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White men 'endangered species' in UK boardrooms - Tesco chairman Tesco chairman: White men 'endangered species' in UK boardrooms
(about 1 hour later)
White men are becoming an "endangered species" in top business jobs as companies take on more women and ethnic minorities, Tesco's chairman has said.White men are becoming an "endangered species" in top business jobs as companies take on more women and ethnic minorities, Tesco's chairman has said.
John Allan told a retail conference "the pendulum has swung very significantly" - even though white men still dominate in UK boardrooms.John Allan told a retail conference "the pendulum has swung very significantly" - even though white men still dominate in UK boardrooms.
He said it was an "extremely propitious period" to be "female and from an ethnic background and preferably both".He said it was an "extremely propitious period" to be "female and from an ethnic background and preferably both".
Mr Allan later said his comments were intended to be "humorous".Mr Allan later said his comments were intended to be "humorous".
In his speech, the day after International Women's Day, about the recruitment of prospective non-executive directors, Mr Allan said: "For a thousand years men have got most of these jobs, the pendulum has swung very significantly the other way now and will do for the foreseeable future I think.In his speech, the day after International Women's Day, about the recruitment of prospective non-executive directors, Mr Allan said: "For a thousand years men have got most of these jobs, the pendulum has swung very significantly the other way now and will do for the foreseeable future I think.
"If you are a white male - tough - you are an endangered species and you are going to have to work twice as hard.""If you are a white male - tough - you are an endangered species and you are going to have to work twice as hard."
Mr Allan sits alongside eight other white men and three white women on Tesco's board.Mr Allan sits alongside eight other white men and three white women on Tesco's board.
Speaking to the Guardian newspaper after the Retail Week Live conference in London, Mr Allan said: "The context was [that] I was talking to a bunch of aspiring non-executive directors, many of whom were women, and I wanted to give them some encouragement and, therefore, I used that rather colourful turn of speech. In a statement issued by Tesco to "clarify" his remarks to the Retail Week Live conference in London on Thursday, Mr Allan said: "The point I was seeking to make was that successful boards must be active in bringing together a diverse and representative set of people.
"It was intended to be humorous, a bit hyperbolic. Clearly, white men are not literally an endangered species but I was actually wanting to make the reverse point, which is that it is a great time for women and people of ethnic minorities who want to get on in business." "There is still much more to be done but now is a good time for women to put themselves forward for NED roles.
"In all the organisations I have been involved in I have been a committed advocate of greater diversity and very much regret if my remarks have given the opposite impression."
'A bit hyperbolic'
Earlier, speaking to the Guardian newspaper, Mr Allan said: "The context was [that] I was talking to a bunch of aspiring non-executive directors, many of whom were women, and I wanted to give them some encouragement and, therefore, I used that rather colourful turn of speech.
"It was intended to be humorous, a bit hyperbolic.
"Clearly, white men are not literally an endangered species but I was actually wanting to make the reverse point, which is that it is a great time for women and people of ethnic minorities who want to get on in business."
A non-executive director sits on the board of a company but is not part of the executive team involved in day-to-day management.
On Twitter, Labour's Yvette Cooper, who chairs the Home Affairs Select Committee, posted a link to the Financial Times story on Mr Allan's speech, writing: "Says the man who chairs a board of eleven, eight of whom are white men.....!!! No words".
But businesswoman Helena Morrissey, a campaigner for greater gender diversity in the boardroom, tweeted that media reports of Mr Allan's speech had put an "unfair spin on what he's trying to say - the job is obv not done but we're making progress".
Ms Morrissey's government-backed initiative, the 30% club, launched in 2010 with the goal of boosting female representation on FTSE 100 boards.
According to analysis by headhunters Egon Zehnder, women held 26.3% of board positions in the UK's largest companies in 2016 - but it said recruitment, at 29%, was at its lowest proportion since 2012.According to analysis by headhunters Egon Zehnder, women held 26.3% of board positions in the UK's largest companies in 2016 - but it said recruitment, at 29%, was at its lowest proportion since 2012.
Meanwhile, a government-backed report published in November said there was a disproportionately low level of diversity in the boardrooms of FTSE 100 companies. A report published in November said there was a disproportionately low level of diversity in the boardrooms of FTSE 100 companies.