Would a Different Board Change Thernos?

What is happening? Time is proposing that Thernos could have had a different story had the board of directors not been white men of a certain age. The thinking is that younger and more diverse board would have been more willing to call out concerning practices before it rose to the level of perceived fraud.

Why is this important? A New York Times article this week says 6 in 10 board members are still white men because most board recruiters use recommendations from executives which is a circle of white men of a certain age and their friends who are also white men of a certain age.

How will this be important? Diversity could have changed the Thernos storyline

Time | One Lesson From the Theranos Scandal: We Need Age Diversity on Corporate Boards

NY Times | Board Diversity Increased in 2021. Some Ask What Took So Long.