This is largely a PR stunt.
Diversity is a hot topic, this is more in that vein than driving anything business value related.
Diversity is a hot topic, this is more in that vein than driving anything business value related.
Magic Johnson has tons of businesses, connections, and especially urban markets.
Successful and famous white male execs named to corporate boards are largely PR stunts as well. Board seats are often given out to lend credibility, not necessarily for business acumen.