Diversity Management, News and Updates
Even with the ongoing COVID-19 pandemic, a new report from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) reveals that CEO salaries continue to soar while compensation for the people working for these individuals remains stagnant. Moira Ritter of CNN Business has reported that “the average S&P…
The number of Black executives in corporate boardrooms remains shockingly sparse even with the ongoing push for diversity and inclusion all across American culture — including companies big and small alike. But some of the biggest corporations in the United States are working on a new initiative to change that….
During a DiversityInc 2021 virtual Fireside Chat, Carole Huntsman, Head of North America, Sanofi Genzyme and U.S. Country Lead at Sanofi (No. 27 on The DiversityInc Top 50 Companies for Diversity list in 2021), spoke about allies in corporate America with Carolynn Johnson, CEO of DiversityInc. Here’s a look back at…
During Women’s History Month, DiversityInc is honoring a series of woman innovators and history makers like Katharine Graham, who are often overlooked in mainstream media coverage and history books. Check back throughout March to learn about more important figures. Born: June 16, 1917, New York City Died: July 17, 2001, Boise,…
When stock market indexing giant NASDAQ announced plans to make the companies listed on its exchange include at least some measure of diversity on their boards last December, the reaction was loud and immediate from both sides. Right-leaning groups like The Heritage Foundation declared the move “discriminatory and immoral” and…
TIAA — Teachers Insurance and Annuity Association of America — has announced that Thasunda Brown Duckett will become the company’s new CEO, succeeding Roger W. Ferguson Jr. who announced in November 2020 his plans to retire. With her appointment, Duckett will join newly named Walgreen’s CEO Rosalind Brewer as one…
Known best for: Becoming the CEO of the Dallas Mavericks — the first African American woman CEO in the NBA Cynthia “Cynt” Marshall was born in Alabama, but her family moved to Richmond, California when her parents decided they did not want to raise their children in the Jim Crow…
CVS Health (No. 24 on The DiversityInc Top 50 Companies for Diversity list in 2020), named Karen Lynch as its new CEO on Nov. 9, 2020, making her the 40th woman CEO on the Fortune 500 list. Lynch, who is replacing current CEO Larry Merlo, will take over February 1,…
Wells Fargo CEO Charlie Scharf has apologized after offensive and inaccurate comments he made about diverse talent pipelines on a Zoom call this summer were made public. Reuters broke the news on Sept. 22 after uncovering details of the Zoom meeting in which Scharf lamented a lack of Black talent…
DiversityInc CEO Carolynn Johnson spoke today on how leaders can be morally courageous and speak out against the racial injustice. Her fireside video chat with Lisa Kaplowitz, Assistant Professor and Director of the Center for Women in Business at Rutgers University Business School addressed racism, allyship and the power of…
