“People don’t know that these policies exist, and it’s not just Salesforce that has this policy,” she said. “It’s not uncommon to restrict board service to senior management. Goldman Sachs has said it won’t take a company public unless its board has at least two directors who aren’t straight, white men. Many companies, especially technology firms, restrict corporate board membership, in part because they worry it could divert employees’ attention from their core responsibilities. (Companies tend to impose fewer restrictions on joining charity boards.)
Source: New York Times February 16, 2021 11:35 UTC