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Harnessing Shareholder Power to Advance Opportunity

Keynote address at the Human Capital Management Summit in Detroit.

Given by Cyrus Mehri

March 14, 2016

Introduction

I am thrilled to be here among such an influential and dedicated group of shareholder investor leaders. Rightfully, you are gathering today to address what is one of the most important, yet least valued corporate assets: human capital.

Each of you has been entrusted with a critical and powerful charge: to help ensure that the publicly traded companies value, invest in and develop their human capital. Today, I will review the landscape in corporate America on diversity and inclusion and set forth three reforms that institutional investors can champion to harness shareholder power to advance diversity and equal opportunity:

  • Deployment of diverse slates for selection of members of boards of directors;
  • Creation of Human Capital Subcommittees on boards of directors; and
  • Annual report disclosures on the 200 highest paid employees by race, gender and ethnicity…

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