Walgreens Boots Alliance has announced the departure of its CEO, Rosalind Brewer. According to Bloomberg, Brewer was the sole remaining Black female CEO of an S&P 500 company; the last Black woman to lead an S&P 500 company was Ursula Burns, who left Xerox in 2016. Like many retailers, Walgreens faced challenges this year as the demand for COVID-19 testing and vaccines declined, and retail sales experienced a slowdown. Brewer’s departure is part of the company’s transition into a healthcare company instead of a drugstore. According to CNBC, shares of
This article was first published by Rumbi Makanga on Medium. I was asked to give a talk by a London-based company for Black History Month in October 2022. Initially, I was going to title my talk Your Silence Will Not Protect You after the eponymous collection of essays by Audre Lorde and to honour the many silences I have nursed over the years and the vast silences I know countless Black people are forced into in their professional lives. It took a bout of illness in the last days of 2020 to
Cummins is hiring on pocitjobs.com Shannon came to Cummins Inc. a little over 10 years ago from the Aerospace and Defense Industry. “I worked at a solid rocket motor manufacturer, so literally every day, what I did was considered rocket science.” Shannon has her PhD in Chemical Engineering, and she currently serves at Cummins as Technical Advisor for Computational Fluid Dynamics (CFD). “My main role is as a CFD analyst working on projects across the business units, mostly spark-ignited engines. Also, some of the diesel engine projects, it really depends,
Chris Womack has become president and CEO of Southern Company, joining a small group of Black chief executives leading major publicly traded corporations. Based in Atlanta, Southern Company is a prominent energy provider, generating $22.4 billion in annual revenue in 2021, and through its subsidiaries, it serves approximately 9 million customers. Three Decades of experience A 35-year company veteran, Womack previously was chairman, president, and CEO of Georgia Power, the Southern Company’s largest subsidiary. Before that, the Greenville, Alabama native was executive vice president and president of external affairs for Southern
Uber’s Chief DEI Officer Bo Young Lee has been placed on a leave of absence following employee complaints about “Don’t Call Me Karen” events which aimed to explore the “spectrum of the American white woman’s experience.” Concerns raised by Black and Hispanic employees prompted Uber CEO Dara Khosrowshahi and Chief People Officer Nikki Krishnamurthy to request Lee’s temporary step back while they assess the situation. “We have heard that many of you are in pain and upset by yesterday’s Moving Forward session,” they wrote in an email seen by The
Asian American professionals are more likely to join Employee Resource Groups (ERGs) than their colleagues but feel excluded from workplace DEI initiatives, according to new research by AAPI Data and Momentive. Despite their diverse backgrounds, people of Asian, Asian American, or Pacific Islander (AAPI) heritage often encounter similar challenges that hinder their career growth and well-being. To address these concerns, many turn to ERGs as a source of support, connection, and advocacy within their organizations. AAPI Data and Momentive found that 16% of Asian American workers, 18% of Native Hawaiian
Dr Geoffrey Hinton, dubbed the ‘godfather of AI’, recently resigned from Google, echoing ethical concerns raised by AI experts like Timnit Gebru. After more than a decade at the tech giant, Hinton quit Google due to fears about the dangers of AI, but told the BBC that his age played a role: “I’m 75, so it’s time to retire.” In 2012, Hinton and two of his graduate students at the University of Toronto created a neural network that laid the foundation for AI technologies like ChatGPT and Google Bard. Neural
Organizations may be more at risk of losing their highly talented women and minority leaders than they realize, according to a new report by global leadership consulting firm DDI. DDI’s Diversity, Equity and Inclusion report found that hat many companies are regressing in their DEI programs. Stephanie Neal, director of DDI’s Center for Analytics and Behavioral Research, told The Business Journals that these decisions are having a knock-on effect on talent retention and company performance. “With the stress of economic uncertainty and labor challenges, companies have turned their attention away from
There are now more women of color than men named Dave or David sitting on corporate boards, according to a recent report by social impact venture Him For Her and Crunchbase. Him For Her teamed up with Crunchbase for a fourth year to assess the gender diversity of over 600 high-growth private companies, representing nearly $200 billion in funding. WOC vs Daves Of the 4,610 board seats included in the study, 1 in 5 (20%) are held by men of color and 1 in 25 (4%) by women of color.
Black Business Ventures Association (BBVA) has unveiled its inaugural Founding 50 list to spotlight top-performing Black founders in the tech industry to celebrate Black History Month. The list aims to highlight Black leaders, innovators, and trailblazers who have defied all odds by successfully launching technology initiatives. “At BBVA, every day is Black History Month. We invite you to join us in honoring the contributions of Black tech founders with the launch of the Founding 50 list,” said BBVA in a statement. “This ranked list recognizes the top Black founders who have significantly impacted their
