People are boycotting a $60 billion retailer after the chairman said white men are 'an endangered species' on corporate boards

pulse

March 14, 2017 2:18 PM

People are threatening to boycott Tesco after the grocery chain's chairman said white men are becoming an "endangered species" on British corporate boards.

File photographs shows shopping trolleys lined up at a Tesco supermarket in London April 15, 2014. REUTERS/Luke MacGregor/Files

the Financial Times reported.

"Far from being in a 'propitious' position, any analysis of senior leadership roles in business will show the woeful under-representation of women and minority groups," Sophie Walker, the leader of the UK's Women’s Equality party, told The Guardian.

"We are seeing a resurgence of feminist protest and activism against the kind of attitudes Allan betrays with these comments," Walker continued. "With him at the helm, Tesco not only risks missing out on female talent, it will also alienate customers. I plan on doing my shopping elsewhere this weekend."

Allan issued a statement on Saturday, saying he was an advocate of diversity, and regretted if his words were taken to mean the opposite.

"The point I was seeking to make was that successful Boards must be active in bringing together a diverse and representative set of people," he said in a statement. "There is still much more to be done but now is a good time for women to put themselves forward for [non-executive director] roles."

During the conference, Allan was also quoted by the Financial Times as saying:

"For a thousand years men have got most of these jobs. The pendulum has swung very significantly the other way... If you are female and from an ethnic background and preferably both, then you are in an extremely propitious period."

Only 29% of new directors appointed in the UK last year were women, according to headhunting firm Egon Zehnder.

American boards have similar statistics.

Women hold roughly 15%according to Heidrick & Struggles' Board Monitor.

pulse