Wall Street's latest DEI move sparks fresh controversy: 'They have decided not to care'

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Wall Street's latest DEI move sparks fresh controversy: 'They have decided not to care'

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Corporate America is increasingly hiring - or rehiring - middle-aged white men to fill its CEO positions. After calls for increased diversity among the leadership roles in America's largest companies, it appears that movement is now reversing. Companies including CVS and Starbucks have recently replaced their chief executives - a white woman and an Indian-American man, respectively - with white men. Sportswear company Under Armour replaced its female CEO with a man this past spring, while two white men are currently tasked with choosing the next boss at Disney.
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