Magazine touts company’s diversity efforts

Friday, June 17, 2005 | 11:03 a.m.

MGM Mirage has been named to Black Enterprise magazine's 30 Best Companies for Diversity list.

The list will be published in the magazine's June 28 edition. The magazine surveyed 1,000 of the nation's largest publicly traded companies and 50 top international companies with major U.S. operations to determine the top 30. The list doesn't rank the companies, but does rate them on corporate procurement or supplier diversity, corporate governance, total work force diversity and minority representation in senior management.

MGM Mirage excelled in the areas of supplier diversity, diversity in senior management and total workplace diversity.

In 2004 the company noted that 54.38 percent of its employees were minority and 31.16 percent of the company's managers were minority. However, following the merger with Mandalay Resort Group, the firm now has 28.6 percent minority managers. The firm is working to get the newly merged firm's diversity program back up to speed by Jan. 1, Terry Lanni, chairman and chief executive of MGM Mirage, said recently.

The firm also spent $77.4 million with minority, women and disadvantaged-owned suppliers in 2004. MGM Mirage has three black directors and one Hispanic director on the company's board.