Diversity Management, News and Updates
New Brunswick, New Jersey-based multinational pharmaceutical giant Johnson & Johnson (a DiversityInc Hall of Fame company) has announced that its current Chairman and CEO Alex Gorsky will be transitioning to the new position of Executive Chairman. In his place, Joaquin Duato, the company’s current Executive Committee Vice Chairman, will become…
The multinational financial services corporation Nasdaq Inc. and the stock exchanges it operates are on the verge of becoming much more diverse and inclusive, especially when it comes to the number of women and minorities serving on the boards of member companies. Bloomberg’s Andrew Ramonas and Claire Hao have reported…
In October 2018, SB 826 was enacted. The legislation mandated that public companies headquartered in California have at least one woman on their boards by the end of 2019, and a minimum of three women on boards of six directors or more by 2022. However, one group of women is…
AT&T (No. 1 on DiversityInc’s Top 50 Companies for Diversity) has named Debra L. Lee — who formerly served as BET Networks’ chairperson and CEO — to its board of directors. During Lee’s time leading BET from 2006 until her retirement in 2009, she increased the network’s budget by 50%…
TIAA, a leading financial services provider, today announced the election of 10 individuals to serve on the Board of Trustees of the TIAA-CREF Funds and TIAA-CREF Life Funds and the Management Committee of the TIAA Separate Account VA-1. The election took place following the conclusion of a special meeting of…
TD Bank Group (No. 38 on the DiversityInc Top 50 Companies list) has announced that the nominees listed in the management proxy circular dated Feb. 1, 2018 were elected as directors of TD. The detailed results of the vote for the election of directors held at its Annual Meeting of…
Mastercard (No. 7 on the DiversityInc Top 50 Companies list) announced that its board of directors has named Choon Phong Goh as an independent director, effective immediately. “On our board of directors, we want to bring together innovative thinking and world-class experience that ranges across a number of sectors and…
TheHershey Company(a DiversityInc Noteworthy Company) announced Dec. 6 the appointment of Wendy L. Schoppert to its Board of Directors, effective immediately. “Wendy has vast executive experience with significant financial leadership and expertise,” said J.P. Bilbrey, Chairman of the Board,The Hershey Company. “Her knowledge of the marketplace and guidance as a…
Humana Inc. has announced that Karen B. DeSalvo, M.D., has been elected as a member of the company’s board of directors. Dr. DeSalvo, 52, served from January 2014 until August 2016 as the National Coordinator for Health Information Technology for the United States federal government, based in Washington, D.C. She…
ADP (No. 17 on the DiversityInc Top 50 Companies list) announced Nov. 7 that, based on a preliminary vote count provided by its proxy solicitor, shareholders have voted to re-elect all 10 of ADP’s highly qualified directors to the ADP Board of Directors. Pershing Square’sthree director nominees each received support…
