to disclose consistent, transparent diversity statistics regarding their boards of directors. The rules also require most Nasdaq listed companies to have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an under-represented minority or LGBTQ+. In this regard, Ms. Buimi, Ms. Jones Blackhurst and Ms. Morgan are female and Ms. Morgan is African American and Asian American. Accordingly, the Company is in compliance with Nasdaq’s diversity requirement. The Board Diversity Matrix below presents the Board’s diversity statistics in the format prescribed by the Nasdaq rules.
Total Number of Directors (10)
|
Female |
Male |
|
|
Directors |
3 |
7 |
|
Demographic Information: |
||
|
African American or Black |
||
|
Alaskan Native or Native American |
||
|
Asian |
||
|
Hispanic or Latinx |
||
|
White |
2 |
7 |
|
Two or more races or Ethnicities* |
1 |
|
|
LGBTQ+ |
||
|
Did not Disclose Demographic Background |
* Ms. Morgan identifies as both African American and Asian.