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And there has only ever been one black woman fortune 500 ceo ursula burns at xerox who stepped down in 2016.
Black ceos of fortune 500 companies. That means there are now only three black ceos in the fortune 500. Became chairman and ceo of tiaa cref distinguishing him as the first black ceo of a fortune 500 company. Jide zeitlin has stepped down as ceo of fashion holding company tapestry owner of coach kate spade and stuart weitzman. Right now there are only five black ceos in the fortune 500.
44 kenneth frazier at pharmaceuticals maker merck. With zeitlins resignation there are only four black ceos remaining on the fortune 500. The rapid decline in the number of black ceos is disconcerting given the millions of dollars that companies have spent on diversity and inclusion programs. Marvin ellison of lowes low kenneth frazier of merck mrk roger ferguson of tiaa and jide zeitlin of tapestry.
Currently there are four black fortune 500 ceos versus seven less than a decade ago he maintains. The only black woman to ever helm a fortune 500 ceo was xeroxs ursula burns who stepped down in 2016. Only two black women have ever led a fortune 500 company. Mary winston served as.
In fact since 1955 there have only been 15 fortune 500 black ceos. Thats four black leaders among the largest 500 companies in the united states. Marvin ellison at home improvement retailer lowes no. For things to change organizations will need to create more inclusive cultures and career opportunities for black talent.
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