U.S. Black employees are significantly underrepresented in executive management with an average of 6% in VP/SVP/CEO (McKinsey, 2021).
As we continue to strive towards economic equity and inclusion, a select few have overcome great obstacles in their path towards excellence. Today’s Black executives (including the 1% of Fortune 500 CEO’s) are collectively carving a new path in finance, retail, travel, aerospace, and pharmaceutical industries. Read on for the complete list of top U.S. Black executives and the companies they are leading:
- Marvin Ellison
Marvin Ellison is the Chairman, President and CEO of Lowe’s Companies Inc. Valued at $10.5 billion, Lowe’s is a home improvement company with over 3,000 stores in the United States and Canada.
- Rosalind Brewer
Rosalind is the CEO of Walgreens Boots Alliance, a holding company in the pharmaceutical manufacturing and distribution business. Walgreens is currently valued at $97.8B.
- Russell Stokes
Russell stokes is the President and CEO of GE Aviation Services. Russell has more than 23 years at the aviation company that is valued at $100B.
- Craig Arnold
Arnold has been the CEO of Eaton since 2016. Eaton, a power management company, has its value estimated at $70B.
- Thasunda Brown Duckett
Thasunda is the President and CEO of TIAA, a financial services organization. Thasunda manages the $1.3 trillion worth of the institution’s assets.
- René Jones
René Jones has been the Chairman and CEO of M&T bank since 2017. The bank has more than $120B in assets.
- Frank Clyburn
Frank Clyburn is the CEO and Board Director of International Flavors and Fragrances Inc. (IFF). IFF is a multinational value-added ingredients company that has a net worth of $37.783B.
- Lloyd Dean
Lloyd Dean is the CEO of CommonSpirit Health, a $30 billion nonprofit healthcare company.
- Arnold W. Donald
Arnold is the CEO of Carnival Corporation & PLC. It is a cruise operator with $53.344B in assets.
- Kenneth Frazier
Kenneth Frazier is the Executive Chairman Merck and Co.’s board of directors. The multinational pharmaceutical company has a net worth of $210.97B.
- Cain Hayes
Cain Hayes is the President and CEO of Gateway Health. It is a managed care organization with a $9B net worth.
- Jo Ann Jenkins
Jo Ann Jenkins is the CEO of ARRP, a nonprofit organization focused on issues affecting the middle-aged and elderly population. ARRP’s estimated net worth is $2.7132 million.
- Brenda Lauderback
Brenda Lauderback is the Chairperson of Denny’s Inc.’s Board of Directors. The restaurant chain has assets totaling $460.387 million.
- Victor Swint
Victor Swint is the President and CEO of Tecomet. Telcomet is a medical and aerospace manufacturing company currently valued at $1B.
- Jon Platt
Jon Platt is the Chairman and CEO of Sony/ATV Music Publishing, the largest music distributor in the world. It is valued at between $2.2 to $2.4B.
- David Rawlinson II
David Rawlinson II is the CEO of Qurate Retail Group. It is a media conglomerate valued at $1.91B.
- Lisa Wardell
Lisa Wardell is the CEO of Adtalem Global Education. The company runs several education institutions and is valued at $1.51B.
- Eugene A. Woods
Eugene Woods is the President and CEO of Atrium Health, a hospital network with a net worth of about $10B.
- Jide J. Zeitlin
Jide Zeitlin is the Chairman and CEO of Tapestry Inc., a luxury fashion holding company valued at $6.6783B.
- Tracey Morant Adams
Tracey Adams is the Senior Executive Vice President at Renasant Bank. The regional bank based in Mississippi has $16.8B in assets.
- Peggy Alford
Peggy Alford is Executive Vice President, Global Sales at Paypal. The financial technology company is currently worth $75.803B.
- Aster Angagaw
Aster Angagaw is President at ServiceMaster brands. ServiceMaster is a home services business valued at about $7B.
- Kelly A. Baker
Kelly Baker is the Executive Vice President at Pentair a water treatment company valued at $9.15B.
- Craig Cuffie
Craig Cuffie is the Senior Vice President at Salesforce. Salesforce is a cloud-based software company with a net worth of $66.3B.
- Brian Ellis
Brian Ellis is the Senior Vice President and General Counsel at Danaher Corporation. Danaher is a globally diversified conglomerate with a net worth of about $240B.
These are the black executives at the helm of top-performing companies. The prospects of more black CEO’s in Fortune 500 companies are definitely higher than they have ever been. Are you a CEO or business owner? Future millionares check-in! Comment below.