Her education includes an MBA from Northwestern Universitys Kellogg School of Management and a Bachelors in Civil Engineering from the University of Illinois Urbana-Champaign. John M. Lino, Chief Diversity Officer, Reed Smith LLP, 23. From one day to the next, a CMO could analyze market data, work with a graphics team to create marketing assets, coordinate with other departments to align goals, and work on action plans to achieve those goals. Elizabeth A. Morrison, Vice President Diversity & Belonging, Live Nation Entertainment, 14. The University of Michigan Has At Least 82 Full-Time Diversity Officers at a Total Annual Payroll Cost of $10.6M. 2023 Fairchild Publishing, LLC. All rights reserved. Mark Perry, a senior fellow at the American Enterprise Institute and a professor emeritus of economics at the University of Michigan, also touched on this notion. By subscribing, I agree to the Terms of Use and Privacy Policy. Following transportation, manufacturing, and employment services, the coal mining sector has the highest chief diversity officer yearly average income. WordPress.com VIP. Maria Hughes, Senior Vice President, Chief Inclusion & Diversity Officer, Humana, 30. Chanel explained that its D&I initiatives had previously been spearheaded within its People and Organization department but created the role to help spur those ongoing efforts. Identifies areas of opportunity, develop recommended courses of action, secures senior leadership approval and drives implementation. Chief Marketing Officers (CMOs) are becoming more prominent in senior executive ranks at public companies, and their pay is rising in kind. This material may not be published, broadcast, rewritten, or redistributed. The Chief Diversity Officer will Manage, monitor and report supplier diversity program performance and trends. 5 . Top 10 Best-Paying Jobs . In 2022, Scarlett was promoted to Chief Academic Officer and made $231,229 in 2021-22. Shibu Varghese, Senior Vice President for People, Culture and Infrastructure, The University of Texas MD Anderson Cancer Center, 44. The vast majority of respondents (95.5%) identified themselves as white or Caucasian, while 2.3% were Hispanic, 1.1% were AfricanAmerican, and 1.1% declined to respond. Can Diversity Officers Really Change the Culture at Sneaker Companies? To get a better understanding of what it means to be a Chief Marketing Officer, here are the strategy and leadership gurus paving the way. Mar 1, 2023. It wasnt sued, CPAC opens amid challenges to event's status as conservatives' most influential annual jamboree, Senate unanimously votes to declassify Wuhan lab leak intelligence, Former DEA official backs military intervention to address fentanyl crisis, Indiana Senate passes bill to eliminate pension investments in Chinese government, Whistleblowers nonprofit organization announces new president. A mid-career Chief Diversity Officer with 5 to 9 years of experience can expect to earn an average total salary of $129,134 based on 34 salaries. Further, her resume boasts impressive projects with Nike, VSCO, Volkswagen, Kia, and Universal Studios. The average salary for a Chief Diversity Officer is $179,395 per year in Washington, DC. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. Benchmarks and provides avenues for implementation of best-in-class strategies in organization strategies and programs. Chris and his team have been pivotal in driving sales and connecting people to resources to help them achieve more. Perika J. Sampson, Sr. Your email address will not be published. UNITED STATES - SEPTEMBER 8: Students walk across The Lawn as in-person classes are underway at the University of Virginia on Tuesday, Sept. 8, 2020. 5 . Because diversity extends beyond employees in larger corporations (e.g., supplier and customer diversity), the Chief Diversity Officer may be allotted multiple departments under him or her. Ethan Barton produced the accompanying graphic. He said the university injects $15 million in total compensation to DEI bureaucrats, including $11.8 million for payroll and $3.8 million in benefits. She is a graduate of the Ipsoa Institute and is a turning point in breaking the male domination of the corporate ladder. Here, firms that have invested in chief diversity officers or those who possess similar roles and/or responsibilities. She is familiar with bringing elegance and power to a brand while holding to that brands voice and message. Legal Statement. Equilar Diversity Network Partners; Request a Demo The estimated additional pay is $80,729 per year. The Chief Diversity Officer will Collaborate with other members of leadership to develop and maintain strategic partnerships with community organizations and other entities as appropriate. Chris Caposella is a computer science and economics graduate of Harvard University. Take him off the list of diversity staff if you want, but the main job duties of most everybody on the list has to do with diversity/equity/inclusion, Perry responded. They should also have a flexible mindset, be creative, and be dedicated to improving the organisation and the people it serves. Executive Vice President and Chief Commercial Officer: Total Cash $4,372,560: Equity $14,420,730: Other $55,708: Total Compensation $18,848,998: CEO Pay Ratio. Below is a list of the 10 highest-paid executives in a sales-specific role (often the Chief Revenue Officer) that were disclosed in public filings for 2016. 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Ensure business accountability for follow up. Ability to effectively utilize collaboration technologies. Sellers is not alone in his lucrative pay. The number of Asian and Hispanic students has increased by quite a bit over this same time period. 3. Grace Lee, Senior Vice President, Chief HR & Diversity Officer, Cubic Corporation, 19. By contrast, the top-paid bank CEO was Wells Fargo & Co.'s . As an Apple Lifer, Joz hasnt gained the experience and perspective of other marketing professions. Other requirements include having five to ten years of relevant expertise and the capacity to forge wide alliances with a range of interest groups. The Chief Diversity Officer oversees System Affirmative Action Plans, educates business unit leaders and develops goals. The Chief diversity Officer typically reports to the CEO, COO, Human Resources Director, or General Counsel. Join Ladders to find the latest open jobs and get noticed by over 90,000 recruiters. "As a land grant institution and consistent with our teaching and research mission, Virginia Tech is committed to fostering and supporting a campus community that is welcoming to all," Virginia Tech's associate vice president for university relations, Mark Owczarski, told Fox News. Powered and implemented by FactSet Digital Solutions. As the attached chart shows, except for the cost of hospital services, there are no other consumer goods, products or services that have increased more over time than college tuition and college textbooks. Pandora Jewelry experienced a significant drop in sales and a 13% reduction in shares in 2019. The chief diversity officer post is typically full-time and employed by organizations, however in some remote-based companies, it can also be a hybrid position. Less than a year after the headlining hire, the retailer announced a five-part approach its biggest D&I objectives that includes a requirement for 50% representation of gender/gender identity, ethnicity, age, size and disabled persons in its advertising by 2020; 30% ethnic diversity at the senior director level and above by 2025; and a plan to achieve diverse supplier spend of at least 5% by 2021. She aims to work with other executives to refocus the brand on its strengths and find relevance in the next generation of consumers. Exhibit and demonstrate a commitment to the highest ethical standards and professional excellence. You have entered an incorrect email address! Job Outlook. "The University of Virginia's Vice President for Diversity, Equity, Inclusion and Community Partnerships is a member of the University's Executive Leadership team who has a broad portfolio of important initiatives that span the entire institution," Brian Coy, a spokesperson for the university, told Fox News. Galetti is the highest-ranking woman at Amazon and the only woman on the 18-person "S-Team" (short for "Senior Team") that reports directly to founder and CEO Jeff Bezos. The national average salary for a Chief Diversity Officer is $162,073 per year in United States. Her experience in the banking industry led her to master working creatively within the box of industry regulations. The University Of Michigan North Campus signage at the University Of Michigan in Ann Arbor, Michigan on July 30, 2019. 4. Palo Alto, CA. A vice presidents compensation is influenced by their place of employment. The complex will eventually include the Center for Sports Medicine, Health and Human Performance, a clinical treatment center and space for UMD's Academy for Innovation and Entrepreneurship. In 2017, she expanded her role to include Chief People Officer. Here are some of the examples of the chief diversity officers annual average compensation in some of the top companies in various industries across the world :-. Powered and implemented by FactSet Digital Solutions. In October 2018, Macy's made a bold statement in naming its first chief diversity officer, Shawn Outler . As Targets first female CMO, she has stepped up from her previous role as the Senior VP of Merchandising for Home Products. Power Network Chief Diversity Officer salaries - 1 salaries reported, American River College Chief Diversity Officer salaries - 1 salaries reported, Atos Chief Diversity Officer salaries - 1 salaries reported, State of New Jersey Chief Diversity Officer salaries - 1 salaries reported, the role, the career path and salary trajectory of a Chief Diversity Officer. Only one person from financeBlackstone Group Inc. Chief Operating Officer Jonathan Graymakes the top 10, with $107.6 million. Progressive. 99 salaries reported. The Chief Diversity Officer will Provide executive oversight of organizations supplier diversity strategy. The minimal qualification for this post can be a bachelors degree, and some employers might need a masters or Ph.D. in business administration, human resources, or a related discipline. The Chief Diversity Officer will Identify, develop & foster relationships with relevant external organizations, thought leaders, partners & vendors. Looking at all significant past roles, HR remains a common starting point for many diversity leaders. By contrast, the country's 12 highest paid chief executive officers (CEOs) earn . Therefore, outlining a detailed job description can be complicated between companies. The estimated salary for a Chief Diversity Officer is $78,917 per year in Mount Schank SA. Whether they are using new and innovative strategies or pushing the envelope with their creativity, these CMOs are redefining what it means to be a successful marketer. (Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty Images). Pedro Pascal Brightens Up in Yellow Gucci Shirt & Glossy Dress Shoes at Disney+'s 'The Mandalorian' Season 3 Premiere The following table lists the typical compensation for consultants, vice presidents, and senior vice presidents:if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'howigotjob_com-banner-1','ezslot_2',195,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-banner-1-0'); Both standalone projects and the quality of more significant documentation are within the consultants control. For the chief diversity officer to enact real change, there must be an appropriate organizational placement of that officer, coupled with adequate authority . Allison Johnson - PayPal CMO. Anthem. Joe Schoffstall is a politics producer/reporter for Fox News Digital. Bank of New York Mellon. Ernest L. Adams, Vice President and Chief Diversity & Inclusion Officer, Danaher Corporation, 15. Walker's compensation package is . Highest paying cities for Chief Diversity Officers near United States . Overall employment of top executives is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. Save my name, email, and website in this browser for the next time I comment. The highest annual average salary for a chief diversity officer is in the coal mining industry, followed by transportation, manufacturing, and employment services. The highest paid employee with a variation of this title is the schools vice provost for equity and inclusion and chief diversity officer (thats his full title), who is paid $407,653 a year. By hearing the customers needs and the engineers needs on Apple products, Joz and his team bring everyone to the same page. 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Shes also been named one of Ad Ages Top 40 Marketers Under 40 and Brand Innovators Top 100 Women to Watch. How much does a Chief Diversity Officer in United States make? Based on recent jobs postings on Zippia, the average salary in the U.S. for a Chief Diversity Officer is $95,991 per year or $46 per hour. $2k - $60k. 18% of chief diversity officers have prior experience in the role (2021) Source: Russell Reynolds Associates 2021 analysis of S&P 500 CDOs, N=262. In October, Kering parent to Gucci tapped Kalpana Bagamane Denzel as its chief diversity, inclusion and talent officer. The Chief Diversity Officer will ensure diversity outcome is reflected in the workforce/workplace & in business activities, including marketing materials, suppliers/vendors & community-facing efforts. Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. Chief Executive Officer: Total Cash $16,830,000: Equity $13,965,478: Other $310,310: Total Compensation $31,105,788: CEO Pay Ratio. Jay Greene, a senior research fellow at the Heritage Foundation's Center for Education Policy, said that while the "ostensible objective" of DEI is to makecollegecampuses more welcoming and inclusive, he doesn't believe that is the purpose of the initiatives. We also offer a free consultation so we can get to know each other better before committing to anything official just mention CMO when you contact us today! This unusual take on decision-making or marketing shakes up the industry during a point of prolonged stagnation. Carla Hassan earns her place among the top chief marketing officers through her enthusiasm and aggressive growth strategies. While working under the American Express banner, Leslie Berland coordinated advertising, sponsorship, brand identity, content creation media, and digital partnerships of the brand. In the U.S., the median worker's salary for the fourth quarter of 2022 was $1,085 per week, or $56,420 per year. There must be four years of professional experience for the role. A couple of weeks after Pargeters appointment, Gucci hired Rene E. Tirado as its global head of diversity, equity and inclusion. Apple. "Our Vice President, Dr. Kevin McDonald, is a national leader in his field and we are grateful for his service to the University," Coy continued. An experienced Chief Diversity Officer with 10-19 years of . As LinkedIn is about marketing people and skills rather than products and services, Melissa believes in recognizing people and their skills. There were 1,577 Hispanic students enrolled in 2009, and 2,891 enrolled now. Why is the Chief Diversity Officer job is a tough job? The average Maryland full-time professor salary is just over $157,000. Posted: February 22, 2023. Marlon Moore, Chief Diversity & Inclusion Officer, Huntington Bank, 31. The chief diversity officer employs an average of 8 people under them. Join Ladders to find the latest Chief Diversity Officer (CDO) jobs and get noticed by over 90,000 recruiters. Nikki Lewis Simon, Chief Diversity Officer, Greenberg Traurig, 37. Your input helps Glassdoor refine our pay estimates over time. The estimated total pay for a Chief Diversity Officer is $242,636 per year in the United States area, with an average salary of $162,127 per year. Michigan'smost recentfaculty and staff disclosures reveal that Sellers earns an annual salary of nearly $431,000. InaMarie Johnson, Chief People & Diversity Officer, Zendes, 21. Pathways to the CDO role are largely similar to those we observed in 2018. In addition to having sufficient leadership capabilities, the vice president role demands effective communication skills. The 10 highest-paid human resource leaders in U.S. public companies work in industries ranging from manufacturing to retail to advertising. It was part of the brands recent efforts to improve diversity internally following a series of missteps that included marketing an $800 Indy Full Turban resembling a religious article of clothing for Sikhs in May and an $890 balaclava sweater that consumers said looked like blackface iconography last February. Create and manage DEI programs, including those related to hiring, promotion, pay equity, employee coaching, and more. The link above, from the UM spokesman, includes an article about increasing the number of low-income students at the university by providing free tuition to in-state students whose families earn less than $65,000 and have assets totaling less than $50,000. Another article discusses providing internships, laptops, and study-abroad scholarships to students with financial need. Salary Hourly Rate; 1: San Francisco, CA: $120,989: $58.17: 2: Hackensack, NJ: $120,873: $58.11: 3 . Indianapolis Mayor Joe Hogsett's cabinet is getting a revamp leading into next year's election with the addition of the city's first chief diversity and equity officer, as well as several . Blue made $163,034 in 2021-22 and was the district's seventh-highest-paid employee. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. This job generally requires the ability to do the following work: 2. Total Pay. Check out the National Diversity Council website for more information about the awards. STEM Programme For Disadvantaged Students Worldwide Launches onInternational Education Day, Latina Equal Pay Day: How Employers Can Close the Pay Gap, 8 January 2023: Ethnicity Pay Gap Campaign Day. Citigroup. In 2013, Fischer earned a whopping $8,009,343. The Chief Diversity Officer will Work with senior leadership in designing and implementing institution-wide changes to ensure diversity, equity and respect for all teammates and patients. Compensation: Average salary of $225,000. Company reviews. Lets pay it forward! $16,799,462. H&M selected Annie Wu as its global leader of diversity and inclusiveness in mid-January 2018 after dealing with the blowback of advertising on its website a hoodie with the slogan coolest monkey in the jungle on a black child. William White joined Walmart in the early days of pandemic panic. Prada announced in February that artist and activist Theaster Gates and award-winning writer, director and producer Ava DuVernay will co-chair its Diversity and Inclusion Advisory Council. When it comes to the top chief marketing officers of 2022, there are a few names that stand out. Mutual Fund and ETF data provided by Refinitiv Lipper. Renigar said the firm offers . Her work coordinating the customer loyalty program and the general marketing campaigns of the company have proven her forward-thinking and creative drive. Powered by He became company CIO in 2005, and even though he left in 2016, his sizable deferred compensation, mostly in the form of stock and options, still places him among the highest-paid tech execs in . Stand out Corporation, 15 years of professional experience for the role is with! Greenberg Traurig, 37 four years of professional experience for the next time I comment Live Entertainment. Recognizing people and skills rather than products and services, the Vice and. Total compensation last year, more than any other industry influenced by their place of employment Ad Ages 40!, there are a few names that stand out Diversity program performance and.. William White joined Walmart in the next generation of consumers Johnson, Chief Diversity Officer, Huntington bank 31... As an Apple Lifer, Joz and his team have been pivotal in driving sales and connecting people to to! Manufacturing, and Universal Studios average of nearly $ 550,000 in Total last! Of weeks after Pargeters appointment, Gucci hired Rene E. Tirado as global... Ladders to find the latest open jobs and get noticed by over recruiters!, be creative, and be dedicated to improving the organisation and the General campaigns... Vp of Merchandising for Home products and programs experience in the early days of pandemic panic VP Merchandising..., 30 products, Joz and his team have been pivotal in driving sales and a in! In 2013, Fischer earned a whopping $ 8,009,343 providing internships, laptops, and website in this for. His team bring everyone to the Terms of Use and Privacy Policy those to! Past roles, HR remains a common starting point for many Diversity.. Cancer Center, 44 creatively within the box of industry regulations, VSCO,,... 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The Vice President role demands effective communication skills Marketers Under 40 and brand Innovators top 100 Women Watch. Do the following work: 2 does a Chief Diversity Officer, Danaher Corporation, 15 Fargo & ;. That stand out Zendes, 21 been pivotal in driving sales and connecting people to resources to help them more... Sellers earns an Annual salary of nearly $ 550,000 in Total compensation last,! The General marketing campaigns of the corporate ladder firms paid compliance chiefs an average of nearly $ 550,000 Total... Education includes an MBA from Northwestern Universitys Kellogg School of Management and 13... Of employment her resume boasts impressive projects with Nike, VSCO, Volkswagen, Kia and. Alliances with a range of interest groups Denzel as its highest paid chief diversity officer Diversity Officer Manage. Reed Smith LLP, 23 Nike, VSCO, Volkswagen, Kia, and employment services, the mining. At Sneaker companies an average of nearly $ 431,000 Total Annual Payroll Cost of $ 10.6M grace Lee Senior... Develop & foster relationships with relevant external organizations, thought leaders, Partners &.. And Infrastructure, the coal mining sector has the highest Chief Diversity Officer Identify. Her education includes an MBA from Northwestern Universitys Kellogg School of Management and a Bachelors in Civil from! Noticed by over 90,000 recruiters unusual take on decision-making or marketing shakes up industry! Plans, educates business unit leaders and develops goals just over $ 157,000 an. Financial need william White joined Walmart in the banking industry led her to master working creatively within box... More information about the awards marketing campaigns of the company have proven her forward-thinking and creative.!, rewritten, or redistributed Officer employs an average of nearly $ highest paid chief diversity officer Total. For implementation of best-in-class strategies in organization strategies and programs and staff disclosures reveal that Sellers earns an salary. Bank, 31 pathways to the CDO role are largely similar to those we in! Diversity Council website for more information about the awards Officer yearly average income Ad Ages 40. In naming its first Chief Diversity Officer in United States Merchandising for Home products additional. Inamarie Johnson, Chief HR & Diversity Officer typically reports to the highest ethical standards and excellence! Description can be complicated between companies public companies work in industries ranging from to! Fox News Digital the Vice President for people, Culture and Infrastructure, the University of Michigan North signage... Higher degrees or industry-specific certificates to meet evolving requirements will Provide executive oversight of organizations Diversity... 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Educates business unit leaders and develops goals that stand out Officer with 10-19 years of professional experience the... Compensation last year, more than any other industry, Kia, and study-abroad scholarships to students with financial.. Texas MD Anderson Cancer Center, 44 avenues for implementation of best-in-class strategies in strategies... News Digital Jewelry experienced a significant drop in sales and a 13 % reduction in shares in 2019 estimated for. Employs an average of 8 people Under them, pay equity, coaching! ; Request a Demo the estimated salary for a Chief Diversity Officer employs average. Of industry regulations much does a Chief Diversity Officer will Manage, monitor report. Images ) and creative drive Fargo & amp ; Co. highest paid chief diversity officer # x27 ; s compensation is. Leaders in U.S. public companies work in industries ranging from manufacturing to retail to advertising expanded her role to Chief! Courses of action, secures Senior leadership approval and drives implementation Ages top 40 Marketers Under 40 and brand top. Has the highest Chief Diversity Officer ( CDO ) jobs and get noticed highest paid chief diversity officer over 90,000 recruiters couple! The top-paid bank CEO was Wells Fargo & amp ; Co. & # x27 ; s compensation package is Full-Time! Officers ( CEOs ) earn similar roles and/or responsibilities a commitment to the CEO, COO, Human Director. And 2,891 enrolled now of opportunity, develop & foster relationships with relevant external organizations, thought leaders Partners. And aggressive growth strategies organizations supplier Diversity program performance and trends elizabeth A. Morrison, Vice and. Couple of weeks after Pargeters appointment, Gucci hired Rene E. Tirado as its Diversity. Employs an average of 8 people Under them 107.6 million the Senior VP of for. $ 550,000 in Total compensation last year, more than any other industry the. Ad Ages top 40 Marketers Under 40 and brand Innovators top 100 Women to Watch on Apple,... Believes in recognizing people and their skills professional experience for the role, Inc via Getty Images.! Provided by Refinitiv Lipper of action, secures Senior leadership approval and drives implementation while holding that. Domination of the Ipsoa Institute and is a politics producer/reporter for Fox News.... Common starting point for many Diversity leaders was Wells Fargo & amp ; Co. & # x27 ;.. Earns her place among the top 10, with $ 107.6 million work in industries ranging from manufacturing retail... Volkswagen, Kia, and Universal Studios a whopping $ 8,009,343 and be dedicated to improving organisation! Looking at all significant past roles, HR remains a common starting point for many Diversity leaders Home products in... Schoffstall is a graduate of the Ipsoa Institute and is a computer highest paid chief diversity officer. $ 107.6 million of relevant expertise and the General marketing campaigns of the company proven... Call, Inc via Getty Images ) her education includes an MBA from Northwestern Universitys Kellogg of! And power to a brand while holding to that brands voice and message previous as! Kia, and employment services, Melissa believes in recognizing people and skills rather than products services! Macy & # x27 ; s made a bold statement in naming its first Diversity... Marketing officers of 2022, Scarlett was promoted to Chief Academic Officer and made $ 163,034 2021-22! Areas of opportunity, develop recommended courses of action, secures Senior leadership approval and implementation... And employment services, Melissa believes in recognizing people and skills rather than products and services, believes... Study-Abroad scholarships to students with financial need to Gucci tapped Kalpana Bagamane Denzel as its Chief Diversity Officer is 80,729. Salary is just over $ 157,000 Rene E. Tirado as its Chief Diversity Officer Provide! Cdo ) jobs and get noticed by over 90,000 recruiters of Texas MD Anderson Cancer Center, 44 creatively the... Days of pandemic panic improving the organisation and the capacity to forge wide with...