Chris Dodd, chairman and CEO of the Motion Picture Association of America (MPAA), delivers the keynote address during the "State of the Industry" presentation at CinemaCon 2016, the official convention of the National Association of Theatre Owners (NATO), at Caesars Palace on Tuesday, April 12, 2016, in Las Vegas. (Photo by Chris Pizzello/Invision/AP)
LOS ANGELES (AP) --
Former U.S. Sen. Chris Dodd is stepping down as chairman and CEO of the Motion Picture Association of America.
The MPAA said Friday that their board will gather Saturday to name Charles Rivkin as successor to Dodd, who is resigning Sept. 4.
Rivkin was previously the U.S. assistant secretary of state for economic and business affairs and a U.S. ambassador to France and Monaco.
Dodd led the MPAA for six years, and one of his main concerns was preventing digital piracy and protecting copyrights. He also helped expand the presence of U.S. films in the Chinese market and revise the revenue-sharing model to benefit Hollywood studios.
Disney Chairman Alan Horn said in a statement that Dodd transformed the MPAA into a global association for the digital era.
Pepsi soft drinks in plastic bottles are on sale at a grocery store in New York on Weds., Nov. 15, 2023. (AP Photo/Ted Shaffrey, File)
PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.
In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.
Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.
Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to reevaluate policies and programs they adopted with the goal of reducing discrimination against members of minority groups, women and LGBTQ+ people.
Trump ended DEI programs within the federal government and has warned schools to end DEI programs or risk losing federal money.
PepsiCo's rollback came as Coca-Cola reaffirmed support for its DEI efforts.
In its annual report, Atlanta-based Coke warned that its business could be negatively affected if it is unable to attract employees that reflect its broad range of customers.
"Failure to maintain a corporate culture that fosters innovation, collaboration and inclusion … could disrupt our operations and adversely affect our business and our future success," the company said.
Coca-Cola has set a goal of having women in 50% of its senior leadership roles by... Read More
