When Fortune magazine announced its annual Fortune 500 list ranking the 500 largest United States corporations by total revenue last week, there were a couple of notable and historic inclusions. The list contained more female CEOs — particularly Black female CEOs — than ever before. Taylor Dunn of ABC News…
Tag: Black Ceos
Merck CEO Kenneth Frazier to Retire, Leaving Just Three Black Fortune 500 CEOs
Longtime Merck CEO Ken Frazier who has worked at the pharmaceutical company for almost 30 years is retiring, the company announced Thursday, Feb. 4. He will be succeeded by CFO Robert Davis on April 1. “It has been a privilege to serve as Merck’s CEO for the past decade and…
Rosalind Brewer Named Walgreens CEO; Will Be the Only Black Woman Leading a Fortune 500 Company
Rosalind “Roz” Brewer has announced that she is leaving coffee giant Starbucks, where she served as chief operating officer to become the new CEO of Walgreens Boots Alliance (a DiversityInc Noteworthy company). The move will make Brewer the only current Black female CEO of a Fortune 500 company, and only…
Archived: Lowes Stock Rises on Report of Marvin Ellison Moving from CEO of JCPenney
Marvin Ellison, one of three Black CEOs in the Fortune 500, shared his career journey during DiversityInc’s Top 50 Companies for Diversity event May 1. On Tuesday, it was announced that Ellison will leave his position as CEO of JCPenney to take the helm of Lowe’s. Ellison joined JCPenney at…