H.C.R. No. 35 Summary

• Urges all private and public companies and institutions doing business in Ohio to increase representation of African Americans on their boards of directors and in senior management positions

• Directs companies to set and publish goals to measure progress toward greater African American board and management representation

• Cites research showing board diversity leads to more diverse workforces, greater innovation, and better organizational performance

• Notes that 37% of S&P 500 companies had no black board members in 2019 and that white people held over 80% of Fortune 500 board seats as of 2018

• Requires the House Clerk to transmit copies of the resolution to the Governor of Ohio and Ohio news media