Little progress has been made in increasing the ranks of minorities in the top leadership positions at Chicago's biggest companies, according to a biennial report from Chicago United. If strategic changes aren't made, it could take another 89 years before minorities achieve parity, the report said.
"Such slow progress would be unacceptable in any other area of business," said Chicago United President Gloria Castillo. "Diversity and inclusion, key business imperatives . . . should be no different."
The report found minorities held 13 percent of board positions in 2007 at 21 large Chicago area companies, unchanged from 2005. Among chairmen and chief executive officers, minorities held 14 percent of those positions last year, down from 15 percent.