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Walmart President and CEO Doug McMillon took the issue of racial inequality head on during one of the company’s virtual employee meetings more than a year ago.
“The murder of George Floyd is tragic, painful, and unacceptable,” McMillon told Walmart’s global employees in June 2020. “Words and feelings matter, but they are not enough. More action is required. We will find new ways to accelerate the desired changes inside our company and we will also find the ways that our business can influence real change in our country.”
Yet only about 9% of Walmart’s corporate officers are African American, the company’s latest demographic data confirms. The company says that’s a 2.28% increase from this time last year.
Latinos make up nearly 18% of Walmart’s employee population, but just 5.5% of the company’s officers, according to the report. Asian people, who represent more than 4% of the retailer’s employees, comprise more than 10% of its managers and 9% of its officers. White people make up more than 53% of Walmart’s workforce and represent more than 63% of its managers and 74% of its officers.
The report also says people of color make up more than 46% of Walmart’s workforce, but the company’s website shows Black and Brown Americans comprise only about 16.7% of Walmart’s 12-member board of directors.
In its most recent DEI report, Walmart pointed out marginal gains women have made at the officer level, as well as the May launch of its Accessibility Center of Excellence, which is designed to advance equity and inclusion for people with disabilities.
“Although we have made progress, we still have more work to do,” the company told CNN Business Friday via email.