E9 Chief Diversity Officers Are in High Demand
Bloomberg Businessweek|March 15, 2021
In the three months after the police killing of George Floyd touched off mass protests, new hires for chief diversity officers in S&P 500 companies jumped to as many as a dozen a month— almost triple the normal rate, according to research from executive recruiter Russell Reynolds Associates Inc. For many, it was their first diversity executive. “What’s different this time is that the whole world is focused on it,” says Tina Shah Paikeday, who leads the diversity and inclusion advisory practice at Russell Reynolds.
Jeff Green

Companies such as McDonald’s, Microsoft, and Boeing have set specific hiring goals. International Business Machines Corp. has dropped degree requirements that had proved to be barriers to recruiting minorities. Other corporations have pledged support to groups promoting the hiring of more Black directors, executives, and employees.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM BLOOMBERG BUSINESSWEEKView All

Young U.S. Jews Shift on Israel

Millennial and Gen Z progressives question American support of Israeli policies, a point of tension for the Democratic Party

4 mins read
Bloomberg Businessweek
June 14, 2021

Fever Pitch

A British tonic maker aims to conquer the U.S. with its premium mixers

4 mins read
Bloomberg Businessweek
June 14, 2021

Welcome to the Trump Coast

The former president’s strategic retreat to Mar-a-Lago has helped turn Florida into a new home base for Republicans

10+ mins read
Bloomberg Businessweek
June 14, 2021

THE SEDITION HUNTERS

Amateur sleuths pore over photos and videos online to ID Capitol rioters

6 mins read
Bloomberg Businessweek
June 14, 2021

The FOMO Economy

From AMC to Dogecoin to houses, buying seems driven as much by anxiety as by hope

7 mins read
Bloomberg Businessweek
June 14, 2021

KING OF CARDS

Sports trading cards are having a moment. And no one promotes the industry like Ken Goldin

10+ mins read
Bloomberg Businessweek
June 14, 2021

Pay Attention to the Man Behind the Curtain

Vladimir Putin’s tolerance for criminal hackers will be on the agenda when he meets with President Biden on June 16

4 mins read
Bloomberg Businessweek
June 14, 2021

It's TEQUILA O'CLOCK In NYC

Jimmy Buffett’s Margaritaville is a hit song, a chill state of mind, a billion-dollar marketing empire, and the new best worst attraction in Times Square

10+ mins read
Bloomberg Businessweek
June 14, 2021

Is Streaming the Limit for Sky?

As its content providers start online services, the broadcaster pivots to create its own shows

5 mins read
Bloomberg Businessweek
June 14, 2021

A Pop-Up Store Hits the Road

Cuyana’s store-on-a-truck is a cost-effective way to quickly test locations and products

3 mins read
Bloomberg Businessweek
June 14, 2021