Jump to content

Michael C. Hyter

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Newliving (talk | contribs) at 20:56, 28 January 2022 (Added links to de-orphan the article.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Michael C. Hyter is president and CEO of The Executive Leadership Council (ELC), a membership organization made up of more than 800 current and former Black CEOs, senior executives and board directors at Fortune 1000 and Global 500 companies.[1][2] He was appointed in March 2021, succeeding the interim president Crystal Ashby.[3][4]

Early life

Hyter was raised in Detroit by working-class parents.[5] Hyter has a bachelor's degree in human resources management from Michigan State University.[6]

On July 14, 2021, Hyter traded 2,989 units of Dine Brands Global Inc stock worth over $198,350.[7]

Career

Prior to leading The ELC, Hyter was Chief Diversity Officer of global organizational consulting firm Korn Ferry.[8] He played a key role in building Korn Ferry's Diversity and Inclusion (D&I) practice. Hyter also previously led the consulting firm's DC office, overseeing a $60 million operation with 120 team members.[9]

In June 2021, Hyter and ELC announced a three-year, $6 million initiative titled "Build, Grow, Protect" to create Black wealth in America. The initiative was inspired by Black Wall Street and done in partnership with fin-tech platform Goalsetter. Hyter stated, “The ELC is proud to embark on this mission with Goalsetter to ensure that Black Americans never again have to wait for financial liberation and will instead have the opportunities and resources they need to thrive, succeed and begin building generational wealth, as a community and for their community.” [10]

Activism

In 2021, Colin Kapernick accepted The Executive Leadership Council (ELC) Global Game Changer Award at the organization's Annual Recognition Gala and 35th Anniversary Celebration, asking black executives "to uproot systemic corporate issues". In his speech he urged Black corporate America to "be the change needed that will increase racial and economic equity". That message was echoed by Hyter stating that "the organization and its members includes a commitment to the mission of bringing about change from the inside out."

Hyter stated, "As some of the most powerful Black leaders in this economy, we have a responsibility to advocate for our rightful place in corporate boardrooms; not just for ourselves, but for the next generation. As recent historic events have illustrated, the Black community has cultivated some of the most influential women and men on the planet. We owe it to them, to our economy, and to those coming behind us."

Amongst others in the audience were Tyler Perry as well as Achievement Award recipients Rosalind Brewer and Thasunda Brown Duckett, who were honored by the Executive Leadership Council for becoming the second and third ever Black women Fortune 500 CEOs, respectively.[11][12]

Books

Hyter is the author The Power of Choice: Embracing Efficacy to Drive Your Career and the co-author of The Power of Inclusion: Unlock the Potential and Productivity of Your Workforce.[13]

References

  1. ^ "The ELC at 30 | Forbes Custom". www.forbes.com. Retrieved 2022-01-28.
  2. ^ "The ELC at 30 | Forbes Custom". www.forbes.com. Retrieved 2022-01-28.
  3. ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2022-01-28. {{cite web}}: Cite uses generic title (help)
  4. ^ "Michael Hyter named CEO of The Executive Leadership Council". www.consulting.us. 2021-02-10. Retrieved 2022-01-28.
  5. ^ Alleyne, Sonia (October 1, 2012). "Success At Work Is Your Choice". Black Enterprise.
  6. ^ "Michael Hyter named CEO of The Executive Leadership Council". www.consulting.us. 2021-02-10. Retrieved 2022-01-28.
  7. ^ "Michael Hyter Net Worth (2022) – wallmine.com". wallmine.com. Retrieved 2022-01-28.
  8. ^ "Michael C. Hyter". The Executive Leadership Council (ELC). Retrieved 2022-01-28.
  9. ^ "Michael Hyter named CEO of The Executive Leadership Council". www.consulting.us. 2021-02-10. Retrieved 2022-01-28.
  10. ^ Author, WI Guest (2021-06-16). "Leadership Org Lays Out $6M Strategy to Expand Black Wealth". The Washington Informer. Retrieved 2022-01-28. {{cite web}}: |last= has generic name (help)
  11. ^ Grant, Shawn (2021-10-15). "Kaepernick Asks Black Executives to Uproot Systemic Corporate Issues". The Source. Retrieved 2022-01-28.
  12. ^ Council, The Executive Leadership. "Colin Kaepernick Reminds Black Corporate Executives That Freedom Comes at a Cost". www.prnewswire.com. Retrieved 2022-01-28.
  13. ^ "9780470836743: The Power of Inclusion: Unlock the Potential and Productivity of Your Workforce - AbeBooks - Hyter, Michael C.; Turnock, Judith L.: 0470836741". www.abebooks.com. Retrieved 2022-01-28.