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AOL Pledges Women Will Make Up 50 Percent of Leadership by 2020

  • CEO Tim Armstrong plans for equal pay and recruiting changes
  • Gender diversity goal is 10 years sooner than others have set
Bloomberg business news

AOL Aiming for 50-50 Gender Diversity at the Top

AOL Inc. Chief Executive Officer Tim Armstrong set a goal to have women represent 50 percent of the organization’s leadership by 2020, joining a push by corporate America to make the top ranks of executives more fully reflect the population.

The company, which was acquired by Verizon Communications Inc. in 2015, is also targeting equal pay by 2020, Armstrong said Tuesday in an interview on Bloomberg TV from the Makers Conference in Rancho Palos Verdes, California. More than 30 executives from companies like LinkedIn Corp., Nordstrom Inc. and Bank of America Corp. have committed to complete gender equality by 2030. Armstrong’s goal is 10 years sooner than that.