Top Selling Pharmaceutical Companies Ranked According to Diversity in Executive Leadership

Primary tabs

Top Selling Pharmaceutical Companies Ranked According to Diversity in Executive Leadership

tweet me:
.@DiversityFirst ranks top selling pharma companies based on diversity in exec. leadership. See who made the mark: http://ow.ly/OknA305gJmD

Multimedia from this Release

Tuesday, October 18, 2016 - 10:00am

CONTENT: Press Release

HOUSTON, October 18, 2016 /3BL Media/ - The National Diversity Council is proud to present “Leading While Diverse: The Case for Diversity in Corporate Governance,” a comprehensive research report ranking top pharmaceutical companies based on their diversity in executive positions and boards of directors. The reputation of multinational pharmaceutical companies is currently one of the lowest, second only to health insurance companies. This report presents a business case for the importance of improving diversity in executive leadership.

“This type of report is long overdue in the pharmaceutical industry,” said Dennis Kennedy, Founder and Chair of the National Diversity Council. “Bringing attention to the need for diversity and increasing inclusion efforts in global market leadership will make an immense contribution to overall success in business.”  

The National Diversity Council ranks the 25 top selling pharmaceutical companies based on the inclusivity of women and people of color. The comprehensive data breakdown focuses on leadership in relation to (1) white women; (2) women of color; (3) people of color and (4) white men. An in depth analysis of their top leadership positions reveal which companies make the diversity mark and which companies fall short.

Using a census-based biographical approach, the National Diversity Council analyzed the diversity at the top of each company. Abbvie, Merck U.S.A, and Eli Lilly toped the list for People of Color Diversity and Inclusion Rankings (PIDR). Each company’s score was based on people of color on the board of directors and in executive positions. Abbvie claimed the top spot with a 29.2% PIDR. Merck U.S.A and Eli Lilly followed with a 24.2% and 18.2% ranking, respectively.

Gender Inclusion is also a major factor in ranking the diversity in the pharmaceutical industry. In order to calculate the Gender Diversity and Inclusion Ranking (GDIR), the National Diversity Council identified the number of women on the board of directors and in executive positions. Novo Nordisk surpassed all other companies with a 33.2% GDIR. AstraZeneca trailed closely with at 32.3% followed by Eli Lilly at 29.9%.

The National Diversity Council hopes that this type of report will not only make companies aware of where they stand, but encourage them to make a conscious effort to increase diversity within their organizations. The report offers a number of recommendations such as building and maintaining stronger networks and relations with associations that promote the advancement of historically marginalized groups. These recommendations suggest that this type of improvement will assist pharmaceutical companies with maintaining a competitive edge and enhancing their brand for many years to come.

For more information or to purchase “Leading While Diverse” please contact Lucy Carrillo at lucy.carrillo@nationldiversitycouncil.org

Companies surveyed in this research include:

Abbive

North Chicago, IL, 
USA

Actavis/Allergen

Dublin,
Ireland

Amgen

Thousand Oaks, CA,
USA

Astellas

Tokyo, 
Japan

AstraZeneca

London,
UK

Baxter

Deerfield, IL,
USA

Bayer

Leverkusen, 
Germany

Biogen Idec

Cambridge, MA, USA

Boehringer Ingelheim 

Ingelheim am Rhein, 
Germany

Bristol-Myers Squibb

New York, NY,
USA

Daiichi Sankyo

Tokyo,
Japan

Eli Lilly

Indianapolis, IN, 
USA

Gilead Sciences

Foster City, CA,
USA

GSK GlaxoSmithKline

London,
UK

Johnson-Johnson

New Brunswick, NJ, 
USA

Merck

Kenilworth, NJ, USA

Merck KGaA

Darmstadt, Germany

Novartis

Basel,
Switzerland

Novo Nordisk

Bagsvaerd,
Denmark

Otsuka (OAPI-American)

Tokyo/Princeton, NJ,
USA

Pfizer

New York, NY,
USA

Roche

Basel,
Switzerland

Sanofi

Paris,
France

Takeda

Osaka Prefecture,
Japan

Teva Pharmaceutical Industries

Petah Tikva,
Israel

About the National Diversity Council
A non-profit organization committed to fostering a learning environment for organizations to grow in their knowledge of diversity. The council affords opportunities for organizations to share best practices and learn from top corporate leaders in the areas of diversity and inclusion.

More information about the National Diversity Council is available at www.nationaldiversitycouncil.org.

Media Contact:
Dennis Kennedy
Founder & Chair
National Diversity Council
Dennis.Kennedy@NationalDiversityCouncil.org