Legg Mason Hosts Day of Understanding to Address Bias and Advance Diversity and Inclusion in Asset Management Community

Dec 7, 2018 9:00 AM ET
Press Release

BALTIMORE, December 7, 2018 /3BL Media– Legg Mason, Inc. (NYSE:LM) joins more than 150 organizations for the “Day of Understanding” hosted by CEO Action for Diversity & Inclusionto address bias and increase understanding in the workplace and beyond.

Legg Mason will engage its employees in an open conversation to drive greater understanding and an appreciation of differences.

“Today’s activities continue our commitment to promoting open dialog on diversity and inclusion,” said Joseph A. Sullivan, Chairman and CEO of Legg Mason. “This Day of Understanding builds on the positive outcomes from last year’s Day of Conversation and our continued education efforts around unconscious bias. We believe that, by truly listening to each other, we’re investing in our employees and our firm and in better results for our clients and our stakeholders.”

As part of the day, Legg Mason employees worldwide will attend two-hour discussion sessions, hosted by colleagues, to explore differences and promote inclusion. Participants are encouraged to share thoughts and viewpoints or simply listen to what co-workers have to say.

The Day of Understanding directly ties back to the coalition’s foundational commitments to make workplaces trusting places to have complex, and sometimes difficult, conversations about diversity and inclusion and to implement and expand unconscious bias education.

To better engage all employees and citizens everywhere, the coalition also launched a unique opportunity through the “I Act On” pledge, a personal pledge that any individual can take to commit to tackling bias and cultivating more inclusive behaviors in their everyday lives. All employees participating in the “Day of Understanding,” as well as the general public, have the chance to take the pledge by visiting www.ceoaction.com/pledge.

For more information on the Day of Understanding and the “I Act On” pledge, visit www.ceoaction.com.

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About Legg Mason
Legg Mason is a global asset management firm with $733 billion in assets under management as of October 31, 2018. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

Lisa Tibbitts
(212) 805-6039