[The Duke]

Vanguard is actually a bit bigger than Blackrock, and Fidelity is quite large as well. Blackrock may be a leader on forcing ESG and diversity but unfortunately its crept into every Board room in america at this point and I don’t see it stopping anytime soon.

I can tell you from good personal experience that the CEOs are not the bad guys here .. it's the rules coming down from the investment banks.

In general, the CEO's would be perfectly happy to focus on doing business and making profits.

At the end of the day, the CEO is just the working stiff at the top of the corporate pile.

[rb22982]

Oh, plenty of these public company CEOs love this stuff. The entire Harvard mentality has oozed everywhere the last 4 years. My current (new firm, industry) and last one (left in October) does in fact. Given my role (head of IR), I interact with C-suite just about every day and frequently our Board of Directors. Out of my last 7 CEOs, only one I know (cuban guy) hated that stuff.