DIVERSITYMBA MAGAZINE NAMES VERIZON #2 COMPANY FOR DIVERSE MANAGERS TO WORK New approach to ranking companies focuses on management space and pipeline development of diverse professionals.
DIVERSITYMBA MAGAZINE NAMES VERIZON #2 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. Verizon Communications Inc. has been selected #2 in the ranking.

Through DMBA's initiative Verizon 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.

"Whether it's a wireless service, the latest in broadband technology, or the best in entertainment, Verizon depends on the unique talents and experiences of a diverse employee base to maintain its premier network and better serve its customers." said Magda Yrizarry, vice president, workforce culture, diversity and compliance, Verizon Communications Inc.

Verizon's commitment to diversity is illustrated by its 360 degree approach to creating an inclusive culture and supporting the diverse communities which it serves. Verizon actively leverages its internal employee affinity groups for talent development and recruitment into management, provides its customers with customized solutions including language-specific products, gives back to multicultural communities through its significant philanthropic efforts and promotes supplier diversity awarding more than $3 billion in business annually to diverse suppliers, including women and minority-owned firms. More than 46 percent of the company's senior leadership is made up of women and minorities.

Says Pam McElvane CEO and publisher of DiversityMBA Magazine, "The recognition bestowed upon Verizon 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. Verizon takes diversity and inclusion efforts to the next level by approaching its effort in a holistic manner and ensuring that its leadership mirrors its overall employee and consumer bases."

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


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

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Jacqueline Priego
JPriego Communications
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