Final answer:
GE's board is fairly diverse compared to other Fortune 500 companies, with a higher percentage of female board members and representation of individuals from underrepresented racial groups.
Step-by-step explanation:
The diversity of GE's board can be demonstrated by looking at the representation of different genders and races on the board compared to other Fortune 500 companies. For example, GE has a higher percentage of female board members compared to the average Fortune 500 company. In addition, GE has made efforts to increase racial diversity on its board, with a higher percentage of board members from underrepresented racial groups compared to other companies.
One fact that demonstrates the diversity of GE's board is that it has a higher percentage of women on its board compared to the average Fortune 500 company. This can be seen in a study conducted by Spencer Stuart, which found that only 8% of large companies had female CEOs in 2021, while GE had a higher representation of women in its leadership.
Another fact that shows the diversity of GE's board is the representation of individuals from underrepresented racial groups. According to a study conducted by Rupa Banerjee, Jeffrey G. Reitz, and Philip Oreopoulos, large employers tend to treat racial minorities more fairly, and GE has been proactive in diversifying its board by including members from different racial backgrounds.