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Abbott Named One of the Best Companies for Hispanics by Hispanic Business Magazine
Date:10/10/2007

ABBOTT PARK, Ill., Oct. 10 /PRNewswire/ -- Abbott has been named to Hispanic Business magazine's list of the nation's best companies for Hispanics. Abbott was recognized as one of the magazine's "Diversity Elite 60" companies for its commitment to Hispanic hiring, promotion, marketing, philanthropy and supplier diversity.

"As an innovation-driven company, Abbott relies on the diversity of our people to provide different ideas, perspectives and experience that enable us to translate science into new solutions for patients," said Stephen Fussell, senior vice president, Human Resources, Abbott.

Diversity a Long-Standing Priority for Abbott

Abbott's commitment to diversity starts at the top with the company's Chairman and Chief Executive Officer Miles D. White, who chairs the company's Executive Inclusion Council. The Council oversees the company's diversity and inclusion efforts, monitors the hiring and advancement of women and minorities in management, and supports programs that promote an inclusive work environment for all employees.

Abbott maintains aggressive goals for the recruitment, hiring and retention of women and minorities. Minorities at Abbott make up more than one-quarter (26 percent), and women nearly one-half (47 percent), of Abbott's total U.S. workforce. Abbott has increased the number of minorities in management by 68 percent and the number of women in management by 64 percent over the past five years.

More than 7,700 employees participate in Abbott's employee networks, which play a vital role in building more diverse leadership within Abbott. These include: LA VOICE Network (Hispanic/Latino), Women Leaders in Action, Black Business Network, Asian Cultural Leadership Network, PRIDE Network (gay/lesbian) and the Part-Time Network. By focusing on career development, mentoring, informal networking and work-life integration, Abbott's active networks offer leadership and expanded advancement opportunities for women and
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