CEO David McCormick was recently named to INvolve’s 2021 “Top 35 Advocates List,” recognizing his efforts to champion women in business and diversity and inclusion, more broadly — by instituting policies and structural, systemic changes that promote gender equity in the workplace.
Throughout David’s career the advancement of women has been deeply personal to him — as a public servant focused on getting the best out of his team, as a business executive responsible for developing the next generation of leaders, and as a father of six daughters with his wife Dina Powell McCormick. A graduate of the United States Military Academy and veteran of the first Gulf War, he later received his PhD from Princeton and went on to serve as the Undersecretary of the Treasury during the financial crisis. Ten years ago he signed an amicus brief in support of marriage equality, and he has long championed increased access to the American dream via immigration and veteran’s employment.
When David became Co-CEO of Bridgewater in 2017, he launched the company’s first Diversity, Equity, and Inclusion initiative. The initiative remains a top strategic priority as CEO for which David has created a full-time team and senior advisory council to drive it, in addition to appointing the firm’s first Chief Diversity Officer. Under his tenure, the firm has instituted annual pay equity reviews by an independent third party; set up its first affinity networks, including the Women's Influence Network; implemented equal and fully paid parental leave as well as coverage for egg freezing, IVF, surrogacy, adoption, and gender transitions; and ensured gender representation was a key selection criterion in designing a new governance structure for the firm, growing the number of women in senior leadership. Beyond these structural changes, David has championed empathetic leadership and fostering a culture of inclusion across Bridgewater.
Learn more about David’s recognition here: https://heroes.involverolemodels.org/poll/2021-top-35-advocates/