Teachers Insurance and Annuity Association of America has named Thasunda Brown Duckett as president and chief executive, tapping a powerful consumer banker and one of Wall Street’s most prominent African American executives. As CEO of Chase Consumer Banking, Ms. Duckett oversees a sprawling network of 4,900 branches, more than $600 billion in deposits and 40,000 Read More »
A Data-Driven Approach to Hiring More Diverse Talent
Within 25 years, people of color are projected to be a majority in the United States. As this key demographic rapidly expands, businesses of all sizes across America are realizing the need to hire diverse talent in order to develop products, services, and experiences for a changing population. Further, research shows that companies that have more Read More »
Rashida Jones named next president of MSNBC
Rashida Jones will become president of MSNBC, and the current president, Phil Griffin, will step down after 25 years at the cable news channel, NBCUniversal News Group Chairman Cesar Conde announced Monday. Jones, who will take over at MSNBC on Feb. 1, is a senior vice president at NBC News and MSNBC, where she leads breaking Read More »
Debra Lee, former BET Networks CEO, Launches New Search Firm To Boost Diversity On Corporate Boards
Debra Lee, former CEO of BET Networks, has launched Monarchs Collective, a consultancy to boost corporate board diversity as new rules and heightened social awareness make director appointments more of a key issue than ever before. She and partner Rabia de Lande Long, an executive coach and management consultant to Fortune 500 companies, will work from both coasts to “build Read More »
Beyah Named Dean of College of Engineering
Raheem Beyah has been selected as Georgia Tech’s new dean and Southern Company chair of the College of Engineering. Beyah is currently Georgia Tech’s vice president for Interdisciplinary Research, executive director of the Online Master of Science in Cybersecurity program, and is the Motorola Foundation Professor in the School of Electrical and Computer Engineering (ECE) Read More »
Guggenheim Names First Black Deputy Director and Chief Curator
Three months after Nancy Spector stepped down as artistic director and chief curator of the Guggenheim Museum amid charges of racism, the museum named Naomi Beckwith, who is Black, to the position of deputy director and chief curator. “If you look out over the cultural landscape — particularly in the U.S. — she is quite Read More »
Meet Ashley Lamothe, the HBCU Grad Who Became Chick-Fil-A’s Youngest Black Franchise Owner At Age 26
When Ashley Lamothe first started her job at Chic-Fil-A at age 15, she had no idea the journey would lead to her becoming the company’s youngest owner at age 26 when opening in 2011, according to Black Business. It turns out that Lamothe ended up liking the job so much that when the time came Read More »
8 Diversity Recruiting Mistakes and How to Avoid Them
Employers are re-evaluating workplace diversity at their organizations, starting with being more thoughtful about recruiting from a broader range of talent. “An effective diversity recruitment program involves taking a close look at every step of the recruitment process, from sourcing and recruitment marketing, to screening and interview practices, to how you present an offer,” said Read More »
Black Nike Employees Stop Working Over Social Injustice
Black employees at Nike are not working for rest of the week as a protest against racially motivated killings in America, sources tell Complex. Some of the workers participating in the demonstration have set up an out-of-office alert on their email accounts explaining their absence. “While I am out of office I will be using Read More »
AMERICAN EXPRESS MAKES HISTORY WITH THE FIRST BLACK WOMAN ON ITS EXECUTIVE COMMITTEE
American Express named President of Strategic Partnerships Glenda McNeal to its Executive Committee this week, making the veteran executive the first Black woman to sit on the Committee. “Having Glenda’s expertise and experience on the Executive Committee will be a huge asset for us,” American Express Chairman and Chief Executive Officer Stephen J. Squeri said Read More »
L’Oreal Re-Hires Black Model They Once Fired After She Spoke Up About Racism
Munroe Bergdorf, a former model for L’Oreal who was fired in 2017 for speaking up about systemic racism, has been re-hired. This time, however, the world’s largest cosmetics company has brought her on board to advise them regarding their diversity and inclusion policies. Berdgorf, who used to be featured in L’Oreal’s UK advertising campaigns, was Read More »
Hyundai Motor North America Appoints Erwin Raphael Chief Cost Optimization Officer
Hyundai Motor North America has selected Genesis and Hyundai veteran Erwin Raphael to lead a new cross-affiliate group as the Chief Cost Optimization Officer for Hyundai Motor North America. The new group, the North American Cost Optimization Committee, was created as a part of Hyundai’s efforts to streamline and better integrate all of Hyundai’s operations Read More »
United Airlines promotes Brett Hart to President
United Airlines said Monday that Brett Hart, the airline’s executive vice president and chief administrative officer, has been promoted to president. He will take over his new role on May 20. Hart will replace Scott Kirby, who is taking over as CEO after the company’s annual meeting on May 20, as was previously announced. CEO Read More »
Google Diversity Report Shows Little Progress For Women And People Of Color
Google released its seventh consecutive diversity report on Thursday, revealing modest gains in representation for women and people of color, and a disproportionately white, Asian and male workforce. The percentage of black hires in the U.S. grew from 4.8% in 2018 to 5.5% in 2019, a .7% increase. The percentage of black hires in technical Read More »
McKesson Corporation Names Michael C. McNeil Senior Vice President, Global Chief Information Security Officer
McKesson Corporation names Michael C. McNeil Senior Vice President, Global Chief Information Security Officer (CISO). He will report directly to Nancy Flores, EVP, Chief Information Officer and Chief Technology Officer. McNeil will be responsible for enhancing and overseeing McKesson’s information and operational technology security strategy program, as well managing information security governance. He will also Read More »