Catalyst is a nonprofit dedicated to expanding opportunities for women in business.
McDonald's is being recognized for "Freedom Within a Framework," a global initiative that has substantially increased the percentages of women in market leadership roles and on the company's board, as well as in restaurant manager positions.
Diversity programs at Time Warner and Kaiser Permanente have achieved similar progress in increasing percentages of women in key management roles.
The awards will be presented to the companies on March 29, in New York City.
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