As it sought to launch an effort to advance women in the company, American Express began by asking senior employees if they considered themselves ambitious and if they had ever publicly shared their desire to grow professionally.
"Unsurprisingly, our women told us 'yes, we're ambitious,' but what really surprised us is only a third of that group of women said they had ever publicly declared that ambition," Sonia Cargan, chief inclusion and diversity officer at American Express told Cheddar on Friday.
Internally, two years after asking those questions, more than 100 women have been promoted or entered the company at the executive level or above. Globally, women at the company are paid at parity to male counterparts, according to the company.
Now, Amex and the New York Women's Foundation will launch a joint program called "The Ambition Project" on International Women's Day March 8.
Part of the project’s goal is to create conversations both inside and outside the company to help women embrace and own their career goals.
"We want women to be ambitious for themselves and ambitious for others, whether that be for their professional life, personal life, or their communities," Cargan said.
Over the next year, the Ambition Project will share and spread blog posts and videos highlighting examples of success at all levels, host leaders and influencers to discuss professional growth, expand shadowing programs within the company, and publish research on the topic.
U.S. Nissan head Jérémie Papin joins from the New York International Auto Show to give a preview of what’s to come from the carmaker – including the 2025 Nissan Kicks.
Ed Mitzen, the CEO of Business for Good, explains how and why he’s giving back by funding businesses from marginalized entrepreneurs to push social change.
Dana D’Auria, co-CIO at Envestnet, breaks down how she’s expecting markets to perform as ‘cracks’ from the rate hike cycle slowly filter into the economy.
A large cargo ship lost power and issued a mayday call moments before it struck the Francis Scott Key Bridge early Tuesday, though it was still moving toward the span at a rapid speed.
Candace Mitchell Harris discusses her path from computer scientist to founder of beauty tech tool MYAVANA – and how it uses A.I. to analyze each person’s unique haircare needs.
Michael Harris, NYSE global head of capital markets shares what to expect from IPOs in 2024, including A.I. excitement and why interest rate cuts are always helpful.
Lacy Garcia, Founder & CEO of Willow, shares why women, traditionally underserved by fintech, are looking for trust and a personal relationship from their financial advisor.
Alexander Reed, CFA and CIO for Envisage Wealth, breaks down why he thinks rates could stay higher for longer and why real estate, utilities, and regional banks are sectors to avoid.
Big brands that have relied on TikTok videos to reach younger consumers do not appear to be panicking as they wait to see what happens. But they have started planning.