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Goldman Sachs, MetLife To Publicly Disclose Staff's Race, Gender

DOW JONES NEWSWIRES Goldman Sachs Group Inc. (GS) and MetLife Inc. (MET) will publicly disclose the race and gender of their U.S. work force across major job categories, including senior management, under an agreement with New York City Comptroller John C. Liu and the New York City Pension Funds. In recent months, the comptroller and the pension funds have asked several major financial services and advertising firms to make their workforce demographics publicly available as part of an ongoing effort to expand opportunities for management-level jobs at the firms to women and minorities. Federal law currently requires companies with 100 or more employees to annually submit an Employer Information EEO-1 survey, which is used to provide federal agencies with potential indications of discrimination to support civil rights enforcement. Goldman Sachs will disclose the data in its Environmental, Social and Governance Report to be posted on its website in June, while MetLife will publish the data to the relevant page of its website later this spring, the comptroller said in a release. "We believe that Goldman has made significant strides on improving the diversity of our work force, and we are committed to doing even better going forward," said Global Head of Corporate Communications at Goldman Sachs Jake Siewert in the release. Frans Hijkoop, MetLife executive vice president of human resources, said, "A diverse and inclusive work force has been an ongoing focus for MetLife, and we have made steady progress over the years." The latest agreements mean the seven largest bank holding companies in the U.S. will disclose the composition of their domestic workforce. The comptroller's office said it also had preliminary discussions with insurance giant American International Group Inc. (AIG), which has committed to follow-up discussions. The comptroller's office said it has faced greater resistance from the advertising industry. Comptroller Liu initially made the disclosure request in a letter to four advertising firms: Interpublic Group Of Cos. (IPG), Omnicom Group Inc. (OMC), Publicis Groupe S.A. (PUBGY, PUB.FR) and WPP PLC (WPPGY). -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Wpp (WPPGY)
DateTimeHeadline
05/22/201513:55:56Report of Foreign Issuer (6-k)
05/22/201504:04:02WPP's Chinese Unit Buys Singapore Based Marketing Firm 3ree
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05/20/201517:30:42Report of Foreign Issuer (6-k)
05/20/201516:00:05Report of Foreign Issuer (6-k)
05/19/201515:39:25Report of Foreign Issuer (6-k)
05/19/201508:36:18WPP's Unit Grey Healthcare Group Buys Minority Stake in PARx
05/19/201508:03:00Ogilvy & Mather Worldwide Chief Creative Officer Tham Khai Meng...
05/19/201505:52:47WPP Launches New Sports Rights Agency
05/19/201504:18:36WPP Buys Majority Stake in Sports Marketing Agency Two Circles
05/18/201516:03:14Report of Foreign Issuer (6-k)
05/15/201515:36:00AdPeople PSA wins "Ad of the Week" from The Drum
05/14/201518:31:00John Lynn Named Regional Director of Y&R and Wunderman Latin...
05/13/201516:27:00Report of Foreign Issuer (6-k)
05/11/201518:33:00Y&R Singapore Appoints Komal Bedi Sohal as Chief Creative Officer
05/11/201510:00:00Monica Lewinsky to Stand Up for the Cyberbullied at Ogilvy...
05/06/201515:14:44Report of Foreign Issuer (6-k)
05/06/201508:00:00Ogilvy Public Relations Expands Latino And Spanish-Language Expertise...
05/04/201512:13:00Burson-Marsteller Appoints Jorge Ortega Executive Vice President...
05/01/201513:58:04Report of Foreign Issuer (6-k)

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