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. She serves on the boards of Tommy Hilfiger Corp., the Association of National Advertisers, the Executive Leadership Council, and the Pepsi AfricanAmerican Advisory Board. Let look at some of the top black women executives in the US: The former CEO of MetricStream and the current Fortune 500 board member, Shellye Archambeau is one of those who need no introduction. VIKKI L. PRYOR President & CEO SBLI USA Mutual Life Insurance Co. Inc. New York, NY. Prior to joining Alliance in 1993, Fuller worked for Equitable Capital Management Corp. and later for Morgan Stanley. According to Catalyst, a research and advisory firm, women of color represent about 1.6% of corporate officers and top earners at the nations 500 leading industrial companies. Nappier is principal fiduciary of the $20 billion Connecticut Retirement Plans and Trust Funds and was the architect of wide-ranging and successful reforms to Connecticuts system of pension fund governance. "That . 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. The result: Roughly $87.4 billion in goods and services were purchased from minority businesses in 2004. Our focus is right here at home., GWENDOLYN SYKES Chief Financial Officer NASA Washington, DC. She is charged with rebuilding Motowns roster. Top-tier executives who serve as corporate officers or members of the senior leadership team. Rosalind Brewer is all set to become another or third Black woman leading a Fortune 500 company in US history. There are so many more whose success, hard work, and talent are also making so much noise. Most recently, entertainer and CoverGirl spokeswoman Queen Latifah tapped the agency to market a cosmetics line for African American women. Age: 56 So how have dozens of black women overcome these obstacles to make it to the top of the corporate ladder? A major philanthropist, she chairs a $100 million capital campaign for North Carolina A&T University and has pledged $10 million for student scholarships. 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. She later launched her own insurance brokerage firm, MGIS Inc., which she soldin 1995. DEBRA A. SANDLER Worldwide President, McNeil Nutritional L.L.C. Clout: Chapman manages the day-to-day operations for Citigroup Realty in 96 countries. Age: 45 0 (Image: File) 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. Clout: Under Goodens leadership, Lockheed Martin has become a vital force in post-9-11 America. Age: 42 }); EVENTS SUZANNE SHANK President & CEO Siebert Brandford Shank & Co. L.L.C. In 2004, Radio One and Comcast launched TV One Inc., a network targeted to African American adults. Prior to joining the company, she was a senior vice president at Aon Risk Services. She was named the second most influential African American in IT by Business Insider and was one of the 100 Most Influential Business Leaders in America by Newsmax. Winfrey is a living legend who spearheads business and humanitarian initiatives. Known as the turnaround queen for VH1, Norman was tapped by MTV to expand the networks brand. 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. Age: 53 As of November, the magazine brought in revenues of $214 million. CARLA A. HARRIS Managing Director, Global Capital Markets Morgan Stanley New York, NY. B.E. Black Men XCEL 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. 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. A member of the corporate executive management team, James chairs the board of Financial Settlement Services Agency Inc., a subsidiary of Nationwide. With two Black women running Fortune companies out of 41 women executives in 2021, they represent 4% of female Fortune 500 CEOs. 4 on the BE PRIVATE EQUITY list with $222 million in capital under management. You have to [talk] to the people. Vintage 70/80s EVAN PICONE Silk Pink Blouse Designer Secretary Career Pleated 14. Vintage Secretary Blouse Floral Sheer Loubella Size 14/15 Top Career long sleeve. About My personal style is to always try to be the best, which means exceeding the expectations. According to Catalyst, women of color currently hold 3% of the board seats at 415 of the nations 500 largest industrial corporations. She says, Other banks focus all over the world. She founded these stations and had to undergo homelessness in the bid of keeping her dreams alive. Clout: A calculated risk taker, Green joined Willis in 2003 to head up the newly formed consumer goods practice. 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. DIANA S. FERGUSON SVP of Strategy & Corporate Development Sara Lee Corp. Chicago, IL Age: 42 Age: 43 Clout: McCann may stand only 5 feet tall, but shes a giant in the media industry. DEBRA L. LEE Chairwoman, President & CEO Black Entertainment Television Washington, DC. "I talk to Black women about really knowing where you add value," she explains. In addition to serving on the board of directors of Franklin Electric and Peoples Energy, she also serves on the board of the nonprofit Metropolitan Family Services. In 2021, there were only 31 women in executive roles across 27 companiesincluding only 8 CEOs. Johnson & Johnson Fort Washington, PA. Age: 45 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. All executives have held their positions as of Dec. 1, 2018. Clout: A 28-yearveteran with Kraft, Sneed was part of a companywide initiative to thwart childhood obesity. She also serves on the Vassar College Board of Trustees and presides over the colleges 35,000-member alumni association. In 2004, Splenda generated about $187 million in retail sales, beating out Equal and SweetN Low. In previous jobs, she developed a 20-year track record of strengthening household brands such as Maxwell House Coffee, Kool-Aid, and Jell-O. Let's dive in and take a closer look at these leading Black American CEOs. Before she became a managing director, James headed the companys industrial origination effort, where she helped raise billions in capital for corporate clients and worked oncomplex transactions, including the first domestic yen issuance for General Electric Capital Corp., the first global bond for DuPont, and the $4 billion initial public offering of Agere Systems. She is also a board director of First Horizon National Corp., where she chairs the audit committee. 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. Diversity Woman presents its inaugural Elite 100 Black Women leaders list. While at the Federal Communications Commission and Procter& Gamble, she made the decision to pursue her passion for numbers and enrolled in the Wharton School of Business at the University of Pennsylvania to acquire a degree in finance and entrepreneurial management. Please click the links below to view the digital copy of previous issues. Fudge serves on General Electrics board of directors, the Harvard Board of Overseers, and as a trustee of the Brookings Institution. Since the 1970s, its flagship product Black Enterprise magazine has covered African-American businesses with a readership of 3.7 million. Management Clout: Since 1984, Ross has played a significant role in securing the divisions position as the worlds largest express delivery service. Clout: As head of Y&R and Young and Rubicam Brands, Fudge manages a marketing powerhouse that includes Y&R advertising, Burson-Marsteller public relations, Wunderman direct and database marketing, and Sudler & Hennessey healthcare communications. DEBORAH C. WRIGHT Chairwoman & CEO Carver Bancorp Inc. New York, NY. SistersInc. Overseeing a staff of nearly 5,000 worldwide, McCanns career highlights include landing the $600 million Walt Disney World account and maintaining the lowest employee turnover rate in the industry. 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. Nappier also has invested money with black-owned private equity firms including Fairview Capital Partners Inc. (No. To view or add a comment, sign in. Barnes-Jewish Hospital Dennis Pullin President and CEO Virtua Health Javier Rodriguez CEO DaVita Dr. Jaewon Ryu President and CEO Geisinger Health Minority Leaders to Watch Dr. Stella Safo. PAULA MADISON President & General Manager KNBC Regional General Manager Telemundo Los Angeles, CA. Her responsibilities include managing corporate and public pension funds, endowments, and mutual funds. 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. #inclusion #Belonging She focused on lifestyle and entertainment for African-Americans. 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. She serves on the boards of Girls Inc., Clark Atlanta University, and the Andrew Young School of Policy Studies at Georgia State University. She is the highest ranking African American woman at Viacom, BETs parent company, and her tenure with the network spans 20 years. A brand unto herself, Winfrey turns books into best-sellers through her book club, and O, The Oprah Magazine boasts some 13 million readers. Sykes, who was named CFO in 2002, oversees fiscal operations inside and in connection with the $16.5 billion space exploration program. BE 100s 1 on the BE ASSET MANAGERS list with $21.43 billion in assets under management). Clout: When she joined SBLI USA in 1999, Pryor set out to give the 66-year-old company a much-needed makeover. About 2 days ago from Diversity Woman Media's Twitter via Hootsuite Inc. "Rebel Girls uses storytelling to inspire, empower & build confidence in girls. Clout: Thrown into mainstream medias pit in 1986, Winfreys appeal and vitality has never waned. 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. These were just the five women black executives that we could mention and honor today. 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. 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. Shes co-founder of the Global Markets and Investment Banking Womens Leadership Council, a founder and chairperson of Three Sisters Scholarship Foundation, and a member of the Diversity Employee Advisory Council. Today, Hughes has a publicly traded media company, Radio One. OPRAH WINFREY Chairwoman Harpo Inc. Chicago, IL. There are going to be a lot of financial challenges, a lot of dialogue with regards to the cost, says Sykes. 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. With her son at the helm, Hughes assists with other ventures. Executives who manage local andstatewide divisions. They have to do code-switching: adjusting their style of speech, appearance & behavior. Clout: As CFO of the $3.3 billion apparel, accessories, and home furnishings company, Travis enjoys the perfect marriage between finance and fashion. Age: 51 1. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. ABOUT She is not only the second black woman currently but also only the fourth woman to lead the Fortune 500 companies. Age: 58 Age: 48 Black women, even with discrimination andbias, work twice as hard and good as their counterparts. Sales Partnership Solutions Reversing NASAs finance woes, such as achieving its space initiatives, wont happen overnight, but Sykes is confident it can be accomplished. An investment industry veteran, Smith Iloani directs the firms investment advisory and asset management business and the investment and portfolio management activities. Clout: Price is a billion-dollar player in the private equity arena. 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. 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. The first African American woman to become a managing director in investment banking at Merrill Lynch, Ellis-Simon is a one-stop shop for institutional investors looking for opportunities across all asset classes. Says Katherine Giscombe, Catalysts senior director of research, many women of color continue to get discouraged by looking up the corporate ladderand seeing relatively few people who look like them. Furthermore, she maintains that women of color tend not to get connected with people who can champion their careers. !function(n){if(!window.cnx){window.cnx={},window.cnx.cmd=[];var t=n.createElement('iframe');t.display='none',t.onload=function(){var n=t.contentWindow.document;c=n.createElement('script'),c.src='//cd.connatix.com/connatix.player.js',c.setAttribute('async','1'),c.setAttribute('type','text/javascript'),n.body.appendChild(c)},n.head.appendChild(t)}}(document); Under her leadership, the foundation has contributed $180 million in scholarships to minority students. $17.95. Clout: Two years after joining Goldman Sachs in 1996, Cooper was promoted to managing director. Age: 58 Although the clout of our top 50 is considerable, very little has changed in the executive suite. In contrast to some of her peers, she sees diversity as a "superpower", and fights valiantly to protect it. 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. And by leveraging technology in marketing, DeVard has helped transform the telecom giant into the brand leader in this ultracompetitive sector. Therefore, the CFO is definitely there at thetable in that transformation.. Thats good news for 160,000 teachers, state and municipal employees, and others who benefit from the academic programs, grants, and initiatives funded through CRPTF. Masthead. Women of Power Summit The recent Women in the Workplacereport from McKinsey and LeanIn showed that black women receive the least support of all women (and significantly less support than men) from their managers, with just 35% reporting that their managers create opportunities for them to showcase their work, promote their contributions to others, or socialize with them outside of work. Both figures are slight improvements from . INFORMATION Black women have always faced barriers to advancement, such as double standards, lack of advocacy, and unconscious bias. For the first time, we are proud to introduce the Elite 100. Age: 52 Lucas realized their audiences never thought it was. 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. Clout: In the male-dominated world of professional football, Bracy is making a name for herself in the front office. Currently, she is working on strategies to make sure any problems that arise can be solved through the right use of data and technology. This listing showcases an elite representation of African-American men and women who have been recognized for their executive and business leadership in national and global-leading corporations. In the C-suite, there has been progress, but its slow. 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. Sykes has been spending the last couple of years reconciling the programs finances. Clout: Since beginning her career at General Mills in 1988, Nelson has been identified as a go-to professional, whether the assignment calls for her to develop a new cereal or launch a new product line. Under her leadership, Ebony, the companys flagship publication, has remained the top-selling African American monthly, and the company is No. TV One. 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. Thasunda Brown Duckett is the new CEO of Annuity Association of America, TIAA. 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. Non-executive corporate directorsregardless of board position includingchairman and lead director. Regardless of inclusion on the executivecommittee, leading executiveswith sole responsibility for staff functionssuch as corporate communications,corporate affairs, investor relations, public affairs, public policy,media relations, and community affairs. Subscribe to Newsletter 1. Age: 47 She is one of those powerhouses who have led from the front throughout her career. Created in 1980, Radio One (No. A leading philanthropist, Harris chairs the Food Bank for New York City, which distributes free food to more than 1.5 million people annually. INGRID SAUNDERS JONES SVP, Corporate External Affairs The Coca-Cola Co. She is also chairwoman of the companys pricing committee for its global lines of businesses. We tell stories of real-life extraordinary women, so girls of all backgrounds/beliefs/interests can feel seen & find at least one role model to inspire them." Her secret for success, she says, is being a student of human behavior understanding how people choose one brand over another. 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. In addition, she manages new media efforts for MTV.com and MTV Overdrive, a hybrid service available via broadband. Recognizing that financial management was going to be at the forefront of leading this charge for a new exploration vision, there needed to be some structure and some rigor as we moved forward in our processes.. The candid conversations, game-changing solutions, insightful panels, networking and partnering opportunities with individuals . Prior to her current position, Cooper headed the companys global futures business. 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. Clout: A financial wizard and 20-plus year industry veteran, Winston has had an impressive rise to her current position as CFO of Scholastic, publisher of the popular Harry Potter and Babysitters Club book series. As a fund of funds, Fairview has participated in the investment of more than $600 million in more than 50 venture capital and private equity limited partnerships. Even McDonalds made Splenda its sweetener of choice. 1 network targeted to African Americans and we have been for 25 years. 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. Over time I started getting involved in the business side of things and doing more strategic business development, so it was a natural progression.. That initiative, which issued $500 million of unlimited tax-refunding bonds, helped reform the districts governing structure. A shrewd negotiator with a business and legal background, Pickrum spearheaded two critical deals. 1 on the BE BANKS list with $616.4 million in assets), which was in danger of closing. 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. 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. Ursula Burns is the very first female, and a Black woman appointed as the head of Xerox, a Fortune 500 company. Women who hold positions in diversity, human resources, legal affairs, corporate communications, and other staff management areas were not eligible. Enter Melonie Parker, Google's Chief Diversity Officer, one of just a handful of top-level Black female executives in the tech space. One of her goals this year is to create original programming. Nearly 800 Google employees have joined a solidarity campaign in support of one of the company's top female executives, a known . Women of Power Summit Age: 43 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. 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. The fact that there still arent many African American women in the C-suite clearly shows that the playing field still requires leveling. 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. 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. 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. Work With Coaches. Clout: Rhone has the distinction of being the first African American woman to head a major record company. Kathryn Finney's status as an industry pioneer makes her one of the most influential black women in tech today. + $6.10 shipping. Women of color are remaking the face of leadership teams and C-suites at corporations across the country and around the globe. Elected in 1998 and re-elected in 2002, Nappier says her No. As a senior portfolio manager, she oversees fixed income investments, which account for 33% of the firms assets under management. RENETTA MCCANN CEO Starcom MediaVest Group Chicago, IL. 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. 20 Despite Board Progress, the United Kingdom's FTSE 100 Still Lacks Women in Top Leadership 21. She previously served as the Chief Operating Officer, Group President, and Member of Starbucks Board of Directors. Were a major media network, and people look to us to see what black America is thinking and how things affect us. [a-team-showcase id=634608] Before that, she was the CEO of Chase Auto Finance, SVP for emerging markets and affordable lending, and SVP in home lending. Age: 36 She completed a series of tough assignments while meeting the energy needs of Chicago residents and improving the companysfinancials. It was the brunt of many TV industry one-liners. PAMELA THOMAS-GRAHAM Group President Liz Claiborne Inc. New York, NY. 1 on the BE PRIVATE EQUITY list with $1.6 billion om capital under management). Jes Wolfe, CEO. She is expected to take on the role of Chief Executive Officer of Walgreens Boots Alliance (WBA) on March 15. Her company, Harpo Inc., ranks No. Black Enterprise is a black-owned multimedia company. 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. In between hurricanes weve made changes based on what consumers told us.. What is that this woman cant do? Membership in the corporate elite doesnt come easy. Age: 44 A 30-year industry veteran, Rhone brings an understanding of the creative community and extensive management experience to the position, having steered the careers of artists such as Yolanda Adams and Missy Elliott. In 2004, was launched. Last year, she increased the operating income to $19.5 billion, a 125% increase in just one year. Women of Power TECH, PODCASTS 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. Another campaign, Realize Your Dream, was targeted to would-be entrepreneurs. CATHY L. HUGHES Founder, Chairwoman Radio One Inc. Lanham, MD. 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. Before joining Scholastic, Winston served as vice president and treasurer, and then vice president and controller, of Visteon Corp. But encouraged by her husband (who did watch the channel) and her colleague, she joined as executive vice president of marketing. Clout: Rogers oversees field operations, customer service functions, and gas supply management for the $2.3 billion utility company. With 24 years of investment experience, she is a senior member of both the fixed income strategy committee and the management committee. Roz is also focused on implementing changes that can help create a seamless shopping experience of shopping at Sams Club. In a year that upended the corporate stratosphere, these women are leadingand in many cases tacklingcomplex transformations by addressing systemic racism in the workplace, managing remote teams around the world, building morale through innovative programming, and sustaining profitable bottom lines. While she was CEO of SMG North America, BLACK ENTERPRISE saluted her efforts by naming her 2002 Corporate Executive of the Year.I want to be recognized as a leader in my industry, McCann said at that time. The fund plans to raise $500 million (see blackenterprise.com archives). She is confident that she will bring a positive change, and we are confident that she is the positive change we need. Age: 43 JERRI DEVARD Senior VP, Brand Management & Marketing Verizon New York, NY. Finally, she also authoredUnapologetically Ambitious: Take Risks, Break Barriers and Create Success on Your Own Termswhich was published last year. ow.ly/Xfnb50LYMBK pic.twitter.com/dsiHNqfUWd, "Quiet quitting is not just about ones individual experiences, but the larger, shared experience of declining employee engagement across organizations. Nelson also believes in developing diverse talent as well: She serves on the advisory board of the Black Champions Network, the employee association she co-founded. In 2005, her division was a major contributor to the food giants $11.2 billion in net sales. The marketing whiz joined Verizon after stints at Citigroup, where she served as chief marketing officer of its e-consumer business, and Revlon, where she rose to vice president of marketing for color cosmetics. 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 . Take ownership for your own career, says Tracey Travis, CFO of Este Lauder. She is driven and committed to making changes in the way that Sams Club conducts its sources. Women of color are remaking the face of leadership teams, 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, Largest privately held companies and institutions. People come to seek information, explains Lucas. 10 on the BE INDUSTRIAL/SERVICE 100 list with $364 million in revenues) boasts 70 stations in 22 urban markets and reaches more than 13 million listeners weekly. }).render('20a8b375791e4747b3ea338f8ab6c52e'); Michel continues to make connections through her board duties at Triad Hospitals and NY National Banks. To hear industry watchers tell it, DeVard is a shepherd of technology. LINDA GOODEN President, Information Technology Lockheed Martin Seabrook, MD. Women of Power TECH, PODCASTS Age: 43 Age: 53 For the first time, in 2021, two Black females are at the helm of Fortune 500 companies at the same time: Roz Brewer and Thasunda Brown Duckett. Age: 44 Age: 43 For Black Women - The Executive Leadership Council (ELC) The Power of Women at Work. Clout: Saunders Jones directs The Coca-Cola Co.s community, philanthropic, and civic affairs. 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. Age: 36 SYLVIA RHONE Executive VP Universal Records President Motown New York, NY. My style is focused on driving results, which is gender neutral, she says. B.E. Contact 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. The politics of corporate America is something that most female executives are familiar with--especially at companies where racism, sexism and the good old-boy network still exist. 5 on the BE INDUSTRIAL/SERVICE 100 list with $498.2 million in gross sales. Some companies are stepping up. 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. She is also a strategies advisor to the President of Arizona State University and Forbes Ignite. Of all 655 seats held by women, 104 are held by African Americans. Although the books have yet to be balanced, Sykes has managed to close the gap from roughly $1.7 billion in 2003 to $46 million in 2005. I was at the White House with other black leaders talking to President Bush about issues that are important to our community, Lee recalls. Chairwoman The Coca-Cola Foundation Atlanta, GA. Age: 59 Registry of Corporate Directors. That energy that could be spent better doing productive work." BRIDGETTE HELLER Global President, Baby, Kids & Wound Care Franchise Johnson & Johnson Consumer Products Co. Skillman, NJ. CHRISTINA NORMAN President MTV New York, NY. Shes a certified public accountant and her board affiliations include Mercy Center and Women for the Apollo. Each executive reports directly to the CEO, COO, or the executive management team or hold positions on corporate board committees. #diversity #mentorship Clout: One of the nations most enterprising women, Michel connects minority businesses with the largest industrial corporations. 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. diversitywoman.com/rebel-with pic.twitter.com/V4sD6giQQ2, 57% of multicultural women wish more podcasts focused on women of color. Age: 43 She is also the leading board member of two national nonprofits, Catalyst, and Braven. Black women are changing the game in Corporate America. 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. I dont see that changing anytime soon, she says. JACQUELINE WOODS VP, Global Practices Oracle Corp. Redwood Shores, CA. KIM NELSON VP General Mills Inc. President Snacks Unlimited Golden Valley, MN. BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. The stars were perfectly aligned on February 7. Your Money, Your Life, LATEST LISTS 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. From endowments to foundations, pension plans to individuals, Fuller and her team oversee an extensive platform of fixed income portfolios. Appointed president of Snacks Unlimited in 2004, Nelson has built Pop Secret popcorn, Nature Valley granola bars, Chex Mix, and other snack foods into highly profitable brands. Clout: Woods is a multimillion-dollar negotiator. Your Money, Your Life, LATEST LISTS In Women in the Workplace 2020, Black women were found to experience more acute discrimination. Oakland, CA. She has many other accolades under her name too. 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. Buy a hard copy of our magazine, delivered to your door! Clout: The brand campaign for Secret deodorant, Strong enough for a man but made for a woman, was one of Williams most memorable. What can and will change with Lee at the helm is BETs programming. Privacy Policy Previously, she was executive vice president of CVS Health and the president of Aetna, the corporation's. Take Career Development Courses, and much more. 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. Management Chicago, IL. Roz has implemented a growth strategy that is mostly dependent on technological advancements. Age: 44 Entrepreneurs Summit Clout: President George W. Bush challenged NASA with a new mission: Visit Mars and journey farther into the final frontier. So, everything I do in the area of corporate governance, I do it because Im looking to protect and grow my investment in that company, says Nappier, the first African American woman in the U.S. elected to serve as state treasurer. DESIREE G. ROGERS Corporate SVP Peoples EnergyCorp. Executives must meet thefollowing criteria to make our roster: Hold companywide and industrywide influence, each list member represents the highest-ranking executives among the following universes: 100 largest international companieswith significant U.S. operations. Where does it stem from and how can organizations respond?" She has significant experience when it comes to structuring and negotiating private equity and mergers and acquisitions. 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. 1 firm on the BE PRIVATE EQUITY list with $1.6 billion in capital under management. Marvin Ellison, Lowe's. Image source: Lowe's. Lowe's ( NYSE:LOW) needs to play catch-up with its key rival, Home Depot . In a male-dominated industry, Pickrum takes the no-holds-barred approach. She not only changed its focus but reversed more than 10 years of staggering losses. Clout: The BET co-founder is not afraid to exert her largess. $14.99. She gained a national reputation for her leadership in corporate governance issues and was among those shareholders who filed resolutions pushing for reform in corporate accounting practices in the wake of widespread abuses that led to the collapse of Enron, WorldCom, and others. She has over 20 years of experience in leading digital initiatives that advance thegoalsand priorities of organizations. CAROL H. WILLIAMS President, CEO & Chief Creative Officer Carol H. Williams Advertising Oakland, CA. Clout: Once you can influence decisions in the boardroom, you are a woman of power, says Pickrum. According to Biz Journals, In the United States today, there are about 30 (6%) of CEO positions in S&P500companies as of December 2019. Black Men XCEL If her success at VH1 is any measure, Norman should be a hit. The 136 women on the roster make up our largest ever list of the crme of the crop of the most powerful black women in corporate America. BET gives me that platform, and I try to use it to better serve our audience.. Clout: Hughes has the largest black-owned and -operated broadcast company in the nation. Mary Barra Company: General Motors Revenue: US$147 billion (2018) As manager of all business operations outside of research and portfolio management, she has made Ariel one of the investment communitys most effective operators. Clout: At Liz Claibornes helm since October, Thomas-Graham oversees the $1.3 billion womens apparel label and manages a portfolio of brands, including Sigrid Olsen, Emma James, and Tapemeasure. As one of the most important women in tech today, Wolfe Herd is also the CEO of the newly acquired MagicLab, the parent company of multiple popular dating apps (Bumble, Latch, Badoo), valued at US$3 billion with an estimated 75 million users across its entire portfolio. Clout: When a colleague called Lucas about an opportunity at the Weather Channel in 2002, she wasnt a regular viewer of the channel. 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. 4 on the BE INDUSTRIAL/ SERVICE 100 list with $622.7 million in revenues) has mushroomed into a multidivisional company. Age: 45 Weather coverage is no longer a joke. Wells Fargo, for example, announced that it will increase Black leadership to 12 percent over five years, and Delta Air Lines, where 7 percent of the top 100 in the organization are Black, will double the percentage of Black officers and directors by 2025. Inspiring Corporate Leadership It is our honor to present Savoy Magazine's Most Influential Black Executives in Corporate America. SHEILA C. JOHNSON CEO Salamander Hospitality L.L.C. Tag: top black female executives Two Wheels Up execs picked by Oprah for "paving the way for women in leadership positions" Posted on March 1, 2021 March 1, 2021 by Doug Gollan Clout: Becoming the head of a media company wasnt something Lee planned. A Korn Ferry study also shows that senior Black talent faced bias in advancing into roles leading to the CEO spot. MARY A. WINSTON Executive VP & CFO Scholastic Corp. New York, NY. . The Real Roadmap to the Top for Black Women Executives. Outside the company, she serves on the board of American Express and Boston Scientific Corp. SUSAN CHAPMAN Global Head of Operations Citigroup Realty Services New York, NY. 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. cnx({ Under Sykes leadership, the entire agency converted to one accounting system, and all regional CFOs now report directly to her sharing accountability. Outside the company she serves on the board of directors for Rollover Systems and CW Wellspring Entertainment. Ursula Burns is the very first female, and a Black woman appointed as the head of Xerox, a Fortune 500 company. Walker to Aicha Evans, these 50 Black women have successfully subverted the status quo. Age: 53 The organization is a social startup with a vision of creating "a world where women own their work .". Age: 45 + $3.99 shipping. 2021 Top 100 Women Executives Select List Women Executives Select Year 2021 Select Location All Megan Clarken 1 Chief Executive Officer Criteo As CEO of a public company that employees over 2500 people across the globe, Megan is committed to using her platform to shine a light on diversity, equity and inclusion. INFORMATION Her private equity firm ranks No. By owning their power, of course. Nobody took the business of weather coverage that seriously. Age: 42 In fields from finance to tech to entertainment to health care, these 100 corporate all-stars are making their mark. She sits on the boards of Clorox and Idenix Pharmaceuticals and is a member of the Trustees Committee on Education at the Museum of Modern Art. She has also served as the CEO of Chase Consumer Banking. Green started her career in insurance at Chubb & Son Inc. and has more than 23 years of industry experience. She manages the origination of more than $25 billion in loan commitments. 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. 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. They have succeeded by leading with performance, deeply understanding their company culture, deftly navigating the corporate landscape, andabove allwisely wielding their power to determine their own destiny. Jameeka has over 20 years of experience in Information Technology and Cyber Security. [a-team-showcase id=634875], HOW WE CHOSE THE MOST POWERFUL WOMEN IN CORPORATE AMERICA. Sales Partnership Solutions 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. 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." For the first time, we are proud to introduce the Elite 100. Although vital to global business overall, CEOs and top executives from the. In the same period, there have only been four Black women Fortune 500 CEOs. In recent years, the Department of Treasury has been critical of the programs accounting practices. She serves on the boards of Coca-Cola Enterprises Inc. and Limited Brands Inc. MELISSA JAMES Managing Director Morgan Stanley New York, NY. They have high-ranking titles and the power to set strategy for many billion-dollar corporations, and their advancement is unparalleled. Clout: In 1999, Wright was advised not to accept the position of CEO and president of Carver Federal Savings Bank (No. Roz as shes fondly called, joined Sams Club, a division of Wal-Mart Stores, Inc. in the year, 2012. We are in the middle of a long process of transforming our financial management, says Sykes of the magnitude of her departments task. Washington, DC. In addition to working for the beverage giant, Palmer serves as a board trustee and secretary of Spelman College. ow.ly/Wehk50LYRU7. In the European Union the figure is 9 percent and in the United States it's 5 percent. She is also a member of the core bond strategy group and the corporate strategy group. Clout: Norman is a leading force in the ultracompetitive landscape of television programming. Only 14.2% of the top five leadership positions at the companies in the S&P . 2 on the BE ADVERTISING AGENCIES list with $350 million in billings). TWCs total day average audience delivery has increased 23% over the same period. Age: 48 Her latest endeavor is a lifestyle company that. Clout: A top dealmaker on Wall Street, Harris is charged with the structuring, marketing, and execution of public and private equity deals. 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. 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. Clout: Johnson Rice is building upon the legacy of her late father, JPC founder John H. Johnson. 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. Contact Her strength lies in leading teams, digital transformation, risk and identity management, and mergers & acquisitions, among others. When MetLife bought Citigroups Travelers Life & Annuity business earlier this year, Chapmans team negotiated and executed the transaction. The award is given to. With access to higher education, comes many leadership opportunities that these women do not hesitate to take advantage of. Pickrum earned her bachelors degree from Vassar College and her law degree from Stanford Law School. DONNA A. JAMES President, NationwideStrategic Investments Nationwide Mutual Insurance Co. Columbus, OH. She further exercises her influence as a board director of Bausch & Lomb Inc., Kimberly-Clark Corp., MoneyGram International, and Omnicom. Woods drove Oracles e-business standardization initiative, yielding a savings of $1 billion over three years. She oversees internal audits, diversity initiatives and corporate affairs. It could be costing the podcast industry some growth since 55% of women listeners say they would listen to more podcasts that included female stories & perspectives. America's Top Black CEOs These trailblazers are helping other minorities make it to the C-suite By Kiara Taylor Updated June 25, 2022 Fact checked by Jiwon Ma The vision and actions of a CEO. 22 Age: 46 Clout: Mosley Diamonds 25 years of experience in the finance industry paid off in December 2005 when Wellington Management, a $511 billion investment banking firm,appointed her partner. 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