Rockwell Collins ranks 34th on 2013 DiversityInc Top 50 Companies for Diversity
CEDAR RAPIDS, Iowa (Apr. 26, 2013) – DiversityInc announced The 2013 DiversityInc Top 50 Companies for Diversity, with Rockwell Collins ranking number 34 on the list. The DiversityInc Top 50 includes companies from a wide range of industries whose leadership, procurement practices, communications and training best reflect the reality of the rapidly changing face of America. The full list can be found atwww.DiversityInc.com/top50.
This year’s ranking for Rockwell Collins was a nine-position improvement compared its 2012 ranking. The company also ranked second in Top Ten Companies for Veterans under a DiversityInc specialty list category.
“These are great accomplishments for our company, especially given challenges that businesses face under the current economic climate,” said Joy Fitzgerald, director, Diversity and Workforce Effectiveness for Rockwell Collins. “Our diversity and inclusion journey does not stop here − we must continue to open our arms and embrace all individuals who will help us drive tomorrow’s innovation.”
“On the heels of the demographically revealing 2012 presidential election, it is clear that U.S. companies are increasingly conscious of the importance of diversity,” said Luke Visconti, CEO of DiversityInc. “We are very encouraged to see more companies applying for this distinction and embracing diversity more deeply than ever. We also note a continued positive correlation between achievement in diversity and overall positive stock performance.”
Both the 2013 and the 2012 DiversityInc Top 50 lists outperformed the S&P 500 on a one-, three- and five-year basis.
DiversityInc 2013 survey results show that Top 50 companies have:
- 76 percent more Blacks, Latinos and Asians on their boards of directors than the Fortune 500
- 54 percent more women on their boards of directors than the Fortune 500
- 43 percent more women in the top level (CEO and direct reports) than the Fortune 500
- 16.6 percent more Blacks, Latinos and Asians in the top level (CEO and direct reports) than the Fortune 500
- 14 times more CEOs who are Black, Latino or Asian than the Fortune 500 (16 percent of Top 50 CEOs are Black, Latino or Asian vs. 1.2 percent for the Fortune 500)
In addition, DiversityInc notes that Top 50 companies have 51 percent more employees in resource groups than they did five years ago and donated 53 percent more to multicultural charities than they did five years ago.
Methodology The process of determining The DiversityInc Top 50 Companies for Diversity is based completely on empirical data. Participation in the survey is free and companies that do business with DiversityInc receive no preferential treatment. In order to participate, an organization must have at least 1,000 employees and fill out a detailed, 300-question survey, which is divided into four equally weighted areas: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. Each company is judged within its own industry and each application is vetted by DiversityInc staff. DiversityInc requires notarized CEO sign-offs on submissions from companies where it has not met with the CEO directly. For the 2013 survey, 893 companies participated. For more information, visit DiversityInc’s survey FAQ. Companies interested in participating in 2014 should contact top50@DiversityInc.com.
About DiversityInc DiversityInc is the leading source of information on diversity management. The company is a consultancy and publishes two websites, www.DiversityInc.com andwww.DiversityIncBestPractices.com, as well as a magazine, published five times a year. DiversityInc also produces diversity events, which average more than 600 attendees from 200 companies and have featured more than 20 CEOs of major corporations.
About Rockwell Collins
Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 19,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.
Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 19,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.
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