Goldman Sachs May Eliminate Diversity Considerations in Board Selection Process

Investment banking giant Goldman Sachs is reportedly moving to eliminate diversity considerations from its board member selection process, according to a Monday report from The Wall Street Journal.

Sources familiar with the situation told the publication that the financial services company intends to stop considering race, gender identity, sexual orientation, and similar diversity elements when its board evaluates prospective candidates.

Reuters has not been able to independently confirm the Wall Street Journal’s reporting at this time.