September 27, 2025
S&P 500 Board Shake-Up Stuns Media Under Trump
For the First Time Since 2017, White Males Become Majority of New S&P 500 Directors as DEI Programs Fade Under Trump Sometimes the numbers tell a story bigger than the headlines. For the first time since 2017, white males now make up the majority of new directors at S&P 500 companies. This surprising shift comes at a time when the media has been sounding alarms about the rollback of diversity, equity, and inclusion programs across America’s institutions. The timing is not a coincidence. President Trump’s January 2025 executive order dismantling federal DEI programs, which overturned Joe Biden’s 2021 Executive Order