DEI - Billionaire Investor Bill Ackman Grilled By Wall Street Executives For Anti-DEI Views: Report | Benzinga
The billionaire investor Bill Ackman faced a severe rebuke from Wall Street executives over his anti-diversity, equity, and inclusion stance at a private session during the Milken Institute Global Conference.
What Happened: At the invite-only panel, Ackman was confronted by around 40 senior executives, including people of color, for his public opposition to DEI initiatives, reported Bloomberg on Friday citing five attendees.
The executives criticized Ackman for his views, which they deemed detrimental to the advancement of women and people of color in the U.S.
According to the report, the discussion lasted for about an hour, with the panelists and audience members expressing their concerns about Ackman’s stance. The event was part of a series on DEI at the Milken Institute Global Conference.
Despite being a vocal critic of DEI, Ackman has been known for his efforts to support diverse talent and businesses. The panelists urged him to reconsider ...