July 28, 2008
Black Enterprise has announced its fourth annual tally of the 40 Best Companies for Diversity as featured in the July issue. The companies identified in the special report demonstrated strength and outperformed their peers in one or more of four key categories: supplier diversity, senior management, board involvement and employee base.
Of the 40 best, both McDonald's Corp. and MGM Mirage met criteria in all four categories. Among the companies that hit the mark in three of the four areas are AETNA Inc., the Coca-Cola Co., Pepco Holdings Inc., WGL Holdings Inc. and Xerox Corp. Making their debut on this year's list are Burger King Holdings, Sempra Energy and Sodexho USA.
With the number of African American CEOs at America's largest companies dwindling, the magazine focused additional reporting on companies that have demonstrated the ability to retain and develop diverse executive talent. Featured in this year's report are several bold, energetic leaders-to-be, including cover subjects Abram Mercedes of IBM and Tonya Berry of Chrysler.
The 40 Best Companies for Diversity:
Aetna Inc., Hartford, Conn.
MGM MIRAGE, Las Vegas
Aflac Inc., Columbus
Pepco Holdings Inc., Washington, D.C.
American Express Co., New York, N.Y.
Pepsi Bottling Group Inc., Somers, N.Y.
ARAMARK Corp., Philadelphia
PepsiCo Inc., Purchase, N.Y.
AT&T, San-Antonio, Texas
PG&E Corp., San Francisco
Bank of America, Charlotte, N.C.
Pitney Bowes Inc., Stamford, Conn.
Burger King Holdings, Miami
Procter & Gamble Co., Cincinnati
Chrysler L.L.C., Auburn Hills, Mich.
Ryder System Inc., Miami,
Coca-Cola Co., Atlanta
Sempra Energy, San Diego
Comcast Corp., Philadelphia
Sodexho USA, Gaithersburg, Md.
Eastman Kodak Co., Rochester, N.Y.
Starwood Hotels & Resorts Worldwide Inc., White Plains, N.Y.
Exelon Corp., Chicago
State Farm Insurance Cos., Bloomington, Ill.
Fannie Mae, Washington, D.C.
TIAA-CREF, New York
FedEx Corp., Memphis, Tenn.
Toyota Motor North America Inc., New York
General Mills Inc., Minneapolis, Minn.
Marriott International Inc., Washington, D.C.
General Motors Corp., Detroit
United Parcel Service Inc. (UPS), Atlanta
IBM Corp., Armonk, N.Y.
Verizon Communications Inc., Washington, D.C.
Johnson Controls Inc., Milwaukee, Wisc.
WGL Holdings Inc., Washington, D.C.
Kellogg Co., Battle Creek, MI
Xerox Corp., Stamford, Conn.
McDonald's Corp., Oak Brook, Ill.
Yum! Brands Inc., Louisville, Ky.
The 2008 40 Best Companies for Diversity were determined by analyzing responses from a survey administered to major corporations. be conducted a comprehensive outreach effort to the CEOs and diversity executives of the top 1,000 publicly traded companies, and the diversity executives of the 50 leading global companies with strong U.S. operations.
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