Peak virtue signalling with 5 out of 8 Senior Executives being women. Should we start calling this misandry now. All this while women across the firm benefit from early promotions and better bonuses due to their gender.
https://www.bp.com/en/global/corporate/who-we-are/board-and-executive-management/leadership-team.html
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So this means that any firm where more than half the executives are white men are misogynist?
If you'll agree that any firm with more than 50% white male executives are disasters, I'll agree BP is too.
I'm sure an oil and gas company having 5 out of their 8 senior executives being women happened completely organically bro!
Why shouldn't it be organic? Please, do explain why a board with 5 women is inherently less competent or deserving than a board with 5 men.
Dude is just looking at random boardrooms trying to find ones with lots of women, so he can get offended.
I'm offended he was offended.
I swear it’s always interns and analysts with the worst takes in this forum
There is no doubt the current hiring and promoting practices across almost all industries in the UK more or less gives preferential treatment to women, this is especially the case for big corporations which are either obligated or under big pressure from the government (e.g., FTSE female leadership review, Women in Finance Charter etc) and some institutional investors (e.g., foreign sovereign funds, pension funds etc) to increase female representation at senior level and close the earning gap which in reality often leads to gender quotas and as you’ve mentioned, extra bonus for being a woman. This practice is asymmetrical, as men in female dominated industries could not receive any of the benefits women receive in male dominated industries.
I am not a fan of Nigel Farage or Reform, but he’s not wrong about middle aged white men losing their jobs over DEI, and I would like to add, young men freshly entering the job market as well, are denied opportunities under this political climate. Its is also misleading to equate DEI with race, because in reality the vast majority of DEI beneficiaries are white women from privileged backgrounds.
Also the 'well-to-do' upper middle class kids of the respective minorities that the company's schemes may be trying to target.
I.e the kids that would have been fine anyway
That’s the exception and not the norm. However, white women occupying majority of DEI seats is the norm and these seats are almost ~50% across the board.
I agree that in the UK’s DEI system, white men are the bottom of the hierarchy. However, from what I’ve observed, Asian men in finance and consulting tend to cluster in quants, programming, AI and other more technical and maths intense roles which are not where DEI or nepo candidates are usually inserted.
Nailed it. From day 1, I have been saying this. The hate towards DEI is reserved for colored folks even though Brown / Asian / Arab men aren’t part of any DEI streams.
Data clearly shows main beneficiary of DEI are women, especially “white” women but you won’t see a word against gender quotas which is most prevalent form of DEI. Probably because of the “white” part.
True. In the US, ethnic minority men who are not covered by DEI have it worst, as they have to compete with white men for the scarce slots left for non-diversity candidates but often times lack the cultural fit and network some white men have. In the UK, ethnic minority men are covered under BAME and thus are included in some schemes that advance ethnic minorities such as the Race at Work Charter, that means ethnic minority men rank higher than white men in the UK’s DEI system, but realistically the benefits would be small, and I agree ethnic minorities attract disproportionate amount of hate for it.
Well, it is what it is and changes are unlikely to occur in near future (if reform got into power, then maybe). The only solution is to ignore all this, work hard, build good relationships, and know you can be proud when you make it despite these odds stacked against you.
Meg is considered the most shareholder friendly CEO in the business and BP had to work very hard at the behest of near activist shareholders to get her.
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