Boards face new scrutiny on diversity, equity, and inclusion programs

Boards and General Management

Audit Committee Networks, January 2024

On November 9–10, 2023, members of the Audit Committee Leadership Network met in Washington, DC, for a discussion that included the impact of the Supreme Court’s affirmative-action ruling on corporate diversity, equity and inclusion (DEI) initiatives. On December 8, 2023, members of the East Audit Committee Network met in New York, with a similar topic on the agenda.

For the Washington meeting, members were joined by Jeffrey Wall, partner at Sullivan & Cromwell LLP and former acting solicitor general of the United States; for the New York meeting, members were joined by Marc Treviño, co-head of Sullivan & Cromwell’s corporate governance practice.