Black CEOs Still Rare
In honor of Black History Month, here are 8 Black CEO names you should know.
While more and more Blacks are climbing the executive ladder, ending up with a spot in the C Suite, still the number of African American CEOs at Fortune 500 companies are far and few in between. Here are 8 black CEOs you should get familiar with:
1. Ursula Burns—Chairman and Chief Executive Officer of Xerox since 2009. Burns first joined the company in 1980 as a mechanical engineering summer intern before making her way up the ranks.
2. Kenneth I. Chenault—Chairman and CEO of American Express since 2001. He initially joined the company in 1981 as director of strategic planning before becoming CEO.
3. Steve Davis—Chairman of the Board and Chief Executive Officer of Bob Evans Farms Inc. Davis also worked as president of Long John Silver’s and A&W All-American Food Restaurants.
4. Roger W. Ferguson, Jr.—President and Chief Executive Officer to TIAA-CREF since 2008. Ferguson has also held positions at McKinsey & Company, Davis Polk & Wardwell, and Swiss Re America Holding Corporation.
5. Kenneth C. Frazier—Chairman of the Board, president, and Chief Executive Officer of Merck & Co., Inc. Frazier joined Merck in 1992 as vice president before making his way to CEO status.
6. Rodney O'Neal—Chief Executive Officer and president of Delphi since 2007. O’Neal began his automotive career at General Motors in 1971.
7. Clarence Otis—He accepted the role of Chief Executive Officer of Darden Restaurants in November 2004.
8. Don Thompson—President and Chief Executive Officer of McDonald’s Corporation since 2012. He started his career in the company as an electrical engineer in 1990.