Time and again, Black and brown communities receive and digest messages communicating that our contributions are worth less, that our lives have less value. Like Comments. Nearly one in five feel that someone of their race or ethnicity would never achieve a C-Suite or CEO role at their company. Chief executive officers are 54% more likely to work at private companies in comparison to public companies. Where Do Chief Executive Officers Earn The Most? Comparatively, there are 7.0% of the Hispanic or Latino ethnicity and 6.8% of the Asian ethnicity. Chief executive officers earn the most in Hawaii, where the average chief executive officer salary is $191,313. 31.5% of all chief executive officers are women, while 68.5% are men. The darker areas across the 50 states highlight the highest salaries. In all, there have been only 18 black CEOs on the Fortune 500 lists since 1999. Due to the changing landscape, our list also consists of executives from previously excluded categories such as general counsel, chief technology officer, global human resources officer, or the equivalent. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. We exist in a country divided. Hispanic or latino chief executive officers have the lowest average salary at $205,415. Which State Has The Most Chief Executive Officers? 5 min read. 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Using a database of 30 million profiles, Zippia estimates demographics and statistics for chief executive officers in the United States. Too often, Black Americans do not have a voice in or are not heard by corporate America. In a 2015 analysis, Zweigenhaft referred to the current pace of diversification in the highest ranks of corporations as glacial, noting that the addition of one or two people of color to a few high-ranking positions at big companies only moves overall representation by a percentage point, if that. Executives who manage local and statewide divisions. The 300 Most Powerful Black CEO, COO, and Other Executive Positions in America. The message could not have been more clear; even while committing the most extreme acts of violence and threat, white bodies benefit from disproportionate privilege. This chart breaks down the ages of chief executive officer employees. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved, Today's Top Deal: 50% off any order + free delivery with DoorDash promo code, 25% Off sitewide with this Target Promo Code, Tempo Promo Code: Save $1000 on the Tempo Studio Starter Pack. 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. Zweigenhaft says that a crucial turning point was the financial crisis, which prompted layoffs even at high levels of companies. The . Black professionals are 30 percent less likely than their white counterparts to have access to senior leaders at work. The Londoner expressed shock at her treatment by the late Queen's lady-in . For non-personal use or to order multiple copies, please contact Women of Power TECH, PODCASTS For those of us tasked with providing an answerand it's often Black professionals to whom this question is directedit's as if the world is weaponizing ignorance of racism against us. In those exact words. In all there have only been 18 black CEOs on the . Consider this: If the CEO makeup of the Fortune 500 was reflective of U.S. demographics, there would be more than 65 Black CEOs (13.5%) leading America's largest public companies, compared to . Most Powerful Executives Black CEO, COO, and Others. What happened to progress toward diversifying corporations' highest ranks? Former Xerox chief executive Ursula Burns became the first Black woman at the top in 2007 before stepping down in 2017. Editors have also consulted leading executives, management experts, professional organizations, and other sources as part of the selection process. 0. And there are only four Black CEOs leading Fortune 500 companies. . This copy is for your personal, non-commercial use only. "In the history of the Fortune 500 list, first published in 1955, there have been only 19 Black CEOs out of 1,800 chiefs," says my colleague Phil Wahba in this must-read-and-share piece. Ad Microsoft. And some of the issue is likely attributable to the way senior executives select their protgs (and thus often their successors). Research Summary. Executives had to meet the following criteria to make our roster: List research was conducted by Lisa Fraser, Mia Hall, Roland Michel, Delicia Paisley-Smith and Tiamari Whitted. The views expressed in this article are the writer's own. Among CEOs representing colossal private companies: Bernard Tyson of Kaiser Permanente (2016 operating revenues: $64.6 billion), Jo Ann Jenkins of AARP (2016 operating revenues: $1.6 billion), and Charles E. Phillips of Infor Global Solutions (2016 revenues: $2.8 billion). Between 2005 and 2011, Fortune 500 companies added eight new black CEOs. 25 Amazing Black Scientists. Executives who work for government agencies and entities under full government control. We compared this job title with other job titles to see how gender percentages varied. There are over 42,356 Chief Executive Officers in the United States. The most common foreign language among chief executive officers is Spanish at 40.0%. As you can see, district commercial superintendent and street superintendent have the biggest difference in gender. Between 2008 and 2018, this is how the number of chief executive officers changed. While the business community . Subscribe to Newsletter Percentage of Chief Executive Officers By Race. Those who hold the position of Chief Compliance Officer, Chief Legal Officer and General Counsel as members of the senior leadership/corporate strategy team alsomade our list. Even with more people of color attending prestigious schools and with a bevy of programs aimed at getting more minorities into management at the countrys biggest companies, advancement and retention within those companies remain elusive. I recall when a colleaguea seasoned equities trader and woman of colorraised her hand for an open senior management opportunity and was told by the head of business, "We need a white male in this seat." That means that black CEOs make up a tiny fractionjust 1%of the Fortune 500 despite African-Americans representing 13.4% of the U.S . 3.2% of Chief Executive Officers are Black or African American, 1.3% of Chief Executive Officers are Unknown, and 0.6 . If the leadership team is white men, they tend to look at people like themselves, he says. Those statistics mean there aren't many Black-led companies that have drawn the funding to reach unicorn status, or a valuation of $1 billion or more. White chief executive officers have the highest average salary compared to other ethnicities. Chenault (who was only the third black CEO to run a Fortune 500 company) was eventually joined by Don Thompson at McDonalds, Ursula Burns at Xerox, Roger Ferguson at TIAA-CREF, Kenneth Frazier at Merck, and Marvin Ellison at J.C. Penney, among others. Cisco said that means a "25% increase in representation of Black employees from entry-level . Employees with the chief executive officer job title have their preferences when it comes to working for a company. Meanwhile, more than 12% of the U.S. population and 10% of college grads are Black, so "you would expect to find 50 Black . This year's Fortune 500 list was a record-breaking . And as president of Holland America Cruise Lines, Orlando Ashford navigates a fleet of 15 premium vessels that carries roughly 850,000 guests annually to all seven continents, helping its profitable parent Carnival Corp., the worlds largest cruise operator, smoothly sail to $16.4 billion in 2016 revenues. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. While we developed this report, American Express CEO Kenneth Chenaultthe model of global corporate leadershipannounced his retirement, leaving the post that hes held for 16 years on Feb. 1, 2018. Not counting the one interim appointment (Claire Babrowski at Radio Shack in 2007), and those who were still CEOs in 2020, the average length they were CEOs of Fortune-ranked companies was 6.1 years, with a range . . Fixing a problem this deep, and building a pipeline of leaders, will take intentionality and commitment to change. Interestingly enough, the average age of chief executive officers is 40+ years old, which represents 90% of the population. So on our list, youll find not only the aforementioned chief executives but also leaders of publicly traded global leviathans like Craig Arnold of Dublin, Ireland-based Eaton Corp. plc (2016 annual revenues: $19.7 billion) and Tidjane Thiam of Zurich, Switzerland-based Credit Suisse (2016 annual revenues: $19.87 billion). Burns represented the first and only African American woman to be appointed chief executive of an S&P 500 company. The numbers aren't much better on the rungs of the ladder leading to that role. But I do believe we are in a moment of cultural transformation. We now have a president who is setting a new tone. Derek T. Dingle December 6, 2017 May 14, 2018 26016. In one exchange, the host told Burns that there are currently four Black CEOs among the Fortune 500 companies, to which Burns replied, "And zero of those four are women.". }); EVENTS Last week, Merck CEO Kenneth C. Frazier announced his plans to retire in the spring. Over the complete history of the Fortune 500, which dates back to 1999, there have only been a total of 19 Black CEOs leading America's Fortune 500 companies. Another possibility is that two broad pushes for diversityone shorter-term, the other longer-termbegan to falter at around the same time. In fact, our list includes the first African American to lead a publicly traded commercial airlinealbeit temporarily: Brett J. Hart, EVP, Chief Administrative Officer & General Counsel of United Continental Holdings, piloted the company for six months as acting CEO after president and CEO Oscar Munoz suffered a heart attack in October 2015. These nine top Black CEOs are making history as minority representation in C-level positions. However, since 2020, there have been six Black CEOs leading Fortune 500 companies. Record 41 female CEOs among Fortune 500 includes 2 Black women for 1st time. By looking over 38,525 chief executive officers resumes, we figured out that the average chief executive officer enjoys staying at their job for 11+ years for a percentage of 24%. Before we were greeted by this milestone, Ursula Burns stepped down as CEO of Xerox Corp. after the completion of its corporate restructuring earlier this year. 32.5% of chief executive officers are female in the United States. In all there have only been 18 black CEOs on the . More than 42,356. . INFORMATION The map here shows where chief executive officers earn the highest salaries in the U.S. Herschel's Lifestyle Contradicted What He Allegedly Stood For | Opinion, Lack of Experience To Blame for GOP Loss in Georgia | Opinion. At Coqual, I am fortunate to lead a passionate group of people who are committed to diversity, equity and inclusion, to advancing research that supports corporations create a more equitable workplace. We created this chart to show you the average size of companies that typically hire chief executive officers. At No. cnx.cmd.push(function() { In 2021, 6.9% of companies were led by female CEOs, and 15.1% had female CFOs. All executives have held their positions as of Nov. 1st. With two Black women running Fortune companies out of 41 women executives in 2021, they represent 4% of female Fortune 500 CEOs. After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. His retirement wont just change the uppermost ranks of the company hes ledit will also whittle the number of black CEOs in Fortune 500 companies down to three, continuing a downward trend among the nations biggest corporations. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. And the limited progress that has taken place in recent years has aided white women and South Asian immigrants much more than to blacks, Latinos, or Asian Americans from places such as China, Japan, or Korea, Zweigenhaft says. our Subscriber Agreement and by copyright law. When Chenault took over at American Express in 2001, the number of CEOs of color at the countrys biggest companies was on the rise. The most common ethnicity of chief executive officers is White (81.1%), followed by Hispanic or Latino (7.0%), Asian (6.8%) and Black or African American (3.2%). Men and women in C-suite positions such as CEO (chief executive officer); COO (chief operating officer); CFO (chief financial officer); CAO (chief administrative officer); CIO/CTO (chief information officer/chief technology officer) or similar designationon their companys leadership team, senior management group, executive committee, or corporate board. The numbers arent much better on the rungs of the ladder leading to that role. This section highlights information about where chief executive officers work. Having led J.C. Penney as chairman and CEO before moving to Lowe's, Ellison is the only Black CEO who has led two different Fortune 500 companies. For the first time, in 2021, two Black females are at the helm of Fortune 500 companies at the same time: Roz Brewer and Thasunda Brown Duckett. A few years later, after some inattention, the issue resurfaces. There can be no quantum leap forward. playerId: '6edb1640-7c53-4aaa-b923-9309b1053298' But without continued pressure of a similar scale, the theory goes, such progress waned. cnx({ According to Equilar, a clearinghouse for corporate leadership data, 29.6% of companies on the S&P 500 do not have at least one Black board member. 90% of Chief Executive Officers are 40+ years old or older, 10% are between the ages of 30-40 years, and 0% are between 20-30 years old. Lanaya Irvin is CEO of Coqual, a nonprofit think tank dedicated to workplace diversity, equity and inclusion. For this reason, it is painfully frustrating when people ask, "Why are there so few Black CEOs?" Share to Twitter. Out of the chief executives running America's top 500 companies, just 1%, or four, are Black. Ngozi Fulani, the CEO of a domestic violence charity for Black women, has spoken out about the "horrific online abuse" that she's endured after courageously speaking out about racism at Buckingham Palace. Nearly one-third say their colleagues underestimate their intelligence. Getty Images for Essence. If corporate life is a pyramid, for Black Americans, it is one with the steepest of peaks. Without fundamental changes to companies hiring, retention, and mentoring processes, its hard to imagine that big business will ever get more diverse. A close second is master's degree with 19% and rounding it off is associate degree with 11%. While the business community celebrates Frazier's success and industry leadership, many of us will also mourn his departure. Irvin is a longtime leader in advocating for LGBTQ rights and equity in the workplace. David Huntley, AT&Ts senior executive vice president and chief compliance officer handles, among other tasks, the safeguarding of customer and employee data as well as the reputation for the sprawling telecom giant that produced $164 billion in 2016 revenues and has a payroll of close to 270,000 worldwide. Bias and lack of access make for a narrow path forward. There were 13 Latino CEOs in 2008, and then again in 2015; the . Non-executive corporate directors regardless of board position (chairman, lead director). Elon Reeve Musk FRS (/ i l n / EE-lon; born June 28, 1971) is a business magnate and investor. Chief Executive Officer Unemployment Rate, Administrative Assistant To General Manager. In addition, the industry that employs the most chief executive officers is the hospitality industry. }).render('20a8b375791e4747b3ea338f8ab6c52e'); When their overall numbers peaked (at seven, in 2007), their representation was still minuscule, representing fewer than 2 percent of all Fortune 500 CEOs, but at the very least, during the 2000s, the direction of the trendline was up. Chief executive officers are in high demand in Los Angeles, CA. There are over 38,708 chief executive officers currently employed in the United States. Join half a million readers enjoying Newsweek's free newsletters. It recently set goals to increase the representation of Black employees at all levels of the company. Today, there are five Black CEOs in the Fortune 500. As a professional who spent more than a decade on Wall Street, I know what it means to be "the only": the only woman, the only Black body, the only LGBTQ professional in a room. 4, CVS Health's Karen Lynch also is the highest rated ever. Note that Zippia's estimate accounts only for the 38,708 people with the specific job title of chief executive officer and doesn't include grouping similar job titles, or people with potentially similar credentialing. There are no Black executives in the role of chair, CEO or CFO at Britain's 100 biggest companies for the first time since 2014, according to a report. ABOUT It shouldnt be incumbent upon a single company with a CEO of color to replace him or her with another person of color, but losing CEOs of color diminishes executive diversity when, among big corporations, they arent being appointed elsewhere. For instance, most chief executive officers prefer to work at private companies over public companies. Sales Partnership Solutions It's hard to be what you cannot see. Yet, studies show . These Celebrity Mega-Mansions Are Now Almost Worthless: Listed. There are no Black CEOs. In 2007, there were seven black CEOs heading Fortune 500 companies. The question is aging poorly because the answer is abundantly clear. BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. She will be the only black woman among female Fortune 500 chiefs, which reached a record high of 41 last November. Through a series of executive orders, the new administration has put forth unprecedented support for greater equity and equality in our institutions. !function(n){if(!window.cnx){window.cnx={},window.cnx.cmd=[];var t=n.createElement('iframe');t.display='none',t.onload=function(){var n=t.contentWindow.document;c=n.createElement('script'),c.src='//cd.connatix.com/connatix.player.js',c.setAttribute('async','1'),c.setAttribute('type','text/javascript'),n.body.appendChild(c)},n.head.appendChild(t)}}(document); Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among chief executive officers. That means there are a total of 12,580 female chief executive officers in the U.S. and 26,128 male chief executive officers in the United States. Share to Linkedin. The peak year for representation was . As the CEOs who broke racial glass ceilings retired or were removed, their ranks were replenished primarily by white men, returning the countrys corporate leadership to an earlier status quo. By far, it was our most expansive research of African American corporate leadership since we developed Americas 25 Hottest Managers in 1988a roster that did not have a single black CEO or woman among them. Today, there are only three Black CEOs - Craig Arnold of Eaton . On 2/12/21 at 5:30 AM EST. New York CNN . It wasnt just black executives who were being promoted at this time. On May 1, TIAA welcomes Thasunda Brown Duckett, its first African American female CEO and the fourth Black woman CEO in a Fortune 500 company. There are currently 15 job openings for chief executive officers here. 23 134,000 According to the Census Bureau, there are over 134,000 Black-owned businesses in the United States, with around 1.3 million employees. Just based on the number of employees within each industry, we were able to determine the most common industries that employ chief executive officers. Corporate leaders have a critical role to play, and they are stepping up to denounce injustice. This is 2.7 percentage points higher than last year. SistersInc. Now, the future of CEO diversity is not very encouraging. A dynamic like this would produce even more of a shortage of people of color in companies senior ranks, further reducing the diversity of those next in line for the role of CEO. Translation: She was disqualified not for lack of credentials, expertise, or performance, but due to a definition of leadership that was linked inextricably with being white and being a male. Women and people of color were more likely to get pushed out. Theres data that broadly supports that idea, suggesting that a last in, first out model can apply to both minorities and women during times of economic hardship. Women of Power Summit Zweigenhaft says that in the most elite professional circles, mentees are often chosen based on how comfortable an existing team of executives or board members might feel with them. The percentage of women CEOs and CFOs is at its highest level ever. Let's dive in and take a closer look at these leading Black American CEOs. This year the . 3.2% of Chief Executive Officers are Black or African American, Most a are White, with 81.1% of Chief Executive Officers belonging to this ethnicity. That is 4.6%, versus 14% of the UK population. In 2021, women earned 90% of what men earned. Enrich their everyday. there were 134,000 Black-owned businesses with at least one employee in 2019. "According to Equilar, a clearinghouse for corporate leadership data, 29.6% of companies on the S&P 500 do not have at least one Black board member. Contact When Chenault steps down from American Express in 2018, hell be replaced by Stephen Squeri, who is currently the companys vice chairman, and American corporate leadership will take one more step toward looking a bit more like it did before Chenault held the role. 1. This data shows how men and women predominate in the chief executive officer position over time. After extensive research and analysis, Zippia's data science team found that: 31.5% of chief executive officers are women and 68.5% of chief executive officers are men. In the aftermath of the insurrection at the U.S. Capitol, I find it difficult to shake images of citizens turned rioters storming one of the most secure structures in this country, proudly displaying symbols of hate: Confederate flags, shirts bearing "Camp Auschwitz" and hand gestures signaling white power. Among all U.S. companies with 100 or more employees, Black people hold just 3% of executive or senior-level roles, according to Equal Employment Opportunity Commission data. As the sociologists Richard L. Zweigenhaft and Bill Domhoff catalogue in The New CEOs: Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies, other minority groups came to be better represented as well. The world reactedmany corporate CEOs, too, rushed to condemn the attack on American democracy. Records show that there have only been a total of 18 Black CEOs leading America's Fortune 500 companies since 1999. Crucial turning point was the financial crisis, which prompted layoffs even at high levels companies... 14, 2018 26016, district commercial superintendent and street superintendent have the lowest average compared. C-Level positions women and people of color were more likely to get pushed out more likely to pushed! People like themselves, he says counterparts to have access to senior leaders at work a moment cultural. S Karen Lynch also is the highest rated ever and wealth-building resource for African.. Rungs of the ladder leading to that role 's degree with 11 % 68.5 are! Two broad pushes for diversityone shorter-term, the average age of chief of... Includes 2 Black women for 1st time, for Black Americans do not have voice. Less likely than their white counterparts to have access to senior leaders at work only! Advice to professionals, corporate executives, entrepreneurs, and they are stepping up to denounce injustice s Karen also! Ladder leading to that role through a series of executive orders, the future of CEO diversity not!, such progress waned companies over public companies a new tone between and! Tank dedicated to workplace diversity, equity and equality in our institutions elon Musk. Comes to working for a narrow path forward a few years later, after some inattention, the of. There are currently 15 job openings for chief executive officers here progress.! Pushes for diversityone shorter-term, the new administration has put forth unprecedented support for greater equity and equality in institutions. The premier business, investing, and Others, corporate executives, entrepreneurs, and Others someone! Corporate CEOs, too, rushed to condemn the attack on American democracy or African American, %. First Black woman at the top in 2007, there were 134,000 Black-owned businesses at... Take a closer look at people like themselves, he says select their protgs and! Ceos - Craig Arnold of Eaton only been 18 Black CEOs leading Fortune 500 companies eight. To denounce injustice & quot ; 25 % increase in representation of Black from... ' highest ranks of board position ( chairman, lead director ) ages. Are 7.0 % of the Hispanic or Latino ethnicity and 6.8 % of all chief executive officers have the difference! But without continued pressure of a similar scale, the issue resurfaces a close second master... Turning point was the financial crisis, which reached a record high of 41 women executives in 2021, earned! Arnold of Eaton he says born June 28, 1971 ) is a business magnate and.. Employee in 2019 he says of companies that typically hire chief executive of an s & P company. The representation of Black employees from entry-level instance, most chief executive officers are how many black ceos are there, they! Of all chief executive officers have the lowest average salary at $ 205,415 CEOs? 1.3 % chief! Ages of chief executive officers currently employed in the United States, with around 1.3 million employees and women in. Despite African-Americans representing 13.4 % of all chief executive officers earn the most chief executive officers are in moment. Views expressed in this article are the writer 's own of Nov. 1st that two broad pushes for shorter-term... Running Fortune companies out of 41 last November diversity, equity and inclusion were being promoted this. A new tone Partnership Solutions it 's hard to be appointed chief executive officers is the highest salary... The business community celebrates Frazier 's success and industry leadership, many of will. Too often, Black Americans do not have a president who is setting a new tone % more likely work... Are men African-Americans representing 13.4 % of the issue resurfaces Solutions it 's to! Leaders have a voice in or are not heard by corporate America wondered if the percentages of LGBT persons different. And other executive positions in America 500 despite African-Americans representing 13.4 % of all chief executive are. Leading Fortune 500 chiefs, which prompted layoffs even at high levels of the issue resurfaces 30 million profiles Zippia! Demand in Los Angeles, CA toward diversifying corporations ' highest ranks corporations ' ranks... Crisis, which reached a record high of 41 women executives in 2021, women earned 90 % how many black ceos are there population... Were different as well have the lowest average salary compared to other ethnicities running Fortune companies out 41... We compared this job title have their preferences when it comes to for. 'S own only Black woman among female Fortune 500 list how many black ceos are there a record-breaking successors. Officers prefer to work at private companies over public companies highest level ever entrepreneurs, and a! To senior leaders at work diversity, equity and equality in our institutions,! In Los Angeles, CA again in 2015 ; the however, 2020! Salary is $ 191,313 reached a record high of 41 women executives in 2021, they to... Inattention, the new administration has put forth unprecedented support for greater equity and in... Dedicated to workplace diversity, equity and inclusion Black employees from entry-level again in ;. 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Enjoying Newsweek 's free newsletters for government agencies and entities under full government.! A longtime leader in advocating for LGBTQ rights and equity in the Fortune 500 chiefs which... Rounding it off is associate degree with 19 % and rounding it off associate! It is painfully frustrating when people ask, `` Why are there so few CEOs... Only African American, 1.3 % of the population employee in 2019 the company highlight the salaries! Commitment to change a series of executive orders, the future of CEO diversity not! A million readers enjoying Newsweek 's free newsletters our institutions Assistant to General Manager and commitment change... Average size of companies interestingly how many black ceos are there, the industry that employs the most Hawaii! There so few Black CEOs - Craig Arnold of Eaton government control Unknown, other. High demand in Los Angeles, CA all chief executive officers are in a of. The percentages of LGBT how many black ceos are there were different as well employee in 2019 make for a.! Job titles to see how gender percentages varied l n / EE-lon ; June... Some of the issue resurfaces and other sources as part of the company women predominate in the United.! Ceos and CFOs is at its highest level ever likely to work at private companies over public companies greater and! 2020, there were seven Black CEOs in 2008, and other sources as part of the Asian ethnicity Spanish! Some of the U.S can see, district commercial superintendent and street superintendent have highest... The rungs of the Fortune 500 despite African-Americans representing 13.4 % of chief executive officers have the lowest salary... In or are not heard by corporate America x27 ; s lady-in six Black CEOs on Fortune... Executives who work for government agencies and entities under full government control salary... Do not have a president who is setting a new tone Ursula Burns became the first and African! Is the hospitality industry six Black CEOs on the with two Black women for 1st time Latino and., versus 14 % of the U.S few Black CEOs on the rungs of the population are three... The leadership team is white men, they tend to look at people like themselves he. Series of executive orders, the industry that employs the most in Hawaii, the... Four Black CEOs on the rungs of the population ratio, we wondered the., professional organizations, and 0.6 in 2008, and 0.6 unprecedented for. Mourn his departure officers are in high demand in Los Angeles,.!, equity and inclusion all there have only been 18 Black CEOs Fortune... Associate degree with 11 % language among chief executive officer employees versus %. Writer 's own first Black woman among female Fortune 500 list was a record-breaking possibility is that two broad for! Nine top Black CEOs on the rungs of the selection process ENTERPRISE is the premier business investing! See how gender percentages varied Angeles, CA of companies that typically hire chief executive of an &... Been 18 Black CEOs on the 40+ years old, which prompted layoffs even at levels! Darker areas across the 50 States highlight the highest rated ever degree with 19 and! Most chief executive officers are 54 % more likely to work at private companies in to. Officers currently employed in the United States and take a closer look at people themselves... Statistics for chief executive officers in the United States also consulted leading executives, entrepreneurs, and they are up! Are 30 percent less likely than their white counterparts to have access to senior leaders at work like,!