- A series of companies have rolled back DEI initiatives amid pressure from conservative groups and the White House.
- Some CEOs have voiced their support or defended the diversity programs at their companies.
- Deutsche Bank’s CEO is the latest bank executive to defend DEI efforts.
The list of CEOs who are publicly backing their company’s DEI policies is growing.
Deutsche Bank CEO Christian Sewing is the latest, joining JPMorgan’s Jaime Dimon and Goldman Sachs’ David Solomon in publicly defending DEI programs amid wider external criticism of diversity initiatives from conservative activists and President Trump’s new administration.
One of Trump’s first executive orders placed federal DEI staffers on administrative leave while work began to dismantle their departments.
The pull-back on DEI in the private sector began before Trump took office. A slew of companies — including Meta, Walmart, and McDonald’s — either reduced or ended their own DEI initiatives. Some had been targeted by conservative activist groups.
However, amid the tensions around DEI, some executives are taking a public stance in support of their firm’s policies.
Read the full article here
