As part of the trip, JPMorgan Chase Chairman and CEO Jamie Dimon checked in on a multimillion-dollar investment in local students that has since grown even...
to discuss racial equity initiatives as well as the Texas economy. The conversation has been edited for clarity and length.
So it started internally. We looked at all the numbers of diversity, and we were doing a very good job growing Asian, Hispanic, LGBT, but not a very good job growing Black. So we set up a separate effort, and when big companies make something separate, it actually works. We put people in where that’s their only job, increasing Black executive directors and managing directors, and they’re up 50% or 60% since then, so it works.
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