Black CEO's still rare - who knew it?
I didn't want to derail a thread in GD by Bravenak that points out good old boy Bennett is at it again - but there comments made in it regarding tokenism that lead to the CEO of McShitFood being brought up.
This caused me to pause, think, and question.
This article is from 2012 - but a quick google search shows the top number of black folks currently in these positions is about 1.2%
Thompson, who is currently No. 2 at the fast-food chain, will join Kenneth Frazier of Merck (MRK, Fortune 500), Kenneth Chenault of American Express (AXP, Fortune 500), Ursula Burns of Xerox (XRX, Fortune 500), Clarence Otis of Darden Restaurants (DRI, Fortune 500), and Roger Ferguson, who heads privately held TIAA-CREF, as the African-Americans in the nation's top 500 corner offices.
The first African American to head a Fortune 500 company was Franklin Raines, who led mortgage finance firm Fannie Mae from 1999 to 2004. Counting former CEOs at Fortune 500 firms brings the number of blacks who have held that post to only 13, including Thompson.
The list of black executives at the next two levels of the corporate ladder is a little longer, but not much.
Arnold Donald, CEO of the Executive Leadership Council, a professional network of African-American leaders at major U.S. companies, said his group estimates there are fewer than 800 black executives in the top echelons of Fortune 500 firms.
http://money.cnn.com/2012/03/22/news/companies/black-ceo/
Anyone have statistics on the current percentage of black folks in America? I always thought it was around 12% but wonder what the mixed race/other box did on the 2010 survey to those numbers. I know I selected black - but I've always followed the last law.
Even if the number of black folks has decreased - since some believe we are in a post racial America and everything is equal and on a level playing field - shouldn't the number of CEOs be higher? By now - since "having a black President just erased all this 400 years shit"
- shouldn't it start to reflect the population?
I work in corporate America at a company with 150k employees - so I come from being inside the human capital food chain. Is it because we are all lazy and don't try enough that we don't get into these positions. Or is something fishy going on?
= new reply since forum marked as read
but that would not include our ""post racial""president who waved away all inequality
The U.S. Census Bureau released today a 2010 Census brief, The Black Population: 2010 [PDF], that shows 14 percent of all people in the United States identified as black, either alone or in combination with one or more other races. In 2010, 55 percent of the black population lived in the South, and 105 Southern counties had a black population of 50 percent or higher.
Of the total U.S. population of 308.7 million on April 1, 2010, 38.9 million people, or 13 percent, identified as black alone. In addition, 3.1 million people, or 1 percent, reported as black in combination with one or more other races. Together, these two groups comprise the black alone-or-in-combination population and totaled 42.0 million.
The black alone-or-in-combination population grew by 15 percent from 2000 to 2010, while the black alone population grew by 12 percent compared with a 9.7 percent growth rate for the total U.S. population.
Black and White Multiple-Race Population More Than Doubled
People who reported their race as both black and white more than doubled from about 785,000 in 2000 to 1.8 million in 2010. This group’s share of the multiple-race black population increased from 45 percent in 2000 to 59 percent in 2010.
http://www.census.gov/newsroom/releases/archives/2010_census/cb11-cn185.html
