Ex-Xerox CEO Ursula Burns: Companies should 'improve representation for women and for Blacks' or be forced to meet targets. (via CNBCMakeIt)
. "There has to be more of us who are qualified to do these roles," she says, while explaining that setting diversity benchmarks and targets for companies could be a possible solution."I've actually started to switch my thinking a little bit around targets," she says. "I was totally against them and now I'm really starting to investigate and think about whether this would be helpful.
"I think we are at the last step of what I call 'voluntary compliance,'" she says. "If we can't start to improve representation for women and for Blacks then I think that we may be forced to do what Europe has done."has proposed a requirement for companies to have at least 40% women on their corporate boards. Any company that doesn't meet this quota would be required to prioritize women candidates when hiring for future leadership roles.
As a current board member at Uber, Burns says companies have to be more "affirmative about the way [they] approach hiring" and business leaders have to be more proactive in leading discussions about social injustices now and every day moving forward.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-Bumble Bee CEO gets prison term, a rarity in antitrustChris Lischewski, former Bumble Bee Foods chief executive, was sentenced to more than three years in prison for his role in a price-fixing racket, a rare outcome in a U.S. antitrust crackdown.
Read more »
WeWork is talking to NYC private schools about holding classes in offices this fall, CEO saysWeWork CEO Sandeep Mathrani says the company is working with NYC private schools to hold classes in WeWork locations. “We’re in discussions with many of the schools in New York City to de-densify the schools.”
Read more »
Amazon CEO Jeff Bezos tells employees to cancel meetings on Juneteenth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Netflix CEO Reed Hastings donating $120 million to historically Black institutionsNetflix CEO Reed Hastings is committing $120 million to HBCUs. andrewrsorkin speaks with Hastings, Spelman College’s Mary Schmidt Campbell, Morehouse College’s David A. Thomas and UNCF’s Michael L. Lomax.
Read more »
Hugo Boss appoints ex-Tommy Hilfiger chief as CEOHugo Boss AG has named ex-Tommy Hilfiger executive Daniel Grieder as its new chief executive, it said late on Tuesday. Mr. Grieder replaces Mark Langer, who will leave Hugo Boss on Sept. 30. The new CEO's appointment is for a five-year period starting on June 1, 2021, with chief of finance Yves Mueller acting as spokesman of the managing board during the interim period, the company said.
Read more »