Management The company comprises Polo, Lauren, Ralph Lauren, Chaps, and Club Monaco; operates about 275 retail stores in the U.S.; and licenses more than 100 others worldwide. In the same period, there have only been four Black women Fortune 500 CEOs. After auditing NASAs books, it found a $1.7 billion discrepancy. In more than 15 years as head of the NMSDCs network of 39 affiliated regional councils, she has helped provide vending opportunities to more than 15,000 certified minority-owned companies, matching them with 3,500 corporate members. One of her goals this year is to create original programming. Age: 41 Black women, even with discrimination andbias, work twice as hard and good as their counterparts. The CEO of Sams Club, Rosalind Brewer is currently the one calling the shots as the president and CEO of Sams Club. Jes Wolfe, CEO. From a business perspective, having a diverse executive staff that can effectively implement major decisions is necessary to reach a widening consumer base. Subscribe to Newsletter In seven years, she has expanded the unit from a 140-member strike team to a 16,000-person division that grossed more than $2 billion in 2005. TV One. Clout: Could Sandlers job be any sweeter? Clout: Two years after joining Goldman Sachs in 1996, Cooper was promoted to managing director. Each executive reports directly to the CEO, COO, or the executive management team or hold positions on corporate board committees. playerId: '6edb1640-7c53-4aaa-b923-9309b1053298' Clout: Norman is a leading force in the ultracompetitive landscape of television programming. 1. She is charged with rebuilding Motowns roster. In July, her firm became a major bond underwriter for Detroit Public Schools. Interviews with 59 Black Female Executives Explore Intersectional Invisibility and Strategies to Overcome It by Alexis Nicole Smith, Marla Baskerville Watkins, Jamie J. Ladge, and Pamela. Both figures are slight improvements from . BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Even McDonalds made Splenda its sweetener of choice. Today, Hughes has a publicly traded media company, Radio One. Clout: Nappier is a fire-brand when she attends shareholders meetings to do battle on behalf of the beneficiaries of the Connecticut Retirement Plans Trust Fund (CRPTF), the state pension fund. Outside the company she serves on the board of directors for Rollover Systems and CW Wellspring Entertainment. Contact Her company, Harpo Inc., ranks No. 4 on the BE INDUSTRIAL/ SERVICE 100 list with $622.7 million in revenues) has mushroomed into a multidivisional company. ow.ly/Wehk50LYRU7. She chairs the marketing committee of the Pepsi Ethnic Consumer Advisory Board and serves on the board of the National Retail Federation. Women of color, which included Black, Asian, and Latinx women, accounted for just 3 percent, falling significantly below white men (66 percent) and white women (19 percent), according to 2020 findings from the McKinsey & Company report. Her latest endeavor is a lifestyle company that includes Market Salamander, a gourmet marketplace; the luxury Salamander Resort & Spa; and Mistral, a bath and body products line. Roz is also focused on implementing changes that can help create a seamless shopping experience of shopping at Sams Club. Age: 47 Since 2004, Ross has managed the worldwide strategic and financial planning for FedEx Express operations, the subsidiary that operates in 52 countries and employs more than 140,000 workers. In addition to working for the beverage giant, Palmer serves as a board trustee and secretary of Spelman College. Not just this, but she has worked with both privately held and Fortune 100 companies. She has over 20 years of experience in leading digital initiatives that advance thegoalsand priorities of organizations. Ursula Burns is the very first female, and a Black woman appointed as the head of Xerox, a Fortune 500 company. I dont see that changing anytime soon, she says. Over a six-month period, our editors reviewed biographies and resumes and conducted interviews with hundreds of potential candidates. Each executive has a direct impact on ensuring their corporations are market leaders and/or play a vital leadership role in revenue generation, profitability, market share, and strategic development. Women who hold C-suite positions including CEO (chief executive officer); COO (chief. As manager of all business operations outside of research and portfolio management, she has made Ariel one of the investment communitys most effective operators. Age: 42 The Connecticut pension fund is one of the best performing public funds in the country and in the top third of public funds with assets exceeding $1 billion. The Class of 2021 highlights 100 extraordinary Black women in the C-suite and executive leaders at Fortune 500, Fortune 1000, Fortune Global 500, S&P 400, and S&P 500 companies. Johnson is the first black woman to co-own three professional sports teams: the Washington Mystics (WNBA), Capitals (NHL), and Wizards (NBA). What happens to television [often] is [TV executives] start believing theyre the target audience and theyre not, explains Lucas, a former senior vice president of Strategic Marketing for Domestic Networks of the CNN News Group. DESIREE G. ROGERS Corporate SVP Peoples EnergyCorp. While it is likely that Trask remains with a private law firm, rather than seeking a return to the NFL, her legacy continues through the example of those who have followed her, like Jeanne Bonk, the executive vice-president and CFO of the San Diego Chargers, and Katie Blackburn, the executive vice-president of the Cincinnati Bengals. That initiative, which issued $500 million of unlimited tax-refunding bonds, helped reform the districts governing structure. JACQUELINE WOODS VP, Global Practices Oracle Corp. Redwood Shores, CA. Her assets are worth an estimated $1.3 billion. Let's dive in and take a closer look at these leading Black American CEOs. Registry of Corporate Directors. Age: 43 From endowments to foundations, pension plans to individuals, Fuller and her team oversee an extensive platform of fixed income portfolios. That energy that could be spent better doing productive work." Before that, she was the CEO of Chase Auto Finance, SVP for emerging markets and affordable lending, and SVP in home lending. . A black woman may not be the image that comes to mind for most people when they hear corporate powerand it certainly wont be the result of a Google searchbut around here, we know better. Access exclusive leadership development packages to help you achieve your career goals. The organization is a social startup with a vision of creating "a world where women own their work .". Her strength lies in leading teams, digital transformation, risk and identity management, and mergers & acquisitions, among others. INFORMATION Age: 36 In 2005, her division was a major contributor to the food giants $11.2 billion in net sales. They have high-ranking titles and the power to set strategy for many billion-dollar corporations, and their advancement is unparalleled. Because so much of our pension fund assets are invested in the stock market, we have an obligation to vigorously exercise our proxy voting rights. Clout: Rhone has the distinction of being the first African American woman to head a major record company. About 2 days ago from Diversity Woman Media's Twitter via Hootsuite Inc. "Rebel Girls uses storytelling to inspire, empower & build confidence in girls. SYLVIA RHONE Executive VP Universal Records President Motown New York, NY. Clout: Under Goodens leadership, Lockheed Martin has become a vital force in post-9-11 America. Pryor guided the creation of a $12 million technological platform that transformed the company into a financial services firm with a leading-edge e-commerce strategy. Ursula Burns, the first Black Woman CEO of a Fortune 500 company at Xerox Corp., will "pass the torch" by presenting the the 2021 Achievement Award to Brewer and Duckett. To better balance the scales and eviscerate these barriers, corporations must walk the walk by providing equal first-rung promotion, access to sponsorship, and real leadership opportunities with P&L responsibility. Oakland, CA. Reversing NASAs finance woes, such as achieving its space initiatives, wont happen overnight, but Sykes is confident it can be accomplished. Xerox reiterates that this is also the first time a female chief executive has taken the position of another female chief executive at a Fortune 500 company. As vice president of finance for the St. Louis Rams, she prepares and implements the annual budget and monthly financial reporting. Non-executive corporate directorsregardless of board position includingchairman and lead director. ow.ly/YU3M50LXRes. Known as the turnaround queen for VH1, Norman was tapped by MTV to expand the networks brand. Of all 655 seats held by women, 104 are held by African Americans. What makes this stand out is the fact that Burns ranked 27th position on the FORTUNE magazines 9th annual list where they compile a list of the 50 Most Powerful Women in Business. Membership in the corporate elite doesnt come easy. + $6.10 shipping. They have authority over budgets totaling billions of dollars and they control subsidiaries, divisions, or departments that affect the fiscal health and direction of their entities. Cathy Hughes is an academic, she was born in Omaha, Nebraska.. She has keept on doing all that she could to ensure that her media comapny sees the ligh of day. During her 17-year tenure at the company, she has held key marketing and sales positions. Most recently, entertainer and CoverGirl spokeswoman Queen Latifah tapped the agency to market a cosmetics line for African American women. OPRAH WINFREY Chairwoman Harpo Inc. Chicago, IL. Under her management, J&J launched a line of natural baby care products last fall its biggest launch in 10 years which will educate parents on the changing needs of infant skin. Currently, she is working on strategies to make sure any problems that arise can be solved through the right use of data and technology. Age: 58 Age: 47 Age: 58 In between hurricanes weve made changes based on what consumers told us.. This is not surprising, as women have generally been restricted to access education in the past, and today, there are more women on average on campuses all over the United States. GLENDA GOODLY MCNEAL SVP & General Manager, Retail & Emerging Industries, Establishment Services, North America American Express New York, NY. A Korn Ferry study also shows that senior Black talent faced bias in advancing into roles leading to the CEO spot. Despite their success, a new study from McKinsey & Company and LeanIn.org, Women in the Workplace 2020, shows that women in senior management, especially women of color, remain underrepresented, with SVP roles only growing from 23 percent to 28 percent between 2015 and 2020. 1 priority as treasurer is making sure the state is on sound financial footing, meaning the books are balanced, pension funds are secured, debt levels are managed, and investments achieve solid returns. MARY A. WINSTON Executive VP & CFO Scholastic Corp. New York, NY. An investment industry veteran, Smith Iloani directs the firms investment advisory and asset management business and the investment and portfolio management activities. About 1 network targeted to African Americans and we have been for 25 years. The contest winners and the c-suite executives stayed connected and went on to found a global Black leadership network now known as Calibr . Age: 44 According to Catalyst, women of color currently hold 3% of the board seats at 415 of the nations 500 largest industrial corporations. Sharon Kennedy Vickers is the Chief Information Officer and Director of Technology & Communications at the City of Saint Paul, Minnesota. ABOUT About 4 days ago from Diversity Woman Media's Twitter via Hootsuite Inc. Business Leaders in Tech Diversity Conference, Diversity, Equity, Inclusion and Belonging Conference. Entrepreneurs Summit Management ow.ly/paFn50LZzzY, "Traditionally viewed as a way to promote employee skill development and knowledge transfer, mentoring programs can also foster a more inclusive workplace by connecting employees from underrepresented groups to leaders." Women of Power Summit DEBRA L. LEE Chairwoman, President & CEO Black Entertainment Television Washington, DC. Prior to forming her own firm, she was a managing director at Aetna Inc. Smith Iloani sits on the board of New Samaritan Corp., which provides affordable housing in Connecticut. And they run the gamut, from senior managers of multinational corporations to founders of the nations largest black-owned businesses. Positions include those with oversight of operations, sales, marketing, talent, technological infrastructure, and product development. Her secret for success, she says, is being a student of human behavior understanding how people choose one brand over another. The fact that there still arent many African American women in the C-suite clearly shows that the playing field still requires leveling. Once the highest-ranking African American in the cable news industry, the former CNBC chairwoman operates a business twice the size of the TV network. As the strategic director of MTV2; mtvU, its college service; MTV Espaol; MTV Hits; and MTV Jams, she oversees programming, marketing, ad sales, distribution, and finance. Infographic from Ashley Stewart for The Plug She recently became the second black woman to currently lead a Fortune 500 company, making sure she makes her mark and gets noticed. Duckett is TIAA's second consecutive Black chief executive,. Since joining the company in 2003, DeVard has pushed Verizons innovative technology with advertising campaigns such as Richer, Deeper, Broader, which touted how the companys broadband capabilities impact peoples everyday lives. As worldwide president, she oversees the development of Johnson & Johnsons nutritional health products platform. She is currently serving as the Chief Information Officer at United Legwear & Apparel Co., but her experience ranges to being a CISO for various industries including manufacturing, aerospace & defense, and the retail sector as well. With CEO Ann Mulcahy, this dynamo helped bring the office solutions giant back into the black and has been instrumental in revitalizing the brand by restructuring the financial plan and streamlining operations. Executives who work for governmentagencies and entities under full governmentcontrol. Copyright 2022 AfricanAmericanGrants.org | All Rights Reserved | SeeAbout Us|Privacy Policy | Terms of Service, How to Run a Black-Owned Self-Employed Contracting Business in 2021, Venture Capital Firm Invests 250K in Women-Owned Tech Businesses, UNESCO Call for Proposals 2021: Silk Roads Youth Research Grant ($10,000), Morgan State University Gets its Largest Private Donation From Alumnus Alvine E. Tyler for $20 Million. Age: 43 When MetLife bought Citigroups Travelers Life & Annuity business earlier this year, Chapmans team negotiated and executed the transaction. She was one of the point people when RLJ teamed up with The Carlyle Group, a Washington, D.C.-based private equity firm with $35 billion in assets, to launch a fund designed to invest in media, business services, and financial companies. She is driven and committed to making changes in the way that Sams Club conducts its sources. All candidates were judged based on the following criteria: the extent to which her clout inside the company has a direct impact on revenues, profitability, product development, and brand position; the scope of her career; her ability to influence the direction of major corporations, nonprofits, and institutions through board membership; her unfettered access to the CEO, top management, and corporate board; and her industrywide reputation. So were celebrating the fearless female executives who have managed both to stand firm in the face of hostile corporate environments and to take the bull by the metaphorical horns, powering their careers to the top. Age: 45 Click here to download the PDF of this Issue. Created in 1980, Radio One (No. The world average of female top executives is 8 percent.Thailand has the highest proportion of female CEOs in the world, with 30 percent of companies employing female CEOs, followed by the People's Republic of China, with 19 percent. Privacy Policy She has many other accolades under her name too. A leading philanthropist, Harris chairs the Food Bank for New York City, which distributes free food to more than 1.5 million people annually. Fudge serves on General Electrics board of directors, the Harvard Board of Overseers, and as a trustee of the Brookings Institution. Age: 37 She saved millions by creating the companys first employee buyout program. Age: 47 McCann joined Starcom in 1978 as a client service trainee and was integral to the launch of SMG as an independent entity back in 1998. DENISE L. NAPPIER Treasurer State of Connecticut Hartford, CT. Age: 51 Clout: As the first black woman to become general manager at a network-owned station in a top-five market, Madison has made KNBCone of the leading ad-revenue-generating stations in the nation, grossing roughly $300 million. After a few months in the seat, she says she understood the concerns of her advisers. Woods drove Oracles e-business standardization initiative, yielding a savings of $1 billion over three years. Clout: A 28-yearveteran with Kraft, Sneed was part of a companywide initiative to thwart childhood obesity. It requires having the power to steer some of the worlds corporate leviathans and impact the products companies sell, the markets they pursue, and the revenues flowing into their coffers. to mind for most people when they hear corporate powerand it certainly wont be the result of a Google searchbut around here, we know better. 1 on the BE BANKS list with $616.4 million in assets), which was in danger of closing. But encouraged by her husband (who did watch the channel) and her colleague, she joined as executive vice president of marketing. Over time I started getting involved in the business side of things and doing more strategic business development, so it was a natural progression.. As a result, the network is well-positioned for a number of on-demand technology opportunities, such as mobile cell phone use, podcasting, and broadband channels. She is also the leading board member of two national nonprofits, Catalyst, and Braven. Subscribe to Newsletter Job seekers are likelier to click on job ads for firms with high #diversity scores." The award is given to. Safon Floyd July 12, 2016 September 27, 2017 984. She not only changed its focus but reversed more than 10 years of staggering losses. Among the largest publicly listed companies in the European Union (EU-27) in 2021, only 20.2% of executives and 7.8% of CEOs are women. Dec. 4, 2020, 12:04 PM PST. At the end of the day, DeVard seeks the answer to one simple question: How are we enabling technology to allow you to do things that are important to you? Her response is to bolster the Verizon brand and communicate its value across its three business units: wireless, broadband, and information services. The result: Roughly $87.4 billion in goods and services were purchased from minority businesses in 2004. In addition, Rhone sits on the boards of the Alvin Ailey American Dance Theater, the Studio Museum of Harlem, Jazz at Lincoln Center, and the Rock and Roll Hall of Fame. Clout: President George W. Bush challenged NASA with a new mission: Visit Mars and journey farther into the final frontier. If you knew the endless e-mails, calendar shuffling and manifesting it took to get 15 of the most impressive Black women in the beauty industry into . She is also a board director of First Horizon National Corp., where she chairs the audit committee. WONYA Y. LUCAS Executive VP and General Manager The Weather Channel Networks Atlanta, GA. Age: 44 In fact, she is credited with saving taxpayers and businesses millions of dollars through the states debt management program. She serves on the boards of Coca-Cola Enterprises Inc. and Limited Brands Inc. MELISSA JAMES Managing Director Morgan Stanley New York, NY. DEBRA A. SANDLER Worldwide President, McNeil Nutritional L.L.C. 20 Despite Board Progress, the United Kingdom's FTSE 100 Still Lacks Women in Top Leadership 21. Before joining Scholastic, Winston served as vice president and treasurer, and then vice president and controller, of Visteon Corp. Neither belonging to the Good Old Boys Club nor the Tech Bro Network, they created their own lanes in tech, media, retail, finance, travel, and more, and are forging brilliantly uncharted paths. For the first time, we are proud to introduce the Elite 100. Twenty-four hours of climate conditions? Roz as shes fondly called, joined Sams Club, a division of Wal-Mart Stores, Inc. in the year, 2012. The Hartford native is treasurer of the National Association of State Treasurers and has received the Corporate Responsibility Leadership Award from Citizens for Economic Opportunity and thePaceSetter Award from the National Association of Investment Cos. TRACEY TRAVIS CFO & Senior VP of Finance Polo Ralph Lauren Corp. New York, NY. BET gives me that platform, and I try to use it to better serve our audience.. Age: 63 About In fact, all of the companys advertising targeted to pre-teens now focuses on food products that meet nutritional guidelines. $19.99. Prior to her current position, Cooper headed the companys global futures business. Women of Power TECH, PODCASTS Work With Coaches. But while the number of female-led businesses has grown, women still only make up 8.2% of Fortune 500 CEOs, and women of color run even fewer, just 1.2%. Pickrum earned her bachelors degree from Vassar College and her law degree from Stanford Law School. Johnson donated $7 million to Parsons School of Design, the largest donation by an individual. 2 on the BE ADVERTISING AGENCIES list with $350 million in billings). A shrewd negotiator with a business and legal background, Pickrum spearheaded two critical deals. [a-team-showcase id=634608] [a-team-showcase id=634875], HOW WE CHOSE THE MOST POWERFUL WOMEN IN CORPORATE AMERICA. Clout: In 1999, Wright was advised not to accept the position of CEO and president of Carver Federal Savings Bank (No. Age: 36 She is a regular commentator on ABCs Good Morning America; has defended the mutual fund industry in testimony before Congress; and, on at least one occasion, has challenged New York Attorney General Eliot Spitzer. She is also chairwoman of the companys pricing committee for its global lines of businesses. Clout: Since 1984, Ross has played a significant role in securing the divisions position as the worlds largest express delivery service. Women who hold positions in diversity, human resources, legal affairs, corporate communications, and other staff management areas were not eligible. Since the reckoning that began with the murder of George Floyd, companies have been pouring money into nonprofits that support racial equity and examining their own practices and setting explicit goals. Executives who have been excluded from our list: -List research and additional reporting by Lisa Fraser, Roland Michel, and Delicia Paisley-Smith, EVENTS Clout: Chapman manages the day-to-day operations for Citigroup Realty in 96 countries. She is also a strategies advisor to the President of Arizona State University and Forbes Ignite. Another campaign, Realize Your Dream, was targeted to would-be entrepreneurs. And she shows no signs of running out of steam. JERRI DEVARD Senior VP, Brand Management & Marketing Verizon New York, NY. Enter Melonie Parker, Google's Chief Diversity Officer, one of just a handful of top-level Black female executives in the tech space. GWENDOLYN SMITH ILOANI Chairwoman, President, & CEO Smith Whiley & Co. Hartford, CT. Age: 46 Chairwoman The Coca-Cola Foundation Atlanta, GA. Age: 59 Take Career Development Courses, and much more. 0 (Image: File) Age: 40 Age: 48 Clout: Johnson Rice is building upon the legacy of her late father, JPC founder John H. Johnson. CARLA A. HARRIS Managing Director, Global Capital Markets Morgan Stanley New York, NY. Clout: A top executive at the $29.1 billion financial services monolith, McNeal manages American Express largest and most complex customer relationships; she orchestrates retail campaigns to expand revenue streams. Black women are changing the game in Corporate America. Prior to joining Oracle, Woods was director of product management for Ameritechs Customer Premise Equipment business, where she managed the P&L for a product portfolio valued at more than $600 million. Clout: Thrown into mainstream medias pit in 1986, Winfreys appeal and vitality has never waned. Cathy Hughes is the CEO and President of Radio One and TV One. Black Size 6 Jo Hardin Vintage 80's Blouse Pullover Shirt Secretary Women's. Sponsored. In her position, she implements marketing strategies for products such as Viactiv and Lactaid, but she is best known for transforming Splenda into a best-selling sugar substitute. When we published our list of 21 Women of Power and Influence in Corporate America in 1991, black women constituted 3% of corporate management and 0.9% of corporate officers. Age: 45 1 on the BE ASSET MANAGERS list with $21.43 billion in assets under management). Clout: Ferguson is leading the charge to divest Sara Lee of its non-core operations so it can focus solely on food, beverages, household products, and body care. Clout: James ensures the companys growth by managing five subsidiaries that generate roughly $650 million in revenues annually. Clout: Having been a top performer for two decades at Xerox, Burns currently heads a $12 billion division of the company that generates 75% of its $15.7 billion in revenues. Black Men XCEL Age: 45 MELLODY HOBSON President Ariel Capital Management L.L.C. Under her leadership, Ebony, the companys flagship publication, has remained the top-selling African American monthly, and the company is No. Roughly 10% of the firms $2.2 billion in revenues has been attributed to her business expertise. Green started her career in insurance at Chubb & Son Inc. and has more than 23 years of industry experience. She has also served as the CEO of Chase Consumer Banking. And American business better take notice: The powerful women on our list clearly demonstrate that it needs their contributions to remain a vital, competitive force in the global economy. Today, she leads a company that boasts $17 billion in insurance, more than $1.5 billion in assets (including $120 million in surplus capital), and approximately 400,000 policyholders. Working with the Department of Defense, Social Security Administration, and the FBI, Goodens department improves the efficiency of federal agencies while allowing them to share information securely. For Black Women - The Executive Leadership Council (ELC) The Power of Women at Work. Kathryn Finney's status as an industry pioneer makes her one of the most influential black women in tech today. #diversity #mentorship To view or add a comment, sign in. PAULA MADISON President & General Manager KNBC Regional General Manager Telemundo Los Angeles, CA. Clout: A calculated risk taker, Green joined Willis in 2003 to head up the newly formed consumer goods practice. Sales Partnership Solutions }); EVENTS DIANA S. FERGUSON SVP of Strategy & Corporate Development Sara Lee Corp. Chicago, IL Age: 42 Clout: When a colleague called Lucas about an opportunity at the Weather Channel in 2002, she wasnt a regular viewer of the channel. LISA W. PICKRUM Executive VP & COO RLJ Cos. L.L.C. #inclusion #Belonging INGRID SAUNDERS JONES SVP, Corporate External Affairs The Coca-Cola Co. The candid conversations, game-changing solutions, insightful panels, networking and partnering opportunities with individuals . Last year, she increased the operating income to $19.5 billion, a 125% increase in just one year. Clout: Hughes has the largest black-owned and -operated broadcast company in the nation. She manages the origination of more than $25 billion in loan commitments. Age: 56 TIAA was managing $1.1 trillion in assets for more than five million active employees as of year-end 2019, according to Fortune. As chair of the industry strategy group, she leads the team in examining fundamental trends within industries and recommends which ones to avoid or emphasize. For Lee, succeeding Black Entertainment Television founder Bob Johnson as president and CEO last June and as chairwoman in January may have been unexpected, but it was surely deserved. In Women in the Workplace 2020, Black women were found to experience more acute discrimination. Under her leadership, Oracle became the first major software company to publish comprehensive guidelines on its global software pricing and licensing via its Software Investment Guide. In fact, she says that because weather affects behavior, it impacts people emotionally. It wouldnt be long before that recognition was gained. She is expected to take on the role of Chief Executive Officer of Walgreens Boots Alliance (WBA) on March 15. 2 spot in the business unit, which is responsible for all mergers and acquisitions and bringing new properties into the portfolio. Helping smart, savvy women of all races, cultures, and backgrounds achieve their career and business goals, "Black professionals expend more effort to fit into the dominant cultural modality in the workplace. Today she is chairwoman and CEO of the banks holding company, which has grown to include eight branches and 137 employees. Her responsibilities include managing corporate and public pension funds, endowments, and mutual funds. The top Black female today are among the most educated ethnic groups in the United States today. $17.95. Clout: Once you can influence decisions in the boardroom, you are a woman of power, says Pickrum. The Real Roadmap to the Top for Black Women Executives. ANN FUDGE Chairwoman & CEO Y&R and Young & Rubicam Brands New York, NY Age: 54 Under her leadership, the foundation has contributed $180 million in scholarships to minority students. KIM GREEN Executive VP Willis Global Risk Solutions New York, NY. Clout: Hobson heads the nations largest black-owned money management firm (No. By owning their power, of course. ow.ly/MaVz50LYRGz, Diversity Woman Media applauds and congratulates Candi Castleberry for being named to Amazon's Senior Leadership team - the S Team or Steam as known internally at Amazon - as VP of Global Diversity, Equity & Inclusion. Your Money, Your Life, LATEST LISTS When Starcoms parent company, Paris-based Publicis Groupe Media, was shopping for a CEO to replace Jack Klues in October, McCann was an obvious choice. Your Money, Your Life, LATEST LISTS My style is focused on driving results, which is gender neutral, she says. Clout: In the male-dominated world of professional football, Bracy is making a name for herself in the front office. BE 100s Karen Lynch CEO, CVS Health ( CVS ) Lynch assumed the CEO role in February 2021. She serves on the boards of Girls Inc., Clark Atlanta University, and the Andrew Young School of Policy Studies at Georgia State University. VICKI L. FULLER SVP & Senior Portfolio Manager Alliance Capital Management Corp. New York, NY Age: 48 By Tanisha A. Sykes Black women are changing the game in Corporate America. Today, we wanted to honor a few Black women executives in America, who made their way to the top and proved that they are unstoppable. She sits on the executive committee of The Museum of Science and Industry and is a board member of Equity Residential Properties Trust and Blue Cross Blue Shield of Illinois. As the highest-ranking African American female at the $18 billion conglomerate, Ferguson is charged with identifying opportunities for new acquisitions in each of Sara Lees business lines. As such, they hold top-tier and executive officer positions of the entire enterprise; oversee major global, national, and regional subsidiaries and divisions; and maintain significant budget authority. In its 2005 fiscal year, Scholastics revenues were more than $2 billion, with an 11.2% increase in net income from the previous year. Clout: Smith Iloani has proven that she can hold her own in the male-dominated investment industry. Since a title is not automatically synonymous with power, we further narrowed the list by talking to top executives, industry insiders, and the heads of professional organizations. Clout: Rogers oversees field operations, customer service functions, and gas supply management for the $2.3 billion utility company. Buy a hard copy of our magazine, delivered to your door! Age: 52 B.E. Masthead, Economic Equity & Racial Justice Townhall Series, Elevate Black Podcast sponsored by Fifth Third Bank, 100 Founders of Change by American Express, Chasing Success Podcast by JP Morgan Chase, Black Business Month Sponsored by Nationwide, 2022 Registry Of Corporate Directors Listing, 2021 BE Registry Of Corporate Directors Listing. From Madam C.J. But before anyone can go where no man has gone before, CFO Sykes must approve it. B.E. Although the clout of our top 50 is considerable, very little has changed in the executive suite. Shes directing the revitalization of the magazine publishing division and developing a strategy to increase Fashion Fairs share of the beauty market. CAROL H. WILLIAMS President, CEO & Chief Creative Officer Carol H. Williams Advertising Oakland, CA. Clout: Working at Alliance Capital Management which has nearly $550 billion in assets under management has kept Fullers plate full. Age: 52 Please click the links below to view the digital copy of previous issues. Sales Partnership Solutions Top-tier executives who serve as corporate officers or members of the senior leadership team. As one of the top Black women breaking barriers in the finance industry, Harris served as the Vice-Chair at Morgan Stanley, a global investment bank providing investment banking, investment management services, securities, and wealth management. The first was the formation of RLJ Hedge Fund of Funds, an asset management company in partnership with Deutsche Banks Deutsche Asset Management unit that could potentially become the largest black-owned asset management company. Join a network of career-oriented women and use the member directory to see all the members in your community and find world class mentors. KIM NELSON VP General Mills Inc. President Snacks Unlimited Golden Valley, MN. Clout: Price is a billion-dollar player in the private equity arena. Her latest endeavor is a lifestyle company that. Today, we wanted to honor a few Black women executives in America, who made their way to the top and proved that they are unstoppable. JOANN H. PRICE General Partner Fairview Capital Partners Farmington, CT. Age: 56 Sneed also oversees consumer strategy and promotions as well as packaging and design for more than 100 major brands. They have high-ranking titles and the power to set strategy for many billion-dollar corporations, and their advancement is unparalleled. For the first time, we are proud to introduce the Elite 100. Nearly 800 Google employees have joined a solidarity campaign in support of one of the company's top female executives, a known . As one of Starcom MediaVest Groups advertising front-runners, the 28-year industry veteran is second to none when it comes to driving the bottom line and solidifying SMG as one of the worlds largest media planning and buying agencies. "I talk to Black women about really knowing where you add value," she explains. According to Biz Journals, In the United States today, there are about 30 (6%) of CEO positions in S&P500companies as of December 2019. Weather coverage is no longer a joke. Definitely an inspiration for the generation ahead. Clout: A founding partner and principal of the fifth-largest black-owned investment bank, which has $51 billion in total managed issues, Shank was one of the senior managers tapped by the Detroit Water and Sewerage Department to help facilitate an $880 million bond issue. She previously served as the Chief Operating Officer, Group President, and Member of Starbucks Board of Directors. Age: 58 Previously, she was executive vice president of CVS Health and the president of Aetna, the corporation's. She is also a former director of Amazon, Lockheed Martin, and Molson Coors Brewing Co. She has resigned from all these roles to now begin her tenure as a CEO at Walgreens. Michel continues to make connections through her board duties at Triad Hospitals and NY National Banks. Washington, DC. Age: 44 She has significant experience when it comes to structuring and negotiating private equity and mergers and acquisitions. BE 100s In October 2005, the Wharton M.B.A., with an industrial engineering degree, also assumed the role of general manager, responsible for strategic marketing and company strategy for The Weather Channel, Weatherscan, and The Weather Channel Radio Network. LINDA GOODEN President, Information Technology Lockheed Martin Seabrook, MD. SistersInc. People come to seek information, explains Lucas. AMY ELLIS-SIMON Managing Director,Head of Multiproduct Sales Merrill Lynch New York, NY. In addition to serving on the advisory boards of New Vista Capital and Pacesetter Growth Fund, Price sits on the board of The Initiative for a Competitive Inner City and a number of civic organizations in the greater Hartford community. Age: 42 VALERIE MOSLEY DIAMOND SVP & Fixed Income Portfolio Manager Wellington Management Boston, MA. They have to do code-switching: adjusting their style of speech, appearance & behavior. HARRIET R. MICHEL President National Minority Supplier Development Council Inc. New York, NY. 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