(Above L-R: Jenifer Waldrop, Lisa Garcia Quiroz, Jonathan Beane, Scott Murphy, Angela Santone, Karen Magee, Jae Chang, Chris Williams, Alisha Penick and Art Evans at last night's event.)

Last night, DiversityInc announced its annual Top 50 Companies for Diversity list at an award ceremony in New York City. Time Warner was named to the list for the fifth consecutive year for promoting diversity through innovative initiatives such as cross-cultural mentoring and for making impressive strides in developing a talent pipeline. The company was ranked #4 on DiversityInc’s 2014 Top Companies for LGBT Employees.

“At Time Warner, advancing diversity in both our workforce and the content we create and share is a business priority, said Jeff Bewkes, Time Warner's Chairman and CEO. “Without cultivating new voices and tapping into diverse talent, we would not be able to fulfill our mission of delivering great storytelling to an increasingly global and multicultural audience.”

“Our success as a business is directly correlated to our ongoing efforts to attract diverse talent and maintain a progressive and inclusive environment where employees can thrive, regardless of gender, race, ethnicity or sexual orientation,” said Lisa Garcia Quiroz, Time Warner's Chief Diversity Officer and Senior Vice President. “Time Warner’s diverse workplace strengthens our ability to create content that resonates with audiences across the globe.”

Time Warner was also named DiversityInc’s 2013 Top Company for Executive Development.