Marriott ranked in top 30 for women by National Association for Female Executives (NAFE)
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Marriott ranked in top 30 for women by National Association for Female Executives (NAFE)
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Category: Worldwide -
This is a press release selected by our editorial committee and published online for free on 2006-03-08
Marriott International, Inc. (NYSE:MAR) has been selected as one of the 2006 “Top 30 Companies for Executive Women,” by the National Association for Female Executives (NAFE), a major association for women professionals and business owners. Marriott is the only lodging company–and the only Washington, D.C. area company–on the list.
According to NAFE, to be included on this year’s list, the association looked beyond corporate programs and policies purportedly dedicated to advancing women, to results examining the number of women in the company overall, in senior management, and on its board of directors.
“There are simple–if not always easy–ways to make policies meaningful,” said Dr. Betty Spence, president of NAFE, founded in 1972 and owned by Working Mother Media, which also operates Working Mother and NAFE magazines. “Companies need to ask questions, listen carefully to their employees and make managers accountable. Only through a hard policy and employee audit can companies truly gauge how they're doing when it comes to the advancement of women. These 30 companies are models of excellence, great places to work and to run.”
“We are delighted to be named to this prestigious list and very proud to be recognized for successfully providing opportunities for talented women to help drive our company's growth,” said Brendan Keegan, executive vice president, human resources, Marriott International.
NAFE commended Marriott’s pledge to spend $1 billion with women- and minority-owned suppliers over the next five years and to double the number of hotels owned or franchised by women and minorities.
The association also noted that just over half of the company’s employees are women, as well as a third of its executives. Over the past six years (1998-2005), the percentage of women in executive positions has doubled, and almost half of the company’s managers are women.
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