![]() "The tech industry is long overdue for change. "It's in the best interest of every company for that to happen," he added. Making room for a Black director at Reddit is in the best interest of the company, Ohanian said. Still, almost all (94%) respondents to a 2018 Deloitte survey said their boards are looking to increase diversity in some way. ![]() However, interest in racial or ethnic diversity slightly increased from 34% in 2018 to 38% in 2019. PwC's 2019 Annual Corporate Directors Survey found that interest in gender diversity declined from 46% in 2018 to 38% in 2019. From the facerepo, once you have installed the facer or watchmaker apps, you can scan the qr code (with a barcode reader) with the phone and associate the. New board members often are added through recommendations, and that can hamper diversity efforts, according to What Directors Think : Public Company Directors Reflect on the Top Issues in the Boardroom, a February report. He said he decided to "make way for a black candidate" because "we need diversity at the highest levels of business now more than ever." But as companies face criticism about the lack of diversity on their boards, many lack a formal process for grooming members, according to research. But leaving the board of directors "was not an easy decision at all," he said June 6 on Williams' Instagram Live series " Serena Saturday. Ohanian stepped down from his daily duties at Reddit in 2018, according to The Wall Street Journal. The goal was "to help people find community and a sense of belonging," he said. Ohanian and his college friend, Steve Huffman, co-founder and current CEO, launched Reddit, an online community platform, in 2005. "I'm doing this for me, for my family and for my country." "I'm writing this as a father who needs to be able to answer his black daughter when she asks, ‘What did you do?'" Ohanian said in his note. In making his decision to step down, he kept the couple's daughter, Alexis Olympia Ohanian Jr., born in 2017, in mind, he said. Ohanian is married to tennis star and entrepreneur Serena Williams. ![]() "And I'm starting with a pledge of $1M to Colin Kaepernick's Know Your Rights Camp." Ohanion said he will use future gains on Reddit stock "to serve the black community, chiefly to curb racial hate," he said. Seibel is partner at Y Combinator and CEO of the YC startup accelerator program, which first helped launch Reddit in 2005, according to the organization. Reddit named Michael Seibel to the board June 10. As the country focuses on racial and social injustice in the wake of the protests following the killing of George Floyd, Alexis Ohanian Sr., co-founder and former CEO of Reddit, announced June 5 that he resigned from Reddit's board and urged the directors "to fill my seat with a black candidate."
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