Jamie Dimon
Chairman and CEO
Mark Settles
Diversity Recruiting Executive
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Why It's on the Top 50: A longtime national diversity leader and mainstay of the Top 50 list, JPMorgan Chase's real strength is in its Human Capital. The company is a known leader in workplace disability issues.
Description: JPMorgan Chase is the No. 3 financial-services firm in the United States. In addition to banking, Chase is a top mortgage lender, auto-loan underwriter and credit-card issuer.
From Chairman, President and CEO James Dimon:
"Building a workplace where differences are respected and valued is critical to our future. We have an amazing opportunity in front of us to build the best financial-services company in the world. Achieving this depends on having the best people doing their best work. For us, the business case is simple: JPMorgan Chase is a place for talented people from all backgrounds and nationalities. Gender, race, sexual orientation, age and physical ability are just some of the kinds of differences that make people unique--and give us the diversity of perspective that will set us apart. We're committed to ensuring that diversity remains a key priority ... our collective diversity is our strength."
Diversity Strengths: Forty percent of the work force and 53 percent of new hires are people of color, compared with 34 percent and 42 percent, respectively, for the Top 50. The company tracks GLBT suppliers, which only 22 percent of the Top 50 and virtually no other U.S.
Recent Diversity Success:
In 2006, won Corporate Legacy Award from Abilities!, an advocacy group for people with disabilities.
More DiversityInc Articles on JPMorgan Chase:
First Comes CEO Commitment
Generations of GLBTs in the Workplace: From Whispers to Employee Networks
Health Savings Accounts: Benefits for All or Tax Shelter for High Earners?
How to Make a Successful Mid-Life Career Change
Corporate America Starts to Get It: Hiring Students With Disabilities
Financial Advice--Compensation Is More Than Salary
How to Turn a Bad Annual Review Around
Are You Saving Enough for Retirement?
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Top 50 Rank: 9
Specialty Lists: No. 8 on the Top 10 Companies for People With Disabilities, No. 4 on the Top 10 Companies for GLBT Employees, No. 6 on the Top 10 Companies for Recruitment & Retention, No. 4 on the Top 10 Companies for African Americans, No. 9 on the Top 10 Companies for Latinos, No. 7 on the Top 10 Companies for Executive Women
Industry: Financial Services
Main Competitors: Bank of America, Citigroup, Merrill Lynch
U.S. Headquarters: New York, N.Y.
Number of U.S. Employees: 136,800
Annual Revenue: $61.4 billion
% of Operations Outside U.S.: 20
Key Personnel: Jamie Dimon, chairman, president and CEO; Sandra VanGilder, chief diversity officer; Mark Settles, diversity recruiting executive (For more on Jamie Dimon and Sandra VanGilder, read First Comes CEO Commitment from the 2006 Special Issue of DiversityInc magazine and The Truth About Diversity From Top 50 CEOs and CDOs in the June 2006 issue)
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