May 19, 2024

Who said that?

Florida's quote of the day

| 2/15/2021

"This has been a rip-roaring success. We are trying to change the world two people at a time."

-- Paresh Patel

Alexis Ohanian made some waves last June when he resigned from the board of the company he founded in 2005, online news aggregator and online community Reddit, with one request: he wanted to be replaced by a Black director.

The resignation, Ohanian wrote in social media posts, was a direct response to the diversity groundswell that came out of death of George Floyd while in police custody. A week later Y Combinator CEO Michael Seibel, a Black tech entrepreneur, replaced Ohanian on Reddit’s board.

While that’s somewhat of an outlier, a $242 million Tampa insurance company has been addressing the global (lack of) board diversity issue in a much more proactive, measured and sustainable way for three years. That company, HCI Group, does that through its Board Observer Program. The initiative, designed to expand diversity and perspectives in corporate boardrooms — beyond just HCI — trains selected professionals on topics like public company board operations, governance and law.

Read more at the Business Observer

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Reporter Jennifer Titus sits down with FloridaCommerce Secretary Alex Kelly and Office of Long-Term Resiliency Director Justin Domer.

 

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