Alternative investment manager Blackstone announced the appointment of Devin Glenn as Global Head of Diversity, Equity and Inclusion (DEI). In her new role, Glenn will implement policies and initiatives aimed at the creation of a more diverse and inclusive work environment at Blackstone and its portfolio companies.
Paige Ross, Global Head of Human Resources, said:
“We’ve long been committed to increasing diversity, equity and inclusion at the firm. In recent years, we’ve expanded our recruiting pipeline, introduced new programs to increase engagement and retention of employees and set goals for more diverse boards. I’m thrilled to welcome Devin to the firm as we continue to push ourselves to be a leader in this area.”
Prior to joining Blackstone, Glenn held various positions related her current position: She spent 15 years at global law firm Skadden, Arps, Slate, Meagher & Flom LLP, most recently serving as Assistant Director of Diversity, Equity, and Inclusion, with responsibility for increasing awareness of the firm’s global diversity, equity and inclusion strategy, executed recruiting, retention and client development initiatives. She also launched a diversity pipeline program for high-potential first-year law students.
Blackstone’s workplace diversity practice is targeting at least one-third diverse representation on portfolio company boards for new control investments in the U.S. and Europe. The company is also running multiple early-pipeline programs to educate students about the firm and create more opportunities. With the launch of Career Pathways program, the company is committing to creating employment opportunities at its portfolio companies for people from underserved communities. In addition, Blackstone recently announced a $40 million investment to expand from 30 to 75 campuses in the next five years, focusing on universities with diverse populations.
“I look forward to helping Blackstone continue to integrate DEI principles into the workplace culture and the various talent and business functions, and also ensure that we leverage its expansive platform to promote diversity, equity and inclusion in the industries and communities it serves. The firmwide commitment has impressed me and I’m excited about what we can accomplish in the coming months and years.”