Most Diversity Executives Say They Lack Power to Push Change
- Most large companies lack a designated diversity executive
- Public charges of racism, sexism cut $4 billion off market cap
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Public commitments and pledges aside, most diversity and inclusion executives say their employers don’t make their work a priority, even as discrimination scandals grow more costly, according to new analysis from executive recruiter Russell Reynolds Associates.
A little more than half of the largest U.S. companies still don’t have a top-level executive dedicated to nurturing a diverse workforce. Among professionals in that role, most say their goals aren’t high on the list of company’s priorities, according to a survey released today by Russell Reynolds.