C100 Asian American Career Ceilings Webcast: McKinsey Report Dec 12, 2022

Dear Friends,

We are pleased to invite you to attend the twenty-third C100 Asian American Career Ceilings Initiative webcast that will feature a fireside chat on the topic of “Asian American Workers: Diverse Outcomes and Hidden Challenges” and a discussion of a recently published McKinsey report with two of the co-authors, Kweilin Ellingrud, McKinsey Global Institute Director and Senior Partner in the Minneapolis office, and Jackie Wong, a consultant in the McKinsey Philadelphia office.

Peter Young, Chair of the Initiative and a C100 Member, will be the moderator. After the conclusion of the fireside chat, there will be a Q&A session during which members of the audience may ask questions. The webinar will be held on December 12, 2022 from 11:00 am to 12 noon Eastern Time / 10:00 am to 11:00 am Central Time / 8:00 am to 9:00 am Pacific Time. There is no fee for the webcast. Please register at https://c100-12-12-2022.eventbrite.com

We hope you will join us. Thank you!

Best regards,

Committee of 100

Committee of 100

Asian American Career Ceilings Initiative

December 12, 2022 Webcast

▦ Topic: “Asian American Workers: Diverse Outcomes and Hidden Challenges”

▦ Speakers:

• Kweilin Ellingrud, McKinsey Global Institute Director and Senior Partner in the Minneapolis office

• Jackie Wong, Consultant in the McKinsey Philadelphia office

▦ Moderator: Peter Young, CEO, Young & Partners and C100 Member

▦ Time: 11:00 am EDT, December 12, 2022

This webinar will be the twenty-third in a series of events convened by the Committee of 100 that examine the challenges facing Chinese Americans and other Asian Americans with regard to barriers to advancement in a wide variety of professions in the U.S. and related topics. The goal of this initiative is to contribute to the already significant efforts of organizations and individuals who have been tackling this issue.

This event will be a fireside chat interview of two of the co-authors of a McKinsey report titled, “Asian American Workers: Diverse Outcomes and Hidden Challenges” that was published in September 2022. In the report there is both data and a discussion of a variety of issues such as:

- Is it appropriate to lump all Asian Americans together as a group and not make distinctions between the many groups underneath the category (Chinese, Korean, Indian, Japanese, etc.)

- Does the model minority image create problems with regard to advancement and discrimination?

- Does the perpetual-foreigner misperception contribute to Asian Americans’ lower rates of professional advancement and to their underrepresentation at the highest levels of their fields—even in fields where Asian Americans are overrepresented?

- Do Asian Americans experience lower inclusion and receive less support at work than other ethnic groups?

- What are the five actions that can taken that will offer a constructive start towards solving the four problems listed above?

During the interview, we intend to explore these questions and the findings of the McKinsey report.

The interview will be conducted by Peter Young, Committee of 100 member and Chair of the Committee of 100 Asian American Career Ceiling Initiative. The webinar will be one hour long. The audience will have the opportunity to ask questions during the last ten minutes of the webinar.

There is no fee and you can register at: https://c100-12-12-2022.eventbrite.com

▦ Speaker Bios:

Kweilin Ellingrud, McKinsey Global Institute Director and Senior Partner, Minneapolis office

Kweilin is a McKinsey Global Institute Director and Senior Partner at McKinsey & Company. She has led numerous research efforts including on Asian American Workers: Diverse outcomes and hidden challenges, the impact of automation and the Future of Work post COVID-19, gender and racial equality (Power of Parity), and the impact of COVID-19 on jobs. Kweilin also helps lead McKinsey’s global social responsibility investments in North America. In her client work, Kweilin leads global transformations across financial services clients.

Kweilin has an MBA from Harvard Business School and a B.A. in Economics and Political Science, magna cum laude, from Harvard University. She worked at the Center for Women & Enterprise, a nonprofit to help women entrepreneurs start and grow businesses. She is a Board member of @Makers and the Greater Twin Cities United Way. Kweilin grew up living in many countries – China, Japan, France, and Ecuador. She lived with local families and attended local schools to learn the language. She is currently living in Shanghai for a year, and over the last 20 years has lived in Minneapolis with her husband and three daughters: a 9 year old and 7 year old twins.

Jackie Wong, Consultant, McKinsey Philadelphia office

Jackie Wong leads McKinsey’s Race in the Workplace research. His publications include research on the representation and experience in the workplace for Asian Americans, Black, frontline, and LGBTQ+ workers in the US. Jackie has expertise in Diversity, Equity & Inclusion research and data collection, and serves clients in talent management, DE&I, and culture transformation topics. He also leads McKinsey’s LGBTQ+ talent recruiting in North America.

▦ Moderator and Chair of the C100 Asian American Career Ceiling Initiative:

Peter Young

CEO and President, Young & Partners

Committee of 100 Member

Peter Young is CEO and President of Young & Partners, a boutique investment banking firm focused on the life science and chemical industries. He manages the firm and is actively involved in client transactions and financings. Under his leadership, Young & Partners has established and maintained its position as a highly regarded firm serving the corporate strategy, M&A, restructuring and financing needs of clients worldwide. He was previously head of industry groups at Salomon Brothers, Schroders and Lehman Brothers, a senior private equity executive with J.H. Whitney & Co. and a senior member of Bain & Co., the corporate strategy firm.

Mr. Young received a BA in Economics from Yale, an MS in Accounting from NYU, and MBA from Harvard Business School where he graduated as a Baker Scholar. He is a CPA and a Chartered Global Management Accountant. He serves on a number of boards of directors, both corporate and non-profit and is a board member of Société de Chimie Industrielle, a leading life science and chemical industry non-profit organization and on the Editorial Advisory Board of Pharmaceutical Executive.

The Committee of 100

The Committee of 100 (C100) is a non-profit, non-partisan leadership organization of prominent Chinese Americans in business, government, academia, and the arts founded 33 years ago.

The Committee’s purpose is to provide leadership and act as a constructive force in the dual mission of:

• Promoting the full participation of all Chinese Americans in American society and acting as a public policy resource for the Chinese-American community;

• Advancing constructive dialogue and relationships between the peoples and leaders of the United States and Greater China.

To learn more about the organization, please go to https://www.committee100.org. You can reach the headquarters office at 212-371-6565.

COMMITTEE OF 100 | Ensuring Full Inclusion in America, Advancing U.S.-China Relations

Office: 6 St. Johns Lane, New York, New York 10013

Mailing: Committee of 100, Church Street Station, PO Box 3504, New York, New York 10008

T: (212) 371-6565 | F: (212) 371-9009