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Page 1: There’s never a wrong time to do the right thing.€¦ · Partnership for New York City. Partnership Response_NYT Full Page_NP_R10 Size: 11.55” x 21” There’s never a wrong

Partnership for New York City Partnership Response_NYT Full Page_NP_R10

Size: 11.55” x 21”

There’s never a wrong time to do the right thing.

Partnership for New York Citypfnyc.org

Open Letter From Leaders of the Partnership for New York City,

The business community shares the outrage of our fellow New Yorkers over continued racial injustice in America, reflected in the needless killing of George Floyd and, more broadly, the disproportionate impact of the COVID-19 pandemic on communities of color. As employers and business leaders, we commit to help address conditions that have led to these tragic outcomes.

The COVID-19 pandemic is a further reminder of significant shortcomings in our health, education and economic systems. These shortcomings have hit communities of color in our city disproportionately hard. This experience has shown once again the vital role these communities play in every aspect of our city, including as healthcare providers and other essential workers.

Within our companies and publicly, we are reasserting our commitments to diversity and inclusion among our boards, executive leadership and our entire workforce. As members of the Partnership for New York City, we are supporting programs to ensure that the city’s public school students gain the skills and career opportunities required to achieve economic equality and helping racially diverse entrepreneurs and small businesses survive and rehire workers as quickly as possible.

Throughout the crisis, we have extended philanthropic support to hospitals, food pantries, cash relief programs, social service organizations and many other charities. But no amount of philanthropy can make up for the divisions in American society that the pandemic has exposed and deepened.

By speaking out, we intend to send a message of hope to young New Yorkers who are acting out their frustration, fears and anger on the city streets. Let’s work together to achieve racial equality and a safe, law-abiding society.

New York has prided itself on being the world’s most open and inclusive city, attracting top talent from everywhere to build lives, careers and businesses here. But these opportunities have not been equally accessible to young people of color who have grown up and attended school in our poorest neighborhoods. In our post-pandemic city, that must change, and we are committed to help make that happen.

Sincerely,Mercedes Abramo, President & CEO, North America, CartierLee S. Ainslie, III, Managing Partner, Maverick CapitalEllen Alemany, Chairman & CEO, CIT Group Inc.Leo Argiris, Chief Operating Officer, Americas Region, ArupJeffrey Aronson and Mark T. Gallogly, Managing Principals, Centerbridge PartnersRobert M. Bakish, President & CEO, ViacomCBS Inc.Ajay Banga, Chief Executive Officer, MastercardNeil Barr, Managing Partner, Davis Polk & Wardwell LLPCandace K. Beinecke, Senior Partner, Hughes Hubbard & Reed LLPCharles R. Bendit, Co-Chief Executive Officer, Taconic Investment Partners LLCStephen Berger, Chairman, Odyssey Investment Partners, LLCWilliam H. Berkman, Co-Chairman & CEO, Digital Landscape Group, Inc.Torry Berntsen, Chief Executive Officer, Americas & Head of Corporate and Institutional Banking, Standard Chartered BankDavid J. Beveridge, Senior Partner, Shearman & Sterling, LLPFrank J. Bisignano, President and Chief Operating Officer, FiservLeon Black, Chairman & CEO, Apollo Global Management, Inc.Michael W. Blair, Presiding Partner, Debevoise & Plimpton LLPJeff T. Blau, Chief Executive Officer, The Related Companies, L.P.Kathy Bloomgarden, Chief Executive Officer, Ruder Finn, Inc.Adam M. Blumenthal, Managing Partner, Blue Wolf Capital PartnersNeil Blumenthal and Dave Gilboa, Co-Founders & Co-CEOs, Warby ParkerMichael C. Bodson, President & CEO, The Depository Trust and Clearing CorporationJohn Borthwick, Founder & CEO, BetaworksAlbert Bourla, Chairman & CEO, Pfizer Inc.Gregory B. Braca, President & CEO, TD Bank, N.A.John Bruckner, President, NY, National Grid Tory Burch, Chairman, CEO & Designer, Tory Burch LLCMartin S. Burger, Chief Executive Officer and Larry Silverstein, Chairman, Silverstein Properties, Inc.Gregory C. Case, Chief Executive Officer, Aon plcRic Clark, Chairman, Brookfield Property GroupH. Rodgin Cohen, Senior Chairman and Joe Shenker, Chairman, Sullivan & Cromwell LLPMarc Cooper, Chief Executive Officer, PJ Solomon, L.P.Michael L. Corbat, Chief Executive Officer, CitigroupDavid Craig, Chief Executive Officer, RefinitivJoseph C. Davis, North America Chairman, The Boston Consulting Group, Inc.Todd C. DeGarmo, Chief Executive Officer, STUDIOS ArchitectureJim Dinkins, President, Coca-Cola North AmericaToby Dodd, President, New York Tri-State, Cushman & Wakefield, Inc.William R. Dougherty, Chairman, Executive Committee, Simpson Thacher & Bartlett LLPLynne Doughtie, U.S. Chairman & CEO and Paul Knopp, CEO-Elect and Chair-Elect, KPMG LLPBrian Duperreault, Chief Executive Officer, American International Group, Inc.Douglas Durst, Chairman, Durst Organization Inc.Richard Edelman, President & CEO, EdelmanScott A. Edelman, Chairman, Milbank LLPBlair W. Effron, Co-Founder, Centerview Partners LLCJoel S. Ehrenkranz, Partner and Co-Founder, Ehrenkranz Partners L.P.Douglas F. Eisenberg, Founder & CEO, A&E Real Estate, LLCSteven Ellis, Chairman of the Firm, ProskauerCathy Engelbert, Commissioner, WNBAEric Eve, Chief Executive Officer, Ichor Strategies LLCAlexander Farman-Farmaian, Vice Chairman, Portfolio Manager, Edgewood Management LLCZiel Feldman, Chairman & Founder, HFZ Capital GroupJoseph R. Ficalora, President & CEO, New York Community Bancorp, Inc.Laurence D. Fink, Chairman & CEO, BlackRock, Inc.Peter Finn, Founding Partner, Finn PartnersWinston C. Fisher, Partner, Fisher BrothersAlan H. Fishman, Chairman, Ladder Capital Finance LLCJohn Foley, Founder & CEO, PelotonWilliam E. Ford, Chief Executive Officer, General Atlantic LLCBethlam Forsa, Chief Executive Officer, Savvas Learning CompanyPaul Fribourg, Chairman & CEO, Continental Grain CompanyAdena Friedman, President & CEO, NasdaqEric J. Friedman, Executive Partner, Skadden, Arps, Slate, Meagher & Flom LLPJeff Gennette, Chairman & CEO, Macy’s, Inc.Daniel Glaser, President & CEO, Marsh & McLennan Companies, Inc.

Timothy Gokey, Chief Executive Officer, Broadridge Financial Solutions, Inc.Perry Golkin, Chief Executive Officer, PPC Enterprises LLCAlex Gorsky, Chairman & CEO, Johnson & JohnsonBarry M. Gosin, Chief Executive Officer, Newmark Knight FrankPeter T. Grauer, Chairman, Bloomberg LPJonathan N. Grayer, Chairman & CEO, Weld North LLCDavid J. Greenwald, Chairman, Fried, Frank, Harris, Shriver & Jacobson LLPKelly Grier, U.S. Chairman & Americas Managing Partner, Ernst & Young LLPStewart K. Gross, Managing Director, Lightyear CapitalRobin Hayes, Chief Executive Officer, JetBlue Airways CorporationRisa Heller, President, Risa Heller CommunicationsH. Dale Hemmerdinger, Chairman, Atco Properties & Management, Inc.Jonathan S. Henes, Partner, Kirkland & Ellis LLPJames H. Herbert, II, Founder, Chairman and CEO and Hafize Gaye Erkan, President and Board Member, First Republic BankLeslie Wohlman Himmel, Managing Partner, Himmel & Meringoff Properties, Inc.Barbara Humpton, President & CEO, Siemens USADonna Imperato, Chief Executive Officer, BCWFrederick J. Iseman, Chairman & CEO, CI Capital Partners LLCJeremy Jacobs, Chairman, Delaware North Companies, Inc. and Owner, Boston BruinsKenneth M. Jacobs, Chairman & CEO, Lazard LtdJohn Josephson, Chairman & CEO, SesacBrad S. Karp, Chair, Paul, Weiss, Rifkind, Wharton & Garrison LLPCharles R. Kaye, Chief Executive Officer, Warburg Pincus LLCAnthony S. Kendall, Chairman & CEO, Mitchell & Titus, LLPHenry R. Kravis, Co-Chairman & Co-CEO, Kohlberg Kravis Roberts & Co.Philip Krim, Founder & CEO, CasperJeremy M. Kroll, Co-Founder & CEO, K2 IntelligenceWilliam P. Lauder, Executive Chairman, The Estée Lauder Companies, Inc.Rochelle B. Lazarus, Chairman Emeritus, Ogilvy & Mather WorldwideKewsong Lee, Co-Chief Executive Officer, The Carlyle GroupRichard S. LeFrak, Chairman & CEO, The LeFrak OrganizationJoey Levin, Chief Executive Officer, IACAllan Levine, Chairman & CEO, Global Atlantic Financial CompanyJeffrey E. Levine, Chairman, Douglaston DevelopmentRobert A. Levine, Chief Executive Officer, RAL Companies & Affiliates, LLCMartin Lipton, Senior Partner, Wachtell, Lipton, Rosen & KatzAlex Liu, Managing Partner and Chairman, KearneyRobert P. LoCascio, Founder & CEO, LivePerson, Inc.Howard W. Lutnick, Chairman & CEO, Cantor Fitzgerald L.P.Roger Lynch, Chief Executive Officer, Condé NastShawn Lytle, Head of Americas, Macquarie GroupMehdi Mahmud, CEO & President, First Eagle Investment Management, LLCVikram Malhotra, Senior Partner & Chairman of the Americas, McKinsey & Company, Inc.Anthony Malkin, Chairman & CEO, Empire State Realty TrustAnthony E. Mann, President & CEO, E-J Electric Installation Co.Theodore Mathas, Chairman & CEO, New York Life Insurance CompanySandeep Mathrani, Chief Executive Officer, WeWorkPeter W. May, President & Founding Partner, Trian PartnersJohn McAvoy, Chairman, President & CEO, Con Edison, Inc. Charles R. McCall, Chief Executive Officer, Astoria Energy II LLC & Astoria Energy LLCRaymond W. McDaniel, Jr., President & CEO, Moody’s CorporationBill McDermott, President & CEO, ServiceNowAnish Melwani, Chairman & CEO, LVMH Moët Hennessy Louis Vuitton Inc.Avner Mendelson, President & CEO, Bank Leumi USAHeidi Messer, Co-Founder & Chairman, Collective[i]Jayne Millard, Chairman and Co-CEO and Kathleen Shanahan,Co-CEO, Turtle & Hughes, Inc.Edward J. Minskoff, Chairman & CEO, Edward J. Minskoff Equities, Inc.Ken Moelis, Chairman and CEO, Moelis & CompanyGreg Mondre, Co-Chief Executive Officer, Silver LakeThomas K. Montag, Chief Operating Officer, Bank of AmericaDaniel Moore, President & CEO, Rockefeller Group International, Inc.Tyler Morse, Chief Executive Officer & Managing Partner, MCR Development LLCDeanna M. Mulligan, Chief Executive Officer, The Guardian Life Insurance Company of America

Oscar Munoz, Executive Chairman, United Airlines, Inc.Alan J. Murray, President & CEO, Empire BlueCross BlueShieldMasaki Nakajima, President & CEO, Sumitomo Corporation of AmericasTom Naratil, President Americas and Co-President Global Wealth Management, UBS Group AGDaniel Nardello, Chief Executive Officer, Nardello & Co. LLCLiz Neumark, Founder & CEO, Great PerformancesJon Oringer, Executive Chairman, Shutterstock, Inc.Mark Pearson, President & CEO, EquitableDebbie Perelman, President & CEO, Revlon, Inc.Douglas L. Peterson, President & CEO, S&P GlobalMichael A. Peterson, Chairman & CEO, Peter G. Peterson FoundationCharles E. Phillips, Jr., Chairman, InforMichael Phillips, President, Jamestown Properties LLCDeirdre Quinn, Co-Founder & CEO, Lafayette 148 New YorkDaniel Ramot, Co-Founder & CEO, ViaSteven L. Rattner, Chairman & CEO, Willett Advisors LLCScott H. Rechler, Chairman & CEO, RXR Realty LLCChristiana Riley, Member of the Management Board, Deutsche Bank AG, CEO, Deutsche Bank USA Corp. James D. Robinson, III, Co-Founder & General Partner, RRE VenturesJohn Romeo, Managing Partner, Oliver WymanJames A. Rosenthal, Chief Executive Officer, BlueVoyantEvan Roth, Co-CEO, BBR Partners, LLCMichael I. Roth, Chairman & CEO, Interpublic GroupSteven Roth, Chairman & CEO, Vornado Realty TrustSteven Rubenstein, President, Rubenstein Communications, Inc.Mitchell E. Rudin, President, Savills Inc.William C. Rudin, Co-Chairman & CEO, Rudin Management Company, Inc.Kevin P. Ryan, Founder & CEO, AlleyCorpTim Ryan, U.S. Chair and Senior Partner, PwC Faiza Saeed, Presiding Partner, Cravath, Swaine & Moore LLPScott Salmirs, President & CEO, ABM Industries Inc.Kathleen Savio, Chief Executive Officer, Zurich North AmericaCharles W. Scharf, President & CEO, Wells Fargo Bank, N.A.Michael Schmidtberger, Partner & Chair of the Executive Committee, Sidley Austin LLPAlan D. Schnitzer, Chairman & CEO, The Travelers Companies, Inc.Alan D. Schwartz, Executive Chairman, Guggenheim Partners, LLCStephen A. Schwarzman, Chairman, CEO & Co-Founder, BlackstoneSuzanne Shank, President & CEO and Christopher J. Williams, Chairman, Siebert Williams Shank & Co., LLCTarek Sherif, Chairman & CEO, Medidata Solutions, Inc.Jonathan Silvan, Chief Executive Officer, Global Strategy Group, LLCAdam Silver, Commissioner, National Basketball AssociationJoshua Silverman, Chief Executive Officer, Etsy, Inc.Michael C. Slocum, President, Commercial Banking, Capital One Rob Speyer, President & CEO, Tishman SpeyerStephen J. Squeri, Chairman & CEO, American Express CompanyRobert K. Steel, Chief Executive Officer, Perella Weinberg Partners LPDouglas C. Steiner, Chairman, Steiner StudiosSteven R. Swartz, President & CEO, HearstJulie Sweet, Chief Executive Officer, Accenture and Jimmy Etheredge, Chief Executive Officer, Accenture North AmericaPaul J. Taubman, Chairman & CEO, PJT Partners Inc.Teiji Teramoto, Chairman & CEO, Mizuho AmericasOwen D. Thomas, Chief Executive Officer, Boston PropertiesMary Ann Tighe, Chief Executive Officer, NY Tri-State Region, CBRE, Inc.James S. Tisch, President & CEO, Loews CorporationPaul Todd, Chief Executive Officer, GLGWilliam B. Tyree, Managing Partner, Brown Brothers Harriman & Co.Joseph Ucuzoglu, Chief Executive Officer, DeloitteSayu Ueno, President & CEO, Mitsui & Co. (U.S.A.), Inc.Robert Vecchio, Chief Executive Officer, LPI, Inc.Ellis Verdi, President, DeVito/VerdiJames R. Wacht, President, Lee & Associates NYCGeorge H. Walker, Chairman & CEO, Neuberger Berman Group LLCPamela S. Wasserstein, President, Vox MediaCharles Weinstein, Chief Executive Officer, EisnerAmper LLPDavid Winter, Co-Chief Executive Officer, Standard Industries Inc.Robert Wolf, Chief Executive Officer, 32 Advisors LLCLaila J. Worrell, Chief Executive Officer, Altran AmericasKathryn S. Wylde, President & CEO, Partnership for New York CityTim Zagat, Co-Founder, ZagatDavid M. Zaslav, President & CEO, Discovery, Inc.Jide Zeitlin, Chairman & CEO, Tapestry, Inc.Strauss Zelnick, Partner, ZMCJohn Zimmer, Co-Founder & President, Lyft

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