Walmart CEO Doug McMillon is pledging to donate $100 million over five years to create a new center on racial equity following the death of George Floyd, a black man who died as a result of an arrest by Minneapolis police. 

In an email to employees Friday, McMillon condemned racial violence and said the company plans to make changes to fight for greater racial equity inside and outside of Walmart.

“The global health crisis has tested all of us in recent months, and the racial violence in the U.S.— in particular, the murder of George Floyd — is tragic, painful and unacceptable,” McMillon wrote in the email.

The Walmart CEO laid out several initiatives the company will undertake, including making the recruitment, development and support of African Americans inside the company “even more of a priority.” The company will also invest in improving fairness, equity and justice in society broadly.

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Joseph Guzman – Changing America – June 5, 2020.