Rise of the chief diversity officer: Why this is the newest C-suite role
After a fair share of fashion advertising blunders, leading companies are pledging to be more inclusive with help from a new role.
The CEO Magazine article, "Rise of the chief diversity officer: Why this is the newest C-suite role," features the Russell Reynolds Associates paper, "A Leader's Guide: Finding and Keeping Your Next Chief Diversity Officer." The article is excerpted below.
The fashion world has been under scrutiny in recent times following several campaign blunders, but perhaps that is why the role of a diversity chief is on the rise.
Tasked with implementing diversity and inclusion strategies, a chief diversity officer (CDO) is quickly becoming the new position to modernise fashion maisons and big businesses.
Only 47% of S&P 500 companies have a CDO or equivalent of staff and less than two-thirds of these roles were only appointed in the past three years, according to Russell Reynolds Associates, so there’s still plenty of room for this role to grow.
To read the full article, click here.