Abstract: This paper summarizes the results of a research carried out between January and May 2021 with all Brazilian public companies, identified in such period, aiming to analyze the racial diversity of the positions of members of the board of directors, CEO, and CFO. We obtained detailed answers from about 15% of the total sample of 442 public companies. To test the statistical significance of the results, we applied an evaluation method to all board members and officers of all other public companies, using the same methodology to identify fraudulent enrollments in affirmative action programs at Brazilian universities. Comparison of samples demonstrated that the results were statistically robust, leading to disconcerting conclusions. We identified that 0.00% of the positions of the boards of directors surveyed were occupied by black people and that only 1.05% of them were occupied by brown people. This demonstrates that the chance of a white person occupying some of the highest-paid positions in the country is 58 times greater compared to a non-white person. The results regarding the positions of CEO and CFO were even more impressive since no black or brown people were identified in such positions. Such data confirmed the research hypothesis that the corporate governance of Brazilian public companies reinforces certain characteristics of the Brazilian social structure, deeply marked by patriarchal and racist traits.