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Companies scramble to hire diversity officers, but progress is slow McDonald’s is one of the few companies to link executive compensation to hitting diversity hiring targets. (Associated Press) Print Chief diversity officers have become a hot item in U.S. corporate suites, with hirings setting records and big-name companies such as Levi Strauss & Co. poaching peers for management talent. After the police killing of George Floyd touched off mass protests demanding more equity for Black people last year, new hires of diversity chiefs in the Standard & Poor’s 500 index jumped to as many as a dozen monthly almost triple the rate of the previous 16 months, according to research from executive recruiter Russell Reynolds Associates. A separate analysis of a broader group of public companies found that at least 60 firms had appointed their first diversity leader since last May.

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