Thompson
The announced retirement of McDonald’s CEO Don Thompson means the number of Black CEOs of Fortune 500 companies will drop by a third (from a year ago) when he steps down March 1.
Clarence Otis resigned as CEO of Darden Restaurants at the end of 2014. When Thompson retires on March 1, that will leave four Black CEOs, two of whom lead DiversityInc Top 50 companiesKenneth C. Frazier at Merck & Co. (No. 14) and Roger W. Ferguson Jr. at TIAA-CREF (No. 36).
The others are:
Kenneth I. Chenault, American Express
Don Thompson, McDonald’s
Ursula M. Burns, Xerox Corporation
An examination of national data compared with Top 50 data shows the gap in the pipeline of Black, Asian, Latino and female talent. U.S. data is from the Fortune 500 (CEOs) and the EEOC (Senior Execs, Managers, Board).
Black CEOs/Leadership
Top 50 | U.S. | |
CEOs | 6% | 1% |
Senior Execs | 7.9% | 2.3% |
Managers | 7.2% | 6.9% |
Board | 10.9% | 7.4% |
There are 10 Asian CEOs of Fortune 500 companies, two of whom are in the Top 50Ajay Banga of MasterCard (No. 6), who spoke at DiversityInc’s fall event, and Omar Ishrak of Medtronic (No. 41).
The others are:
Satya Nadella, Microsoft (in the news for his comments about women and raises)
Indra K. Nooyi, PepsiCo
Richard Hamada, Avnet
Kevin M. Murai, Synnex
Kevin Lobo, Stryker
Francisco D’Souza, Cognizant Technology Solutions
Sanjay Mehrotra, SanDisk
Lisa Su, Advanced Micro Devices
Asian CEOs/Leadership
Top 50 | U.S. | |
CEOs | 2% | 2% |
Senior Execs | 5.4% | 4.6% |
Managers | 10.6% | 5.9% |
Board | 4.8% | 2.6% |
There are 10 Latino CEOs of Fortune 500 companies, one of whom is in the Top 50Carlos Rodriguez of ADP (No. 24).
The others are:
George Paz, Express Scripts
Josue Robles, United Services Automobile Association (USAA)
Mario Longhi, U.S. Steel
Bernardo Hees, H.J. Heinz
J. Paul Raines, GameStop
Joseph Alvarado, Commercial Metals
Joseph Molina, Molina Healthcare
Robert E. Sanchez, Ryder System
Paul J. Diaz*, Kindred Healthcare
*Diaz will become Executive Vice Chair of Kindred’s board on March 31.
Latino CEOs/Leadership
Top 50 | U.S. | |
CEOs | 4% | 2% |
Senior Execs | 4.6% | 3.7% |
Managers | 6.3% | 7.2% |
Board | 6.8% | 3.3% |
There are 25 women CEOs of Fortune 500 companies, including Virginia M. Rometty of IBM (No. 23). Other Top 50 female CEOs are Christi Shaw of Novartis Pharmaceuticals Corporation (No. 1), Catherine Engelbert of Deloitte (No. 11) and Beth Mooney of KeyCorp (No. 47).
The DiversityInc 25 Noteworthy Companies include two Fortune 500 women CEOsMary T. Barra of General Motors and Ellen J. Kullman of DuPont. Debra L. Reed is CEO of Sempra Energy, one of DiversityInc’s Top 7 Utilities.
Other female Fortune 500 CEOs are:
Margaret C. Whitman, HP
Indra K. Nooyi, PepsiCo
Marillyn A. Hewson, Lockheed Martin
Safra A. Catz, Oracle
Irene B. Rosenfeld, Mondelez International
Phebe N. Novakovic, General Dynamics
Carol M. Meyrowitz, TJX
Lynn Good, Duke Energy
Ursula M. Burns, Xerox
Deanna M. Mulligan, Guardian Life Insurance
Kimberly Bowers, CST Brands
Barbara Rentler, Ross Stores
Sherilyn S. McCoy, Avon Products
Denise M. Morrison, Campbell Soup
Susan Cameron, Reynolds American
Heather Bresch, Mylan
Ilene S. Gordon, Ingredion
Jacqueline Hinman, CH2M Hill
Kathleen M. Mazzarella, Graybar Electric
Gracia C. Martore, Gannett
Lisa Su, Advanced Micro Devices
Women CEOs/Leadership
Top 50 | U.S. | |
CEOs | 8% | 5% |
Senior Execs | 29.3% | 29% |
Managers | 42% | 37.1% |
Board | 25.2% | 16.6% |
You can also access all our lists at www.DiversityInc.com/top50.