WHY IT’S ON THE LIST
The media company, on the list for the sixth year in a row, has strong support from the top. Chairman and CEO Jeff Bewkes holds senior executives accountable for diversity results, with up to 30 percent of bonus compensation tied to those results.
The emphasis on diversity in hiring, talent development and succession planning has paid off. Women have moved up significantly in senior management and currently represents approximately 40 percent of its senior leadership, and the company has steadily increased its representation of Blacks, Latinos and Asians into Vice President and above positions.
The diversity-and-inclusion efforts are led by Chief Diversity Officer and Senior Vice President, Cultural Investments Lisa Garcia Quiroz. Quiroz is also President of the Time Warner Foundation, which has a mission of supporting the next generation of diverse storytellers.
Time Warner has a strong diversity-recruitment effort and also has been increasingly working on ways to retain high-potential talent from underrepresented groups. For example, the company has looked extensively at identifying the best talent at all managerial levels and creating opportunities for advancement to improve engagement and retention, including lateral moves across divisions, enhanced flexibility and detailed discussions on career needs and potential silos. Pipeline and sponsorship development are stressed with all talent, but especially for people from underrepresented groups.
Chairman and CEO
“At Time Warner, advancing diversity in both our workforce and the content we create and share is a business priority. Without cultivating new voices and tapping into diverse talent, we would not be able to fulfill our mission of delivering great storytelling to an increasingly global and multicultural audience.”
Chief Diversity Officer and Senior Vice President, Cultural Investments
“Our success as a business is directly correlated to our ongoing efforts to attract diverse talent and maintain a progressive and inclusive environment where employees can thrive, regardless of gender, race, ethnicity or sexual orientation. Time Warner’s diverse workplace strengthens our ability to create content that resonates with audiences across the globe.”
U.S. Headquarters: New York City
Global Employees: 23,900
U.S. Employees: 17,466
Last Year’s DiversityInc Top 50 Ranking: No. 42
OTHER DIVERSITYINC LISTS
• No. 3 Top 10 Companies for LGBT employe