August 2019
Intermediate to advanced
512 pages
14h 7m
English
LYNN PERRY WOOTEN and ERIKA HAYES JAMES
The presence of African American CEOs in Fortune 500 corporations has been described as “glacial”—a slow-moving change with limited progress (White, 2017). In 2001, when we began this millennium, Ken Chenault was appointed CEO of American Express, and throughout the next ten years other Fortune 500 companies appointed African American CEOs—Don Thompson at McDonald’s, Ursula Burns at Xerox, Roger Ferguson at TIAA-CREF, Kenneth Frazier at Merck, and Marvin Ellison at JCPenney. Although African American CEOs held only 2 percent of Fortune 500 CEO positions, their appointments were considered an upward trend. By 2018, however, there appeared to ...
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