We recognize that gender equity persists as a challenge worldwide, and, like many companies, Caesars Entertainment has not yet achieved gender equity within our own company.

Our Gender Equity Initiative (GEO is a commitment to achieve gender equality in leadership by 2025. We have teamed up with the Billie Jean King Leadership Initiative to enhance our commitment to ensure workplace fairness and to continue to promote diversity, equity and inclusion (DEi). This year, Caesars is a proud partner and participant in the Champions of Equality "Open" for Change event, which marks the fifth anniversary of the Billie Jean King Leadership Initiative.

As a framework for our Gender Equity Initiative, Caesars is implementing a change management strategy as a business process. We have engaged McKinsey in partnership with Jennifer Brown Consulting, a DEi consultancy, to proactively change our culture; we hope to show other companies a blueprint for doing the same. We believe this is the best way to realize real change and true equity.

As a first step, Caesars has created an Equity Council, which is a taskforce of employees and external experts, implementing bias-training across all management teams and conducting surveys across the company about diversity and inclusion. Through our PEOPLE PLANET PLAY framework, Caesars is committed to equity among our employees as a way to ensure that every team member is valued for being their authentic self and treated fairly.

Caesars continues to create new programming and conduct research under the Gender Equity Initiative. As part of that initiative, we conducted a pay equity study that included 2016 pay data for approximately 32,200 non-union employees. The study found that 99% of women in our corporate headquarters and 98% of women who work in non-union roles across our 40 properties had no statistically significant pay difference when compared to men in the same positions.

Ana Munoz