February 17, 2021 – Black advancement organization the Executive Leadership Council has named Michael Hyter, the former chief diversity officer of Korn Ferry, as its new president and CEO. He succeeds Crystal Ashby, who served as interim president and CEO for the last 14 months. Mr. Hyter had won attention last June by being named Korn Ferry’s first-ever chief diversity officer, a tangible sign that Korn Ferry and the executive search industry were committed to fostering diversity in its ranks. “I really do see this role as an extension of my professional ministry,” he said at the time, “and I see it as something I’ve been preparing for unknowingly my entire life.”
Lloyd Brown, board chair of the Executive Leadership Council and corporate community reinvestment act officer for Citigroup, welcomed Mr. Hyter to his organization. “On behalf of our more than 800 members around the world, I am very pleased to welcome Michael Hyter as president and CEO,” he said. “Mike’s demonstrated track record of advocating for black excellence in corporate America and innovating measurable diversity and inclusion strategies to improve corporate governance and performance is inspiring.”
2021 Diversity, Equity & Inclusion Recruiting Report:
Building a Balanced and Diverse Workforce
Hunt Scanlon Media’s latest market intelligence recruiting report – this time focused on Diversity, Equity & Inclusion – will be available later this fall! The nation’s top executive recruiters are resetting expectations and looking for new ways forward to build balanced and diverse workforce teams for their clients.
According to executive recruiters, DE&I should not just be a priority, but an integrated part of every company’s leadership goals. Some companies have even tied DE&I metrics to executive compensation. But it’s more than that.
Part of building strong, diverse hiring teams means asking yourself: “Who is my company culture going to attract – and how will it engage people who are here?” This question can be very difficult to answer if you assume everyone feels welcome already just because you do. Fostering diversity, equity and inclusion within organizations is more than just the right ethical decision. “It is one of the best business decisions a company can make,” said Keri Gavin, a partner with Hanold Associates and leader of the search firm’s Global Diversity, Equity & Inclusion practice. Hanold Associates is a proud sponsor of this year’s report. This report will help organizations prioritize DE&I as a business imperative that drives greater competitiveness, innovation and business results. Get it now!
Mr. Hyter brings more than 25 years of consulting and executive experience in diversity and inclusion and leadership development. After joining Korn Ferry in 2012, he played a key role in building Korn Ferry’s D&I practice. Mr. Hyter also previously led Korn Ferry’s Washington, D.C. office, overseeing a $60 million operation with 120 team members.
Prior to that, he spent 11 years at D&I consultancy Global Novations (acquired by Korn Ferry), where he served as president, managing partner and board director. Mr. Hyter was responsible for global operations and a $40 million business with 250 staff. He also oversaw mergers and acquisitions, performance management, budgeting, and competitor analysis. Before that, Mr. Hyter was a managing partner at J. Howard & Associates, a professional training and coaching firm. He holds a bachelor’s degree in human resources management from Michigan State University.
A successful author, Mr. Hyter’s most recent publication is The Power of Choice: Embracing Efficacy to Drive Your Career. He is also co-author of The Power of Inclusion: Unlock the Potential and Productivity of Your Workforce. He has published extensive articles in publications including the Handbook of Business Strategy, Director’s Monthly, Profiles in Diversity Journal, and Inc. Mr. Hyter was recognized by Savoy Magazine in 2016 and 2018 as one of the most influential blacks in corporate America.
Positive Impact On Black Executives
“As an advisor to corporations, boards, and CEOs, I have seen firsthand the Executive Leadership Council’s positive impact on black executives, the black talent pipeline, and the communities we serve,” said Mr. Hyter. “It is an honor to begin my leadership tenure as the Executive Leadership Council turns 35, at a time when our purpose and impact have never been more relevant and urgent.”
Founded in 1986, the Executive Leadership Council is a Washington, D.C.-based non-profit dedicated to increasing the number of global Black executives in C-suites, boards, and enterprises. The organization’s membership is composed of 800 current and former black CEOs, executives, board directors, and entrepreneurs.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media