DIVERSITYMBA MAGAZINE NAMES JP MORGAN CHASE #5 COMPANY FOR DIVERSE MANAGERS TO WORK New approach to ranking companies focuses on management space and pipeline development of diverse professionals.
DIVERSITYMBA MAGAZINE NAMES JP MORGAN CHASE #5 COMPANY FOR DIVERSE MANAGERS TO WORK New approach to ranking companies focuses on management space and pipeline development of diverse professionals.


/Corporations News Articles/ - CHICAGO, IL, April 23, 2008 - DiversityMBA Magazine (DMBA), a niche publication targeting people of color and women MBAs, students, professionals and the business community will publish its third annual "Top 50 Companies for Diverse Managers To Work" in its spring issue, which will hit the newsstands in late April. JP Morgan Chase has been selected #5 in the ranking.

Through DMBA's initiative JP Morgan Chase was ranked against Fortune 500 companies through both primary and secondary third-party research that approached review of each organization's diversity efforts and success metrics in a unique manner as compared to many existing "top diversity" rankings. New this year, the 2008 DMBA Top 50 Companies list will showcase companies that make a strategic effort to implement accountable diversity strategies for managers of diverse backgrounds to excel and develop into the executive ranks. To differentiate itself and provide its readers with relevant, useful and cutting edge information, DMBA placed the focus of this effort on a segment of diverse management and the pipeline development of emerging leaders. Because the publication's readership consists of diverse professionals and entrepreneurs, it is important that the research reflect this audience.

"Building a workplace where differences are respected and valued is critical to our future. For us, the business case is simple: JPMorgan Chase is a place for talented people from all backgrounds and nationalities. Gender, race, sexual orientation, age and physical ability are just some of the kinds of differences that make people unique — and give us the diversity of perspective that will set us apart." Says Jamie Dimon, CEO, JP Morgan Chase.

An example of JP Morgan Chase's commitment to diversity is its emphasis on recruiting and retaining the best and brightest senior level talent from diverse backgrounds. The company supports a dedicated effort to bring top talent into the organization - and keep them - through the work of an executive recruiting manager. Currently nearly 25 percent of its executive rank is made up of women and 39.6 percent of its overall employees are of a diverse background.

Says Pam McElvane CEO and publisher of DiversityMBA Magazine, "The recognition bestowed upon JP Morgan Chase through our research is meaningful on multiple levels and places this organization at the forefront of diversity practices that are working to change the face of the executive space in Corporate America. Our research illustrates that representation has grown greatly across all groups and that the programs for awareness and inclusion are strong among leading companies."

DiversityMBA Magazine provides research reports on industry diversity programs and performance, continuing education, networking opportunities, professional development for women and people of color working in corporate America, and business entrepreneurs. The magazine is distributed at newsstands, top business schools, professional and business associations and international networks.

Please visit www.diversitymbamagazine.com for more information about DiversityMBA Magazine. To schedule media interviews, please call 773.857.1320

2008 LIST OF TOP 50 COMPANIES FOR DIVERSE MANAGERS TO WORK

1. Bank of America
2. Verizon Communications
3. Wal-Mart
4. Allstate Insurance Company
5. JPMorgan Chase
6. MetLife, Inc.
7. Kaiser Permanente
8. Burger King
9. Harley Davidson
10. Citigroup
11. Credit Suisse
12. CSX
13. Comcast Communications
14. Well Point
15. Convergys
16. Aetna Inc.
17. Astra Zeneca
18. Chrysler LLP
19. Pitney Bowes
20. SunTrust Bank
21. American Express
22. General Motors
23. Pepsi Co
24. HSBC N.A.
25. Merck
26. Dow Chemical
27. Hewlett Packard
28. Procter & Gamble
29. Starwood Hotels
30. Compuware
31. Cadbury Schweppes Americas Beverages
32. Sears Holdings, Inc.
33. Xerox
34. Consolidated Edison of NY
35. Lowes Corporation
36. Toyota Motor Sales
37. Yum Brands, Inc.
38. Hilton
39. Darden Restaurants
40. Price Waterhouse Coopers
41. Cummins
42. Fannie Mae
43. Avon
44. Nordstroms
45. RR Donnelly
46. Miller Brewing Company
47. Genentech
48. McDonalds Corporation
49. TIAA-CREF
50. Schering-Plough


Media Contact:
Jessica Priego Lopez
J Priego Communications
773.857.1320/Jessica@jpriego.com

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Press Release Contact Information:

Jacqueline Priego
JPriego Communications
Account Director