close and back to page

Latest News

Latest News

Where's the Diversity in Fortune 500 CEOs?

There's a dearth of Black, Latino and Asian CEOs running major companies—but the DiversityInc Top 50 companies have better stats.

Banga, Rodriguez


Banga, Rodriguez

There are five Black CEOs of Fortune 500 companies, accounting for 1 percent of all Fortune 500 CEOs. Merck & Co. is No. 14 in The 2014 DiversityInc Top 50 Companies for Diversity and TIAA-CREF is No. 36. CEOs in the DiversityInc Top 50 total 6 percent Black.

• Kenneth C. Frazier, Merck & Co.

• Roger W. Ferguson Jr., TIAA-CREF

• Kenneth I. Chenault, American Express

• Don Thompson*, McDonald's

• Ursula M. Burns, Xerox Corporation<

*Thompson has announced his retirement effective March 1.

There are 10 Asian CEOs of Fortune 500 companies, accounting for 2 percent of all Fortune 500 CEOs. Medtronic is No. 41 in the DiversityInc Top 50 and MasterCard is No. 6. CEOs in the DiversityInc Top 50 are 4 percent Asian.

• Satya Nadella, Microsoft

• Indra K. Nooyi, PepsiCo

• Richard Hamada, Avnet

• Omar Ishrak, Medtronic

• Kevin M. Murai, Synnex

• Kevin Lobo, Stryker

• Francisco D'Souza, Cognizant Technology Solutions

• Ajay Banga, MasterCard Worldwide

• Sanjay Mehrotra, SanDisk

• Lisa Su, Advanced Micro Devices

There are 10 Latino CEOs of Fortune 500 companies, accounting for 2 percent of all Fortune 500 CEOs. ADP is No. 26 in the DiversityInc Top 50. CEOs in the DiversityInc Top 50 are 4 percent Latino.

• George Paz, Express Scripts

• Josue Robles, United Services Automobile Association (USAA)

• Mario Longhi, U.S. Steel

• Bernardo Hees, H.J. Heinz

• Carlos Rodriguez, ADP

• 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 Chairman of Kindred's board on March 31.

There are 25 women CEOs of Fortune 500 companies, accounting for 5 percent of all Fortune 500 CEOs. IBM is No. 23 in the DiversityInc Top 50. CEOs in the DiversityInc Top 50 are 6 percent women.

• Mary T. Barra, General Motors

• Margaret C. Whitman, HP

• Virginia M. Rometty, IBM

• Indra K. Nooyi, PepsiCo

• Marillyn A. Hewson, Lockheed Martin

• Safra A. Catz, Oracle

• Ellen J. Kullman, DuPont

• 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 Lubel, CST Brands

• Debra L. Reed, Sempra Energy

• 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

• Lisa Su, Advanced Micro Devices

• Gracia C. Martore, Gannett

You can also access all our lists at www.DiversityInc.com/top50.

Who's Left on Trump's Business Councils?

Which CEOs have — and have not — responded to President Trump's handling of Charlottesville?

Doug McMillon, Walmart CEO / REUTERS

During a critical time for business leaders, CEOs and other company leaders have faced decisions. Some chose to remove themselves from White House business councils after President Donald Trump did not immediately disavow white supremacy after violent protests in Charlottesville, Va., left one counter-protester dead and many others injured.

Read More Show Less

Walmart Apologizes After Their Website Describes Wig Cap as 'N****r-Brown'

Leading retail chain Walmart has apologized for allowing a third-party seller to list a racial slur in the product description of a hair product.

Global retail chain Walmart has come under fire for the oversight of a racial slur used on their website. REUTERS

The hypermarket retail chain Walmart (a DiversityInc 25 Noteworthy Company) has apologized after failing to realize that their website used a racial slur to describe a wig cap that was being sold on their site.

Read More Show Less

KPMG: Confidence Abounds for U.S. CEOs

Significant investment in cyber, digital, emerging technology is expected in next three years, according to KPMG's study.

U.S. chief executives are highly confident about their business prospects over the next three years and will focus on investing in new technologies in order to remain competitive and grow, according to a study released today by KPMG (No. 11 on the DiversityInc Top 50 Companies list), the U.S. audit, tax, and advisory firm.

Read More Show Less

Black History Month Timeline and Facts & Figures

DiversityInc provides a downloadable list of the important dates and relevant data surrounding Black History Month.

Black History Month is a time to commemorate achievement. DiversityInc provides a list of the important dates and relevant demographics you need to know.

Read More Show Less

National Hispanic Heritage Month Timeline and Facts & Figures

How can Latinos, one of America's fastest growing demographics, influence your business success? View our Hispanic Heritage timeline and facts to find out.

National Hispanic Heritage Month is celebrated annually from Sept. 15 to Oct. 15 by recognizing the history, culture and contributions of Latino Americans. Hispanic Heritage Week was commemorated in 1968 by President Lyndon Johnson and expanded to a month in 1988.

Read More Show Less

Black CEO Talks About Diversity, is Called Racist

Sam's Club CEO Rosalind Brewer came under fire for acknowledging corporate America's very apparent lack of diversity.

Rosalind Brewer, Sam's Club CEO

Sam's Club CEO Rosalind Brewer has received backlash after acknowledging corporate America's very real struggle with diversity.

Read More Show Less

Accenture Names First Woman As US Group Chief Executive

Accenture named Julie Spellman Sweet to head its U.S. operations. As of next month, four of the six major consulting firms will have women leaders.

Accenture's announcement that Julie Spellman Sweet has been promoted to Group Chief Executive-North America means that as of next month, four of the six major consulting firms will have women leaders (Deloitte, IBM and KPMG are the others).

Read More Show Less

Why Top 50 Companies Beat Fortune 500 in Diversity Recruiting, Promotions

DiversityInc Top 50 Companies use more diversity-management best practices – and have significantly more gender and racial/ethnic diversity in management and top levels – than the Fortune 500.

PricewaterhouseCoopers

By Barbara Frankel

Read More Show Less