Hilton Hotels Corp. Named By Fortune As One Of The Top 50 Companies For Minorities

Hilton Hotels Corp. (NYSE:HLT) has been named by Fortune magazine as one of America`s top 50 companies for minorities.

Hilton, which currently employs nearly 74,000 team members, is the largest hotel owner to be included in the “Top 50” list, which is featured in Fortune`s July 10 issue.


With this recognition, Hilton joins an impressive list of major U.S. companies, including Xerox, Chase Manhattan Corp., Lucent Technologies and Allstate, which, according to Fortune, “have made an extraordinary commitment to diversity at every level.”


Fortune`s editors made particular note of Hilton`s senior-level management emphasis on diversity, citing the fact that the company`s senior vice president-diversity, Dorothy Hayden-Watkins, reports directly to President and Chief Executive Officer Stephen F. Bollenbach. The magazine also noted that 62 percent of the company`s new hires during 1999 were minorities.


The magazine compiles the listing by surveying Fortune 1000 companies and the top 200 privately held U.S. companies. Survey respondents are evaluated on their diversity efforts in a number of key areas such as minority representation on boards of directors and other executive positions, work-force diversity, minority recruitment and retention, supplier diversity and diversity training.

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“It is gratifying that Fortune has acknowledged not only our diversity efforts but also our achievements,” said Hayden-Watkins.


“The accomplishments being recognized here are a direct result of Hilton`s president and chief executive officer, the board of directors and numerous others making diversity a top priority for our company, and the corporate will to completely implement this diversity initiative. We fully expect ongoing progress and achievements.”


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