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What percentage of ceos are black 16% of all school superintendents are LGBT. In sharp contrast, fast forward to 2023, and a majority of 37 out of the top 50 corporations are The percentage of women in C-suite roles at Fortune 500 companies increased overall but stalled in growth, with just two Black women CEOs. 2 percent in 2010 before falling back to 1 percent in 2020. Fewer than one-percent of Fortune 500 companies are led by black CEOs. Black or african american hospital administrators have the lowest average salary at $77,049 The fourteen companies with diversifier CEOs consisted of six with white women CEOs, three companies with Indian men, three with Latinos, one with a Latina, and one with a black man. Two of the eight Black Ninety-three percent of Black CEOs in the study had advanced degrees, compared to 53 percent of White executives, the researchers found. Looking more closely at the March 11, 2021 Although Black employees comprise 14 percent of all US employees, the Black workforce at the managerial level is just half of that: 7 percent. Continue reading to learn more about the top Black CEOs in the Fortune 500. Despite comprising of a smaller share of the U. There is, however, an increase in the number of women CEOs in the Russell 3000, from 204 to 270, and the percentage of women CEOs in private companies is up over 30% from 2023, so it is fair to say that the results are mixed across indices. so far this year — a far cry from being representative — the dollars invested in their companies is on the rise, an analysis of Crunchbase data shows. 4% share of the population. 6% in 2016 to 6% in 2020; the largest growth trend compared to the overall engineering workforce From these statistics, the percentage of women in CEO roles has steadily increased since 2000, albeit slowly. 5 percent of nursing home jobs. In a world where a third of jobs that once required only a high-school diploma now demand a four-year As the U. Nike ran a video on social media in which the apparel giant asked the audience not to “pretend there’s not a problem in America. 5% of men are over 6 feet tall in the US population. Maria Black is the new CEO of Automatic Data Processing ADP (ADP Dive Brief: The percentage of female CEOs and CFOs both hit an all-time high last year compared to 2020, with women comprising 6. 4%). January 1 was the start date of five new women helming Fortune 500 companies, bringing the total number of female CEOs to 53. Roughly 60% of the population is non-Hispanic White, and they make up 80% of CEOs. white chief executive officers have the highest average salary compared to other ethnicities. , the only Black female CEO Though this record-high number is worth celebrating, Black CEOs make up just 1. According to the data presented, white individuals make up the majority of CEOs with a percentage of 76. Hispanic men earned The only complete listing of all the women who have been CEO in the Fortune listings. 5% growth. Notably, while only 3. First, discussions center around potential The most common ethnicity of school superintendents is White (65. In 2018, Donte Robinson and Rashon Nelson—two Black men—went into a Starbucks Philadelphia store for a business meeting. In 2022, women earned 94% of what men earned. Black CEOs face higher expectations to prove their qualifications despite being more educated than their White counterparts, according to a 2022 study published in the Strategic Management Journal. 100 Best Companies; Fortune 500; Global 500; Fortune 500 Europe; Most Powerful Women; Future 50; Otis is one of only four black CEOs of a Fortune 500 company. By Taylor Dunn. . The shortest CEO as of 2019 was Jack Ma, at 4 percentage of women and URM entering the profession which is a consistent 29. companies (1. 7. PEW RESEARCH CENTER. Black women make up 52 percent of diversity/equity executive roles, compared to 29 percent for Black men. According to a benchmarking survey sponsored by the institute, which is an affiliate of the American Hospital Association, the percentage of minority patients seen in hospitals grew from 29% to 31% of patient census “Consider this: If the CEO makeup of the Fortune 500 was reflective of U. BY Emma Hinchliffe. Of the CEOs with undergraduate degrees in Economics, almost three-quarters (73. African American/Black women saw a growth of 38. organizations are BIPOC-led, which, for the purposes of this survey, we define as having an Executive Director or CEO who is Black, Indigenous, or other person of color. Among the 500 companies represented in Fortune’s flagship ranking, Black executives only lead eight of them. As it stands today, they’re part of a small group of eight (or slightly less than two percent) of CEOs who The survey found only 6. 1. That’s 1. Aisha Bowe. 6 more years of Though the ranking holds a record number of Black executives, they still only make up less than 2 percent of all Fortune 500 CEOs. 5%), Black or African American (11. According to Catalyst’s latest report, women occupied merely 41 or 8. Male vs Female CEO Statistics – Editor’s Choice. 7 out of 10 executives are White men, specifically. BY Phil Wahba. The rest are 21% Asian, 3% Latino/a, 2% black, 0. 4 percent of the country. Aisha Bowe is a Bahamian-American aerospace engineer, entrepreneur, and STEM advocate, as well as the Founder and CEO of STEMBoard — an award-winning woman-owned tech company — and LINGO, an educational tech company. Forty-one percent of white-led nonprofits received 50% or more unrestricted funds in FY2021 as compared to 26% of BIPOC-led organizations. 6 percent of all Fortune 500 CEOs, which is significantly lower than Black America’s 13% labor force participation Black women represent just 1% of named executive officers, according to USA Today. Bozeman's addition to the Black Fortune 500 CEOs signals an increase in diversity in high-ranking positions, but Black professionals still only make up 1. The numbers still stink. However, the appointment of 14 black CEOs of Fortune 500 companies between 1999 and 2010 revealed how wrong we were. 9 CEOs have a Master's in Computer Science; 6 in Electrical Engineering; and 3 in Law. 4 percent, just 0. The percentage of black executive and non-executive directors on FTSE 100 companies’ boards and executive committees has fallen since 2014, although there has been an increase in the percentage As for his own company, 42 percent of his 260 employees are now people of color, while 61 percent are women. CEO And Executies; Resume Builder; Career Advice; Explore Majors; This data breaks down the percentage of men and women in chief executive officer positions over time. 5%) leading America’s largest public companies, compared to While that number has since risen to a record high of six, that leaves Black CEO representation in the Fortune 500 just over one percent—dismal by any measure. 5 percent of healthcare CEO roles, while women held just 4 percent In addition to the small percentage of female CEOs (9%), the report states that women are severely underrepresented in roles that lead to the top spot. Black Fortune 500 CEOs. born parents. 4, CVS Health's Karen Lynch also is the highest rated ever. And the 5 percent of directors who are of Asian or Pacific islander descent also fell short of the 6. 4 percent of lucrative securities industry jobs but 32. There are no humanities represented at the Master's level. nonprofit organizations had white CEOs. By 2019, another female CEO joined the ranks and as of this writing, 32 women remain at the helm. Minorities represent approximately 4 percent of Fortune 500 CEOs. 55; “The Number of Black CEOs at Fortune 500 Companies Is at Its Lowest Since 2002,” Fortune, It also found that groups led by black women received less money than those led by black men or white women. Unfortunately, this racial According to a 2019 survey by BoardSource, Black people accounted for 10 percent of board seats, Hispanics 5 percent, and Asian Americans 4 percent. Labels had the highest percentage of Black women executives (5. More Black men are leaders in S&P 100 companies two years after George Floyd's murder. 6%, a far cry from Black Americans’ 14. Rankings. Ellison. 6% of the CFOs & CEOs. 1%) and Asian (4. 6 According to Investopedia, only 20 S&P 500 and Fortune 500 companies feature a LatinX CEO — or, only 4 percent. That said, that’s still a greater number than Black CEOs. According to the study, Blacks were in 5 percent of CEO roles, Hispanics 3 percent, and Asian Americans 2 And there were 2 4 women CEOs in the Fortune 500 — representing 4. 8 percent of companies — as of June. 4% of Fortune 500 companies. They made up 55 percent Consumer brands are often accused of sidestepping controversy. Analysis of senior leadership in the FTSE 350 largest companies listed on the London Stock Just 51 of the top 1,097 workplace roles in the UK are held by black, Asian and minority ethnic (BAME) people, data shared exclusively with Sky News shows. Black CEO One of Four on Fortune 500. 0:54. Source: Fortune 500 and Catalyst. [1] BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. Black women-owned businesses saw average revenues increase 32. Black women CEOs, overall, are paid an average of 38% less than White men in CEO positions. – all of whom were appointed in 2022. At 41, Women are still the minority; we’ll delve into reasons for this later on. 6 percent in 2000 to 1. 9% of adult men are over 6 foot 2 in general, the percentage of people over this height in the CEO sample was 30%. 5. 8% of all Fortune 500 CEO positions There’s been a fair amount of coverage for the three newly minted Black CEOs in the S&P 500 – IFF’s Franklin Clyburn, NiSource’s Lloyd Yates, and Exelon Corp’s Calvin Butler, Jr. 2 percent of directors are Black, versus 13. 1%, and Asian/Pacific Islander women saw a growth of 23. 4% of Fortune 500 CEOs are women. 5%. Researchers found no correlation between Black people account for about 12% of the U. What percentage of Fortune 100 companies are headed by women? In 2021, there were six Black CEOs in Fortune and S&P 500 companies. 6% Fifty-eight percent of rural nonprofits have no board members who are people of color. , is the only Black female CEO in the S&P 500, according to information from Catalyst, and the highest-ranking Black CEO on the Fortune 500 list. 5% of student members are female. ; Only 6 CEOs in the FTSE 100 come from ethnic minority backgrounds. Only 1 of the 3 Black CEOs on the Fortune 500 is a woman. 2% of the senior leadership roles at large companies in the U. The Most Powerful Women team reported on Wednesday that 32 of the CEOs on this percent of the senior executives, men and women, are white. Why the decline in recent years? According to statistics, only one percent of Fortune 500 CEOs are black. Still, the three promotions in such a concentrated period of time show that corporate America is responding to a changing CEOs, four male CEOs not of White-European descent and no Black CEOs. According to data collected by the Wall Street Journal, just 1 percent of all CEOs of Fortune 500 companies Only 1 percent of Fortune 500 CEOs are Black. Black women CEOs, overall, are paid an average of 38% less than The percentage of women and racially or ethnically diverse CEOs and CFOs at large companies has nearly doubled over the past decade, according to a long-running report. However, among CEOs of Fortune 500 companies interviewed by Gladwell, this number was 58%. The loans to Asian businesses grew 112%, and to Latino companies, 9%. And over the past What percentage of Chief Executive Officers are female? How many Chief Executive Officer are there in the US? What percentage of Chief Executive Officers are black? This is comparatively lesser than Black America’s labor force participation rate of 13%. 90% of FTSE 100 CEOs are men, and 96% are white. 4% of radio and 1. Citation formats. 3 million pounds per year. For nonprofits that focus on some similar issues, the gaps were even larger. 3% and, rather · Less than one percent of hospitality industry CEO/Presidents (0. 75% of first-year law students but only represent 40% of lawyers in the United States as of 2022. Here’s what could turn it around Black professionals hold only 3. D. In fact, he found that the more cherubic a black CEO’s face Asian men accounted for just under 8 percent of this group, and black and Hispanic candidates of both genders combined to make up less than 7 percent of the pool. 6. Hispanic or Latina-owned small Here is an idea of how much diversity there is among CEOs. Census Bureau’s projections, already are evidenced in hospital patient populations. Less than 1% of Fortune 500 CEOs are women of color. Therefore, o The share of Fortune 500 companies run by women CEOs stays flat at 10. Women account for 55. Further, since 1999, there have been only 17 black Fortune 500 CEOs, and Ursula Burns, former Xerox CEO and now an Exxon board member, is the only black woman to ever lead a Fortune 500 company. Today there are only 4, down from a high of 6 in 2012, according to Fortune. And today's rankings reflect that, with Rosalind "Ros" Brewer, CEO of Walgreens Boots Alliance, Inc. 3%), followed by Hispanic or Latino (14. Women are underrepresented in the top management of U. ; The UK’s highest What percentage of businesses degrees are earned by African Americans? There a plenty of black managers and CEO’s among small businesses. 1% from 1. More Fortune 500 tech industry CEOs went to Stanford than anywhere else. Although rural America is less diverse than the nation as a whole, two-thirds of rural counties consisted of at least 10 percent people of color, one-third were over a quarter people of color, and 10 percent were majority people of color in 2020. Ethnic and racial diversity among CFOs is also the highest it has been, at nearly 11%. Record 41 female CEOs among Fortune 500 includes 2 Black women for 1st time. Currently, 53. 7% of hospital administrators are female. A study respondent said, “One of the big problems in Historically, black women have been far more likely than _____to work for wages. and just 0. Here, in alphabetical order, are nine of the top Black CEOs of 2022. Last month, Jide Zeitlin stepped down as CEO of Tapestry, which owns the Coach and Kate Spade fashion brands, leaving four Black CEOs in the Fortune 500, none of them women, down from seven in According to Equilar, a clearinghouse for corporate leadership data, 29. Somewhat more Black women were Millennials or Generation Z (41%) than Generation X (39%), and 19% were Baby Boomers or older leaders (19%). demographics, there would be more than 65 Black CEOs (13. 34 percent of the total venture capital spent in the U. 8. Jessica Chou for Fortune. Laura Mather wrote on Huff Post: Let’s start with the numbers: women represent about 5 percent of Fortune 500 CEOs. ; Firms whose boards are at least 1/3 female, are 10 times more profitable. “Whatever awaits future Black CEOs, Though the ranking holds a record number of Black executives, they still only make up less than 2 percent of all Fortune 500 CEOs. Yes, 13% of the population is Black, while 5-6% of executives are Black. 3%), while only 1. 8% of all Fortune 500 Black CEOs: Among Fortune 500 companies, less than 1% of CEOs are black. 4% are in the C-suite. population, but occupy only 3. In 2021, Jane Fraser CEO Initiative; Magazine · Fortune 500. She laid off 25,700 workers in 2021 and then saw her pay jump 231 percent. The fact that 28 percent of the CEOs of the top Fortune companies were diversifiers is in itself quite noteworthy: in the year 2000, 48 of the top 50 companies on The number of black CEOs in the Fortune 500 remains very low. Here are 5 Black female CEOs leading the charge in tech. Let's dive in and take a closer look at three of the leading Black American CEOs. Female CEOs are running 41 Fortune 500 companies. Fourteen percent of Black women identified as LGBTQ. There are two Black women among the Fortune 500 CEOs. In no serial order, the names of the top eight Black CEOs have been listed along with their profiles under Fortune 500. 6% of all Fortune 500 CEOs, far below Black America’s 13% labor force participation rate. Only 25 Black executives have led Fortune 500 companies in the ranking's 69 year history. Still, eight out of 500 leaders is a near In a dataset of 2,600 CEOs, analysts were surprised to discover that 8% had no college degree. 6%, a figure that is as microscopic as it is nearly record-breaking: Last Franklin Raines was the first Black CEO to head up a Fortune 500 company, taking over the role at the mortgage loan company Fannie Mae in 1999. The Hampton-Alexander 2021 Review did not include any data on ethnic minorities, restricting its use of the term diversity to gender. The percentage of women in C-suite roles at Fortune 500 companies increased overall but stalled in growth, with just two Black women CEOs. Women make up 8% of global enrollment in manufacturing, construction and engineering courses. His "aha" moment was what started it all. Black people account for about 12% of the U. Black professionals may be represented in corporate In 2023, over 92 percent of the team presidents within the NBA were white, while 7. 3% in 2014, It tracks CEO and CFO career paths, educational and work background, and more. 9 percent) and chiefs (0. Here's how companies can speed up the pace of change for rising Black executives. 75% of first-year law students but only represent 40% of lawyers in the United States The percentage of Black executive directors and non-executive directors at FTSE-100 firms (including board and executive committee level positions) has slipped to 1. Over the complete history of the Fortune 500, which dates back to 1999, there have only been a total of 18 Black CEOs leading America’s Fortune 500 companies. Enlist non-CEO Black senior executives as directors. How many African American What percent of CEOs are Black? Characteristic Asian / Indian African American; 2018: 30%: 5%: 2017: 29%: 6%: 2016: 28 While Black female startup founders have received just 0. 7 percent) are Black executives or one to 108 CEOs / Presidents and 145 chiefs. Image via Pixabay, CC0. At one time there were as many as 12 black CEOs in the Fortune 500, according to Ronald C. With his resignation, there are now only four black CEOs among the Fortune 500. 1% of 678 sitting CFOs, respectively, according to a survey of Fortune 500 and S&P 500 companies by Crist|Kolder Associates. In 2019, slightly less than _____ percent of CEOs in Fortune 500 companies were women. March 7, 2023. 6% of companies on the S&P 500 do not have at least one Black board member. Black executives held only 8. On average, Black executives had 1. 6%) have Black CEOs, far below the 13% Black population in the labor force. Line up headshots of these leaders and plenty of pronounced chins, square jaws, salt-and-pepper hair, and other physical features suggesting maturity, masculinity, and gravitas are also readily apparent. Note: Based on the percentage of women CEOs at the time of the annually published Fortune 500 list. Today’s leading women CEOs have done little to change the top-heavy corporate model. And, in addition to that, the trend has been plummeting down over the past ten years, in contrast to the rising numbers of Asian-American and There are no Black CEOs, CFOs or chairs in the FTSE 100 the percentage of Black executive directors and non-executive directors in the FTSE 100 has slipped to 1. [2] [3] In April 2024, Fink's net worth was As shown by the numbers, gender parity for women in executive leadership is a seemingly erratic shuffle of starts and stops. IE 11 is not supported. At the CEO level, men outnumber women by approximately 17 to one. Today, there are five Black CEOs in the Fortune 500. In August 2018, there were only 24 female S&P 500 CEOs, but the year ended with 31 women in the seat. “There are a plethora of talented, qualified, extraordinary leaders who happen to be Black. Clarence Black CEO representation on the Fortune 500 is so bad that this year’s 1. 4% of Fortune 500 CEOs are women Less than 1% of Fortune 500 CEOs are women of color Women account for 55. Marvin Ellison 1. companies. 40. However, in the follow-up survey, a larger share of executive leaders of color indicated that their current job was their first executive director or CEO position in the nonprofit sector (83% of EDs/CEOs of color compared to 69% of white EDs/CEOs). Out of 500 current Fortune 500 CEOs, just five are Black while 466 are white. Home The percentage of Black executive directors and non-executive directors at FTSE-100 firms (including board and executive committee level positions) has slipped to 1. Brewer is the third Black female to serve as CEO at a Fortune 500 company. Black and Hispanic CEOs at largest US groups make more money than white peers, data show on whatsapp (opens in a new window) Save. These are significantly larger percentage increases than the three groups saw from 2018 to 2020. Jennifer Williams-Alvarez and Billy Nauman. 3% in 2014. 5 percent of home health and 29. The Crist | Kolder Associates Volatility Report 2022 , in its 19th year, gathered data for the first half of 2022 from 681 companies from the Fortune 500 and S&P 500. " Chart. Statista. Across all categories, the ratio of white male In 2020, there are only four black CEOs leading Fortune 500 firms, and fewer than 10% of the most senior P&L leaders in the Fortune 500 are black. Apple CEO Tim Cook, April 23, 2019. Nonprofits with Black CEOs make up 28% of all organizations with budgets under $50,000 but only 12% of all those with budgets over $10 million. A 2001 survey found that approximately _____ percent of women agree that one can be a good mother and have a successful career. Institutions. 90. (Credit Suisse) 29. Black . last Tuesday, having remained in the chief executive position for less than a year. The CEO of The list includes Fortune 500 CEOs, up-and-coming CEOs to watch, and one Black CEO who has made history at the head of more than one Fortune 500 company. Seven percent of two-year college leaders are Hispanic, compared to 5% at non-community colleges, and 4% of community college leaders identify as Asian/Pacific Islander, compared to 3% at other institutions. Becker's is thrilled to highlight the amazing work Black leaders and executives are Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. In a The number of Small Business Administration (SBA) loans in Minnesota to Black businesses grew 250% from 2020 to 2021. Black CEOs tend to lead smaller organizations with limited financial resources . In addition, 7% were children of immigrants, and 3% were immigrants themselves. Almost fifteen percent (14. from 2010-16, (6 percent) of the CEO positions at S&P 500 companies. 3% in 2014, For instance, Black workers hold just 6. 1 percent of all industry CEO/Presidents. Marvin While African Americans make up 10 percent of college graduates, there are only four black CEO's at Fortune 500 companies. Why do so few women become CEOs? Three prominent explanations have garnered widespread attention. These nine CEOs include well-established corporate leaders, as well as up-and-comers who are just beginning to make waves. September 15 2020. (AP Photo/Richard Drew) ASSOCIATED PRESS There are no Black CEOs, CFOs or chairs in the FTSE 100 the percentage of Black executive directors and non-executive directors in the FTSE 100 has slipped to 1. Chart Data Share. The increase in the past 12 months is driven by the hiring of Black CFOs, up from 12 in 2020 to 20 in 2021, according to the survey data. What percentage of Fortune 500 CEOs are Only 6 percent of CEOs are Black. 0%. Only 28% of all executive roles in the FTSE 100 are held by women. BY Alyson Shontell. 9%) of the Science and Engineering graduates went on to complete a Ph. In 2024, 70 percent U. 8 percent of all Fortune 500 CEOs. Those changing demographics, cited from the U. 59% of male employees aspire to become CEOs versus For instance, Black people may experience differential treatment compared to their white counterparts, Nearly 90% of CEOs in the health care industry identify as white, Black/African American leaders comprise 16% of community college CEOs, compared to 12% among other colleges and universities. Burns became the first black female CEO of a Fortune 500 company (Xerox). · Most Black CEO/Presidents are men (86 percent), while Black women represent 14 percent of Black CEO / Presidents or 0. ; The average FTSE 100 CEO is paid £4. Though her high school guidance counselor 10. Ursula Burns was CEO of Xerox Co. ; The number of Black CFOs nearly doubled last year to 20 from 12, Only 1 in 25 of CEOs in Britain's largest publicly listed companies are women, according to a new report. SAIC CEO Toni Townes Whitley, Expedia CEO Ariane Gorin, and JetBlue CEO Despite recent increases, only 8 out of the 500 largest U. 1% of 678 sitting CFOs, respectively, according Black CEOs have had to overcome significant barriers to reach the C-suite. That’s just 1. CEOs were of an Asian background. 9 percent were African American. 6%, the percentage of men dropped to 65. From 2000 to 2010, the percentage of Black CEOs of Fortune 500 companies doubled from 0. Asians led 40 of the companies, and Latin/Hispanic CEOs led The bad news is only eight Fortune 500 companies have a Black CEO. Catalyst Founded in 1962, Catalyst drives change with preeminent thought leadership Only around 14. 2 percent of all executive or senior leadership roles and less than 1 percent of all Fortune 500 CEO positions. Fifty-eight percent of Black workers have experienced racial prejudice at their jobs, compared to 41% of Latinx workers, 38% of Asian workers, and 15% of white workers. Black CEOs face higher expectations to prove their qualifications despite being more educated than their white counterparts, according to a 2022 study published in the Strategic Management Journal. Hiring Black CEOs can lead to short-term financial benefits for public companies, according to recent research — but that's not the entire story, experts say. Among groups focused on improving life outcomes of black men, revenue at organizations with black leaders was 45 percent lower than at groups led by whites. population than African Americans or Hispanics, the most represented non-white U. Black Women CEOs. Women in the Workforce: United States (Quick Take) Data overview of American women at all levels of the workforce, updated to reflect changes during Covid-19 pandemic. Just like there are plenty of white basketball players in high school So Black people are only suited for the minor leagues of business? Based on the data, the five Black CEOs of Fortune 500 companies are Rosalind (Roz) Brewer, Marvin Ellison, Thasunda Brown Duckett, Calvin Butler, and Franklin Clyburn Jr. Gone are the days when female CEOs are left to oversee what society used to define as “decidedly female," and with good reason. At No. 7%. 3% of researchers worldwide are women. 1 Man adjusting tie knot. 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. 6% is a near-record high. The percentage of African American/Black civil engineers grew from 3. , compared to 2. But several assumed an advocacy role in the wake of George Floyd’s killingin 2020. 5 percent) leading America's largest public companies. 6%, a figure that is as microscopic as it is nearly record-breaking: Last In 2024, only 52 of these companies are led by women—a stagnant number from the previous year—and Black CEOs have fallen to just eight, down from a peak of nine. In a country where Black and Latino individuals and other people of color make up about 40% of the population, Board Source found that nearly 3 in 4 nonprofit CEOs in 2019 were women, Higher-quality managers translate into an increase in organizational capability and profitability, and deeper bench strength for future company executive leadership. At senior-manager levels—vice president and senior vice president—it declines further, to 5 and 4 percent, respectively. For an optimal experience visit our site on His retirement won’t just change the uppermost ranks of the company he’s led—it will also whittle the number of black CEOs in Fortune 500 companies down to three, continuing a downward trend 26 are Black, 18 are Hispanic, seven are Asian American, two are Native American and one is multiracial. —Ryan Buchanan, CEO of digital To date, there have been only 19 Black CEOs — 17 men and two women — in the entire history of the list, which was first published in Fortune magazine in 1955. June 2, 2021, 4:30 PM. 8 percent of the leaders of the largest 500 firms are black. As of mid-2024, just eight Black CEOs are heading up companies in the Fortune 500. This Back in 1980, the entire cohort of top CEOs from Fortune 500 giants consisted solely of white men. While less than 3 percent of credit unions have black CEOs and African-Americans account for about 14 percent of the U. 4% work in management and only 1. When the Washington Post made the Fortune 500 list in 1972, she became the first woman CEO of a Fortune 500 company. Business. 7% of the Liberal Arts and 2. There is a growing but still small percentage of white women who are CEOs of Fortune companies (4% of all Fortune 500 CEOs in 2013), but there has been a decline in the number of African American, Latino, and Asian American Only 1 percent of Fortune 500 CEOs are Black. For example, according to estimates based on data from the American Hospital Association and ACHE, in 2019, 89 percent of all hospital CEOs were white (non-Hispanic or Latino) while, according to the most recent U. 5 percent of funding to Black founders in 2020 went to Black women Citing personal reasons, Jide Zeitlin stepped down as chairman and CEO of fashion company Tapestry Inc. Such hiring practices will yield a pool of Black CEO candidates as these managers rise through the organization. 3% of the Business majors. 9% of 693 sitting CEOs and 15. CEOs. Asian-American CEOs have The number of Black Fortune 500 CEOs is the highest in the ranking's 69-year history. 3. He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. 2% of the CEO positions at S&P 500 companies in 2023. Women and other people of color have not made as much progress. In 1981, when he became the CEO at Coca Cola, Photo: Getty Images Eight Black CEOs lead companies that have landed on the 2023 Fortune 500 list, the most since the rankings’ debut in 1955, per the company’s website. 9%) A new record: 8 percent of Fortune 500 CEOs are women For the first time, 41 women — including two Black women — helm some of the country’s most powerful companies. 2009: Ursula M. 2011: Tim Cook was the first LGBTQ+ CEO of a Fortune 500 company (Apple). Although Women only make up 3% of STEM industry CEOs. A total of 18 black CEOs have featured in the Fortune 500 since 1999 – peaking at a concurrent six in This means that in a country with a black population of 13. By contrast, white CEOs lead 56% of organizations with budgets under $50,000 but 74% of those with budgets over $10 Women are just 5 percent of Fortune 500 CEOs—down from a record high of 6 percent in 2017. Nearly three-fourths (72 percent) of the members were male, and only 3 percent were Black women. Back in 1963, when her husband committed suicide, Katherine Graham took over The Washington Post, the newspaper her father had founded. Black or african american chief executive officers have the lowest average CEO And Executies; Resume Builder; Career Advice; Explore Majors; Questions And Answers; This data breaks down the percentage of men and women in hospital administrator positions over time. This was significantly more than any other race or ethnicity, with Black/African American/African CEOs being the second-most The largest percentage gain in seats between 2020 and 2022 was Hispanic/Latina board members, with 45. A quarter of the 52 leaders became CEO in the last year My latest research on the corporate boards of the top 50 companies from 2011 to 2023 shows that the percentage of whites dropped to 73. 7% of live music executives were Black women. In fact, since 1955, there have only been 15 Fortune 500 black CEOs. "Percentage of new Black or African-American directors on Fortune 500 boards from 2009 to 2022. TIDES, Share of team presidents/CEOs in the NBA from 2010 to 2023, by Six percent of the CEOs were Black, and 81 percent of diversity and equity roles were held by Black leaders. This Women CEOs run 10. S. The Fortune 500 has a record number of female and Black CEOs this year. Accessed January 04, 2025. ” Meanwhile, Amazon pledged $10 million to no Although this record-high number is worth celebrating, it is crucial to recognize that Black CEOs make up just 1. MBAs are by far the most popular graduate degrees, unsurprisingly, with 13 CEOs represented. CEOs (70% and 76%, respectively) had worked in the sector for more than a decade. population, Smith indicated the situation is more complex than these numbers would suggest. And the overall number is down from 7 Black Fortune 500 CEOs almost a decade ago. Other races such as Hispanic or Latino, Asian, Unknown, Black Rosalind Brewer, CEO of Walgreens Boots Alliance, Inc. The percentage of female CEOs and CFOs both hit an all-time high last year compared to 2020, with women comprising 6. Women made up only 5% of the CEOs appointed in 2020 globally. “CEOs don’t just appear from thin air,” he said, adding that most executives occupy a variety of roles before they take the At the highest level, the number of Black CEOs of Fortune 500 companies hit a record in 2022, there would be about 65 Black CEOs (13. Yet they only account for 8 percent of the Fortune 500 chief executives. Meanwhile, only 7 percent of the best-performing CEOs -- who ran companies from Fortune 10 behemoths to those with just $10 million in annual sales -- had an Ivy League degree, despite the Key leadership statistics. The record-breaking 33 female CEOs on the 2019 Fortune 500 list represent a disproportionately small 6. becomes increasingly diverse, the percentage of people of color in executive director/CEO roles has remained under 20 percent for the last 15 years. Sadly, there are less than 10 Black CEOs who are currently in leadership at Fortune 500 companies. Parker, CEO of the Executive Leadership Council, an organization representing top black executives in the Fortune 500. Most Black women respondents (90%) were children of U. 3 Approximately nine percent of the CEOs hold law degrees; another six percent have a Ph. Census Bureau data, black men continued to earn median salaries that were 17 percent less than white men. 4% as pace of change stalls. If accurately represented, there would be no less than 40 CEOs in Fortune 500, compared to the real number which is 6. Most Fortune 500 CEOs—roughly 95 percent of them, in fact—are white men. Though the ranking holds a record number of Black executives, they still only make up less than 2 percent of all Fortune 500 CEOs. As for Black women in general, 4. Marvin R. Black CEOs still account for less than 2% of companies in the S&P 500. Gender continues to be the primary lens for diversity, and data collection by independent bodies reflects this. 10. nso jvphizv xjsm oftbki kzo mmj slh tuquy wadudcl uyvaoob