Diversity Management, News and Updates
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,…
Julie Sweet, the current chief executive officer of Accenture’s (no. 7 on DiversityInc’s Top 50 list) business in North America, will take over as the company’s chief executive officer Sept. 1. David Rowland, the interim chief executive officer will become executive chairman. Sweet’s current position has her leading the business…
The hypermarket retail chain Walmart (a DiversityInc 25 Noteworthy Company) has apologized after failing to realize that their website used a racial slur to describe a wig cap that was being sold on their site. The listing was first brought to attention on Monday when Twitter user Kwani Lunis uploaded…
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’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…
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…
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….
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….
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…
