COMPANIES FOR
DIVERSITY
G. Kennedy Thompson,
Chairman, President
and CEO
No. 11 WACHOVIA
Specialty Lists: DIVERSITY STRENGTHS: Wachovia
No. 2 on the Top 10 Companies has unbiased retention in its work
for African Americans force and management, meaning
No. 7 on the Top 10 Companies retention rates are level regardless of
for People With Disabilities race, ethnicity and gender. The
Industry: Financial Services company has mandatory surveys on
Main Competitors: Bank of America, diversity issues and allocates 48 per-
Citigroup, Sun Trust cent of its philanthropic efforts to
U.S. Headquarters: Charlotte, N.C. multicultural organizations, com-
Number of U.S. Employees:
108,238 pared with a 32 percent average for
Annual Revenue: $29.9 billion the Top 50. Wachovia spends 27
of Operations Outside U.S.:
1 percent of its advertising budget on
multicultural ads, compared with a
Top 50 average of 18. 6 percent.
Rosie Saez,
Senior Vice President,
Leadership
Practices Group
WHY IT’S ON THE TOP 50: Wachovia
has been on the Top 50 list since
2003 and has moved up annually
since 2004—from 48 to 31 to 21 to
11 this year. The bank demonstrates
strong CEO Commitment, as well as
remarkable growth in multicultural
marketing, hiring and retention and
Corporate Communications.
RECENT DIVERSITY SUCCESS:
Partnered with the Association for
the Study of African American Life
and History.
No. 12 PRICEWATERHOUSECOOPERS
Specialty Lists: Corporate Communications are
No. 4 on the Top 10 Companies particularly strong.
for Asian Americans
No. 2 on the Top 10 Companies
for GLBT Employees
No. 3 on the Top 10 Companies for
People With Disabilities
Industry: Professional
Services/Accounting
Main Competitors: Deloitte & Touche,
Ernst & Young, KPMG
U.S. Headquarters: New York, N. Y.
Number of U.S. Employees:
30,000
Annual Revenue: $7 billion
of Operations Outside U.S.:
68
DIVERSITY STRENGTHS: U.S. Senior
Partner and Chairman Dennis Nally
chairs the diversity council (only 54
percent of Top 50 CEOs do this).
Retention is unbiased for the work
force and for management, which
means retention rates are level
regardless of race/ethnicity and gender. All the company’s managers participate in the mentoring program
(the Top 50 average is 32 percent).
Dennis Nally,
U.S. Senior Partner
and Chairman
WHY IT’S ON THE TOP 50:
PricewaterhouseCoopers is never
satisfied with its diversity success
and is constantly innovating.
CEO Commitment and
RECENT DIVERSITY SUCCESS: On
Martin Luther King Day, for the
second year in a row, PwC hosted
more than 700 high-school students, guidance counselors and parents at offices across the country.
Chris Simmons,
Partner, Chief
Diversity Officer
