Tag: Fortune 500

Black CEO Talks About Diversity, is Called Racist

Sam’s Club CEO Rosalind Brewer has received backlash after acknowledging corporate America’s very real struggle with diversity. The part of the interview that has been slammed by the media was when Brewer shared a story about a meeting with a supplier — a meeting that exemplified the inequality at the…

Accenture Names First Woman As US Group Chief Executive

Accenture’s announcement that Julie Spellman Sweet has been promoted to Group Chief Executive-North America means that as of next month, four of the six major consulting firms will have women leaders (Deloitte, IBM and KPMG are the others). Virginia Rometty became Chairman, CEO and President of IBM in 2012. Deloitte…

Why Top 50 Companies Beat Fortune 500 in Diversity Recruiting, Promotions

By Barbara Frankel There’s a reason DiversityInc Top 50 companies have more diversity in their management, CEOs, senior levels and boards of directors than Fortune 500 companies. They use established diversity-management best practices to build and retain a pipeline of diverse talent. Thirty-two of the DiversityInc Top 50 companies are…

General Motors Picks Female CEO

By Albert Lin General Motors’ board of directors has elected Mary Barra as the company’s next CEO, effective Jan. 15. Barra, who will succeed the retiring Dan Akerson, will become the first female CEO in company history and the 22nd woman to currently lead a Fortune 500 company. GM, No….

Where's the Diversity in Fortune 500 CEOs

Banga, Rodriguez There are five Black CEOs of Fortune 500 companies, accounting for 1 percent of all Fortune 500 CEOs. Merck & Co. is No. 14 in The 2014 DiversityInc Top 50 Companies for Diversity and TIAA-CREF is No. 36. CEOs in the DiversityInc Top 50 total 6 percent Black….

Why Should My Company Care if Our Board Is Diverse

Photo by Shutterstock Q. Why should my company care about whether the board of directors is diverse And how do I, as a diversity practitioner, help make that happen A. Board diversity has several benefits. It gives organizations new ideas and innovative solutions at the strategic level; it helps attain…