Corporate > AG Deal Diary > Recommended Reading: Why Corporate Board Members Should Come Out of the Closet
22 Apr '16

This week, we highlight a recent Fortune article titled “Why Corporate Board Members Should Come Out of the Closet” by former BP CEO John Browne. The article explains how LGBT-friendly work environments can boost business growth. In his article, Mr. Browne discusses how not having LGBT representation on a company board can harm the organization and its employees. To address these issues, Mr. Browne suggests that board members should be encouraged, but not required, to disclose their sexuality and that regulators, such as the SEC and the Prudential Regulation Authority in the UK, should mandate that boards report results to the public.