Paradigm for Parity® Co-Chair Ellen Kullman at New York Times Summit, Urged Corporate Leaders to Take Tangible Steps to Close the Leadership Gender Gap
This week, Ellen Kullman, a co-chair of the Paradigm for Parity® coalition, joined like-minded corporate executives at the New York Times Summit calling for a level playing field for women in business. Kullman was among top leaders and executives including Melinda Gates, Jamie Dimon, Cecile Richards, Debra Lee, Pat Russo and more who came together to tackle the tough task of creating parity for women in the workplace.
The conference began with Kullman being interviewed by Meredith Kopit Levien, E.V.P. and C.O.O. of the New York Times Company, about the business case for gender diversity. During the conversation, Kullman spoke about the business imperative for companies to have diverse representation at the leadership level. She emphasized that the data makes it crystal clear that for companies to remain competitive and secure the top talent, they must have diverse leadership teams. She cited a 2018 report from McKinsey, stating that companies in the top quartile for gender diversity on their executive teams were 15% more likely to experience above-average profitability than companies in the fourth quartile.
Kullman was among 40 women business leaders who came together to challenge the paradigm that has left too many women behind. Kullman explained that the Paradigm for Parity® coalition “was started because we realized that our adult daughters were facing the same problems that we did in the 80’s.”
After Jamie Dimon spoke about the male dominated field of finance and his role in transforming the culture of the industry, Kullman joined Julie Sweet, the C.E.O. of North America for Accenture, a Paradigm for Parity® coalition member company, and New York Times Corner Office Columnist David Gelles in a conversation about how to turn corporate diversity and inclusion goals into a reality.
Kullman discussed the importance of companies establishing metrics and measuring progress, key to the Paradigm for Parity® coalition 5-Point Action Plan. She emphasized that company executives need to take a hard look at the number of women that are hired and promoted in order to truly change the culture. She explained that in her experience, “using this data gave leadership a goal that they were held accountable to, the same way they are held accountable for revenues and earnings.”
The Paradigm for Parity® coalition was pleased to be part of the conversation at this important New York Times forum and is committed to continuing to work with companies large and small to change the corporate culture so all women have an equal chance to reach the highest levels.
About the Paradigm for Parity® Coalition
The Paradigm for Parity® coalition is composed of CEOs, senior executives, founders, board members and business academics who are committed to achieving a new norm in corporate leadership: one in which women and men have equal power, status, and opportunity.
The coalition created the Paradigm for Parity® 5-Point Action Plan for corporations to accelerate the pace of gender equity in senior executive roles. This unique agenda defines bold and specific actions that, taken together and simultaneously implemented as a package, will catalyze change and enable today’s business executives to secure the best leaders of tomorrow.