For 20 years, Cameron Smith has enticed Walmart’s suppliers to locate offices in the retailer’s backyard, building a lucrative career for himself and helping drive Northwest Arkansas’ economic boom.
A quick scan of boards for trucking companies based in Arkansas reveals, as one might expect, a heavy dose of white males. Changing that, executives said, is not just a matter of political correctness but also sound business.
Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance.