Companies ‘Lose Both Sides’ By Backtracking on LGBTQ Support: Ex-Goldman Managing Director

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Maeve DuVally has published a memoir about coming out as transgender on Wall Street.

BEVERLY HILLS, CALIFORNIA - MARCH 30: Maeve DuVally attends the 34th Annual GLAAD Media Awards at The Beverly Hilton on March 30, 2023 in Beverly Hills, California. , Photographer: Monica Schipper/Getty Images

“The important thing when you speak publicly is not to backtrack,” Maeve DuVally, who worked in corporate communications at Goldman Sachs and is now a diversity and inclusion consultant, said in a Bloomberg TV interview. “We have seen examples of companies that have backtracked. They have lost both sides of the equation.”

Target pulled some themed merchandise ahead of Pride Month in June after saying that threatening behavior by some customers was impacting employees’ safety. The company said on Aug. 16 that revenue during the latest quarter had been hit by controversy around the collection, without providing further details.

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