VF Corporation Named by Seramount as One of the 2023 Best Companies For Multicultural Women
DENVER – JUNE 14, 2023 — VF Corporation (NYSE: VFC), a leading portfolio of active-lifestyle brands, has been named one of the 2023 Best Companies for Multicultural Women by Seramount, part of EAB. This honor recognizes the top 80 companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States. The complete list can be found here.
“We are honored to be named as one of the 2023 Best Companies for Multicultural Women by Seramount,” said Lauren Guthrie, Vice President of Global Inclusion, Diversity, Equity and Action & Talent Development. “This recognition demonstrates progress against VF’s commitment to hire, promote and retain diverse associates, as well as create a culture of belonging.”
Since 2003, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks. This year’s survey continued to assess progress for women by specific racial/ethnic group as well as factors influencing that progress, including mental health, anti-racism progress, and participation in mentoring and sponsorship programs.
“Corporations continue to make progress in recruiting, retaining, and promoting multicultural women,” said Subha V. Barry, President of Seramount. “While there is still work to be done to increase representation numbers, we applaud the efforts made in building inclusive workplaces through the implementation of strong career pathing initiatives and diversity, equity, and inclusion (DEI) programs. These policies will enable organizations to attract this critical talent pool.”
Methodology
The Best Companies for Multicultural Women application includes close to 600 questions on representation; hiring, attrition, and promotion rates; recruitment, retention, and advancement programs; and company culture. Seramount’s scoring algorithm is based on the previous year’s benchmark results, which then determine the winners.
About VF Corporation
Founded in 1899, VF Corporation is one of the world’s largest active-lifestyle companies which connects people to the activities and experiences they cherish most through a portfolio of outdoor, active, workwear and streetwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit vfc.com.
About Seramount
Seramount, part of EAB, is a strategic professional services and research firm dedicated to advancing diversity, equity, and inclusion in the workplace. Over four decades, partnering with more than 450 of the most iconic companies in the world, we’ve built a deep, data-driven understanding of the employee experience, which lays the groundwork for everything we do. We meet each partner’s needs no matter where they are on their journey and guide them along an ever-changing talent landscape. Learn more at www.seramount.com.
# # #
VF Corporation Media Contact:
Colin Wheeler
Vice President, Corporate Communications
Corporate_Communications@vfc.com
Seramount Media Contact:
Stefanie McNamara
Seramount
stefanie.mcnamara@seramount.com
Released June 14, 2023