Industry Trailblazers Examine Trends, Research and Hard
Truths
New York, NY - March 27, 2017 - The ADVERTISING
Club of New York and Interpublic Group (NYSE: IPG) announced today
that they are hosting the industry's first-ever event specifically
focusing on Black women. THEIR TRUTH: The Summit
on Black Women in Advertising, Marketing and Media is part of
the I'mPART program, a diversity initiative of The ADVERTISING Club
of New York, and will be hosted at The Paley Center on March
27th. The event
will be available beginning at 6:30 pm ET, via Facebook Live on
IPG's Facebook page,
https://www.facebook.com/InterpublicGroup/.
The event is intended to shed light on recent
workforce composition numbers, foster discussion and empower the
industry to course correct the number of Black women in leadership
positions. Despite equal opportunity and gender initiatives aimed
at improving the ratio of women to men in leadership positions
overall, recent workforce composition data for the U.S. ad industry
shows that women of color are not making as much progress.
THEIR TRUTH will promote action utilizing the
hashtag #impartoftruth.
THEIR TRUTH will be
introduced by Gina Grillo, President and CEO of The ADVERTISING
Club of New York, and Michael Roth, Chairman and CEO of IPG. Tai
Wingfield, from the Center for Talent Innovation (CTI) will present
current research during the event about Black women professionals.
THEIR TRUTH will include a panel of Black
women industry trailblazers, moderated by Joy Reid from MSNBC. The
panel will include: Jocelyn Carter-Miller, President,
TechEdVentures and SoulTranSync and IPG Board Member; Pam El, EVP,
Chief Marketing Officer, NBA; Vita Harris, EVP, Chief Strategy
Officer, FCB; Jeanine D. Liburd, EVP of Marketing, Corporate
Communications and Corporate Social Responsibility, BET Networks;
Lisa Price, SVP, Founder & Creative Director, Carol's Daughter
and Carol H. Williams, CEO and Chief Creative Officer, Carol H.
Williams Advertising (CHWA). The evening will also include a
reading by Valerie Graves, Author, and ex CCO of UWG and
Vigilante.
Statistics show that among major demographic
groups, Black women have the lowest upward mobility, and are
underrepresented on corporate boards. They make up 1% of ad
industry executives in the U.S., where there are 93 Black women
executives out of a total of 8,734 executives in the industry,
according to the EEOC.
"While we knew this was an issue that needed
to be addressed, the numbers were still startling to see. With such
a glaring issue, it's hard to believe that this is the first major
industry event to focus specifically on Black women," noted Michael
Roth, Chairman and CEO of Interpublic. "We are very proud to bring
this issue to the fore, especially with the remarkable slate of
talent who are joining us for the event. Diversity and
inclusion is a key value for IPG and a clear imperative for the
entire industry. It's essential that both gender and race are on
our agendas and this event is an important step forward," he
continued.
"Current research on Black women in business is
eye-opening and much of what we see is encouraging," commented Tai
Wingfield, SVP of Communications at the Center for Talent
Innovation and an author of the study. "Titled Black Women: Ready to Lead, our research shows us that
not only are Black women qualified and competent to lead, but that
they are leaning in, they are confident, and they are ready to take
on even greater positions of leadership. There are insights
companies can apply to promote more upward mobility," Ms. Wingfield
continued.
"Focus on issues related to Black women is
critical," commented Heide Gardner, SVP, Chief Diversity and
Inclusion Officer, IPG. "Given the industry's legacy of decades of
attention to the lack of racial diversity, and the recent explosion
of interest in gender, we need to take stock of where we are, not
only from a quantitative standpoint, but also from a qualitative
standpoint by learning from the experiences of Black women who have
thrived. We need to make certain that we are conscious of the
importance of ensuring that all women are included in the
industry's gender equality movement," she continued.
"The industry needs to do better and this is a
first step toward ensuring that we are deliberate about inclusion,"
stated Gina Grillo, President of The ADVERTISING Club of New York.
"I think that many assumptions were being made - that a rising tide
would lift all boats. The data shows that's not what's happening
for Black women and with that insight, we can improve," she
continued.
# # #
About Interpublic
Interpublic is one of the world's leading
organizations of advertising agencies and marketing services
companies. Major global brands include BPN, Craft, FCB (Foote, Cone
& Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton
Worldwide, MAGNA, McCann, Momentum, MRM//McCann, MullenLowe Group,
Octagon, R/GA, UM and Weber Shandwick. Other leading brands include
Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Deutsch,
Hill Holliday, ID Media and The Martin Agency. For more
information, please visit www.interpublic.com.
# # #
Contact Information
Tom Cunningham
(Press)
(212) 704-1326
Jerry Leshne
(Analysts, Investors)
(212) 704-1439
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: INTERPUBLIC GROUP OF COMPANIES, INC. via
Globenewswire
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