Family Digest Names Firm Among Best Workplaces for African-Americans

In its spring 2003 issue, Family Digest magazine named Morgan Stanley as one of its "Best Companies for African Americans."

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In its spring 2003 issue, Family Digest magazine named Morgan Stanley as one of its "Best
Companies for African Americans." Morgan Stanley was the only investment banking firm
included in the publication's survey. The article features the Firm's Global Head of Diversity,
Marilyn F. Booker.
Family Digest magazine provides information and ideas on professional and lifestyle issues
for the African-American community. To compile the list of best workplaces for
African-Americans, Family Digest surveyed more than 400 companies in three key areas:
recruitment of African-Americans, advancement of African-American managers and work-life
balance.
Each company completed a comprehensive survey, which included questions about employee
demographics, recruitment of African-Americans, work-life programs and policies, spending
with minority-owned companies and donations to charities that benefit minorities.
Other companies that made the Family Digest list include CIGNA Corporation, Kraft Foods,
Marriott International, Johnson & Johnson and Proctor & Gamble.
Family Digest hosted its first annual awards breakfast ceremony on February 21 for the
honorees. Mayor Michael Bloomberg, who was represented by Michael C. Smith - Assistant
Commissioner for New York City, stated in a letter that "These exemplary companies are
being honored here today because of their commitment to supporting and promoting
diversity within the workplace. Their dedication to ensuring that African-Americans are
successful members of the company and are provided with a safe and enjoyable work
environment is commendable."
Percy Sutton, former Manhattan Borough President, Civil Rights Activist and co-founder of
Inner City Broadcasting, also participated in the awards ceremony. Mr. Sutton commended
Morgan Stanley and the other recipients for their efforts in providing an environment that
fosters the advancement of Black professionals in Corporate America. Marilyn Booker
accepted the award on behalf of Morgan Stanley.
For a listing of Morgan Stanley's awards and recognition for its work in the diversity arena,
please visit http://www.morganstanley.com/about/diversity/awards.html?page=div or for
questions and information on our diversity programs, please contact
diversity@morganstanley.com.

Mr. Percy Sutton, former Manhattan Borough President, served as keynote speaker for Family Digest's 2003 Best Companies for African Americans awards breakfast. |

Family Digest founder and publisher Darryl L. Mobley (in rear, center) gathers with representatives of the Best Companies for African Americans. |
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