top black female executives

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Date: 12/12/2022

Vintage Secretary Blouse Floral Sheer Loubella Size 14/15 Top Career long sleeve. In her role at RLJ Cos., a diversified holding company with portfolio companies in financial services, hospitality, real estate, gaming, media, and entertainment, she is responsible for all the companys legal matters, strategic partnerships, and new business developments. 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. The top Black female today are among the most educated ethnic groups in the United States today. Shes also responsible for a portfolio of financial companies through Nationwide Mutual Capital, a $150 million venture capital fund. Mary Barra Company: General Motors Revenue: US$147 billion (2018) ow.ly/YU3M50LXRes. 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. Clout: James ensures the companys growth by managing five subsidiaries that generate roughly $650 million in revenues annually. She serves on the boards of Coca-Cola Enterprises Inc. and Limited Brands Inc. MELISSA JAMES Managing Director Morgan Stanley New York, NY. 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. Age: 53 She saved millions by creating the companys first employee buyout program. She previously served as the Chief Operating Officer, Group President, and Member of Starbucks Board of Directors. Safon Floyd July 12, 2016 September 27, 2017 984. Cathy Hughes tenacity and never giving up personality have helped put her in the position she is today. 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. In fact, she is credited with saving taxpayers and businesses millions of dollars through the states debt management program. Clout: Under Goodens leadership, Lockheed Martin has become a vital force in post-9-11 America. Walker to Aicha Evans, these 50 Black women have successfully subverted the status quo. 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. Before joining Scholastic, Winston served as vice president and treasurer, and then vice president and controller, of Visteon Corp. Over time I started getting involved in the business side of things and doing more strategic business development, so it was a natural progression.. }); EVENTS Last year, she increased the operating income to $19.5 billion, a 125% increase in just one year. She is currently serving on the boards of Verizon, Nordstrom, Okta, and Ropper Technologies. Age: 42 Michel continues to make connections through her board duties at Triad Hospitals and NY National Banks. LISA W. PICKRUM Executive VP & COO RLJ Cos. L.L.C. Nearly 800 Google employees have joined a solidarity campaign in support of one of the company's top female executives, a known . diversitywoman.com/rebel-with pic.twitter.com/V4sD6giQQ2, 57% of multicultural women wish more podcasts focused on women of color. 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. Her strength lies in leading teams, digital transformation, risk and identity management, and mergers & acquisitions, among others. She is charged with rebuilding Motowns roster. 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. Washington, DC. 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. You have an opportunity of readying yourself and expressing an interest in those areas that the management team is looking at in terms of valued experience and trying to build relationships with the folks that run those areas to make yourself more known.. 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. 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. Sneed also oversees consumer strategy and promotions as well as packaging and design for more than 100 major brands. $17.95. 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." She is also a strategies advisor to the President of Arizona State University and Forbes Ignite. The fact that there still arent many African American women in the C-suite clearly shows that the playing field still requires leveling. Both figures are slight improvements from . WONYA Y. LUCAS Executive VP and General Manager The Weather Channel Networks Atlanta, GA. Age: 44 When MetLife bought Citigroups Travelers Life & Annuity business earlier this year, Chapmans team negotiated and executed the transaction. She focused on lifestyle and entertainment for African-Americans. Clout: Hobson heads the nations largest black-owned money management firm (No. Ursula Burns is the very first female, and a Black woman appointed as the head of Xerox, a Fortune 500 company. 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. Were the No. If her success at VH1 is any measure, Norman should be a hit. 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. Age: 53 She also serves on the Vassar College Board of Trustees and presides over the colleges 35,000-member alumni association. In fields from finance to tech to entertainment to health care, these 100 corporate all-stars are making their mark. That energy that could be spent better doing productive work." 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. In the same period, there have only been four Black women Fortune 500 CEOs. A shrewd negotiator with a business and legal background, Pickrum spearheaded two critical deals. You have to [talk] to the people. She holds the No. 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. Her company, Harpo Inc., ranks No. 14 on the BE INDUSTRIAL/SERVICE 100 list with $275 million in revenues. Age: 47 KIM NELSON VP General Mills Inc. President Snacks Unlimited Golden Valley, MN. 1. 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." Currently, she is working on strategies to make sure any problems that arise can be solved through the right use of data and technology. The Real Roadmap to the Top for Black Women Executives. I was able to hone that craft by going to work for Pillsbury, a consumer-packaged-goods company, says DeVard. What can and will change with Lee at the helm is BETs programming. 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. Nobody took the business of weather coverage that seriously. Her firm was named BEs Advertising Agency of the Year in 1999 and 2004. Most recently, entertainer and CoverGirl spokeswoman Queen Latifah tapped the agency to market a cosmetics line for African American women. KIM GREEN Executive VP Willis Global Risk Solutions New York, NY. 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. Travis is affiliated with the Finance Executives Institute and the National Association of Corporate Directors. She serves on the boards of Tommy Hilfiger Corp., the Association of National Advertisers, the Executive Leadership Council, and the Pepsi AfricanAmerican Advisory Board. Without exception, our list reveals 50 women who represent the top echelon of business. 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. PAULA SNEED Executive VP, Global Marketing Resources & Initiatives Kraft Foods Inc. Northfield, IL. Fudge serves on General Electrics board of directors, the Harvard Board of Overseers, and as a trustee of the Brookings Institution. Age: 44 Twenty-four hours of climate conditions? The award is given to. LINDA JOHNSON RICE President & CEO Johnson Publishing Co. Inc. Chicago, IL. 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. Since the 1970s, its flagship product Black Enterprise magazine has covered African-American businesses with a readership of 3.7 million. Only 14.2% of the top five leadership positions at the companies in the S&P . Karen Lynch CEO, CVS Health ( CVS ) Lynch assumed the CEO role in February 2021. 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. Oakland, CA. !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); Age: 48 Clout: Ellis-Simon heads a hard-driving team that generates millions of dollars in revenues. VICKI R. PALMER Executive VP, Financial Services & Administration Coca-Cola Enterprises Inc. Atlanta, GA. Age: 52 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. In fact, all of the companys advertising targeted to pre-teens now focuses on food products that meet nutritional guidelines. SHEILA C. JOHNSON CEO Salamander Hospitality L.L.C. 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. I dont see that changing anytime soon, she says. Women of Power TECH, PODCASTS I was at the White House with other black leaders talking to President Bush about issues that are important to our community, Lee recalls. Clout: A 28-yearveteran with Kraft, Sneed was part of a companywide initiative to thwart childhood obesity. But encouraged by her husband (who did watch the channel) and her colleague, she joined as executive vice president of marketing. 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. CATHY L. HUGHES Founder, Chairwoman Radio One Inc. Lanham, MD. My style is focused on driving results, which is gender neutral, she says. Age: 42 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. ow.ly/OzZC50LZMvn. Under her leadership, the foundation has contributed $180 million in scholarships to minority students. With larger institutions aggressively consolidating, Wrights strategy is to focus on servicing, educating, and building in developing black communities. Clout: A top dealmaker on Wall Street, Harris is charged with the structuring, marketing, and execution of public and private equity deals. She also serves on the board of Girls Inc. of St. Louis and the advisory council of the St. Louis branch of the United Negro College Fund. In Women in the Workplace 2020, Black women were found to experience more acute discrimination. 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 . In between hurricanes weve made changes based on what consumers told us.. 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. PAMELA THOMAS-GRAHAM Group President Liz Claiborne Inc. New York, NY. Because of their pull, the executives, entrepreneurs, and specialized professionals who appear on this list make up BLACK ENTERPRISEs list of the 50 Most Powerful Black Women in Business. MARY A. WINSTON Executive VP & CFO Scholastic Corp. New York, NY. #diversity #mentorship 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. In its 2005 fiscal year, Scholastics revenues were more than $2 billion, with an 11.2% increase in net income from the previous year. She further exercises her influence as a board director of Bausch & Lomb Inc., Kimberly-Clark Corp., MoneyGram International, and Omnicom. 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. To hear industry watchers tell it, DeVard is a shepherd of technology. Black Men XCEL About CAROL H. WILLIAMS President, CEO & Chief Creative Officer Carol H. Williams Advertising Oakland, CA. Roz as shes fondly called, joined Sams Club, a division of Wal-Mart Stores, Inc. in the year, 2012. BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Therefore, the CFO is definitely there at thetable in that transformation.. SistersInc. RENETTA MCCANN CEO Starcom MediaVest Group Chicago, IL. She oversees internal audits, diversity initiatives and corporate affairs. Age: 45 TIAA was managing $1.1 trillion in assets for more than five million active employees as of year-end 2019, according to Fortune. She manages the origination of more than $25 billion in loan commitments. In 2005, her division was a major contributor to the food giants $11.2 billion in net sales. Johnson is the first black woman to co-own three professional sports teams: the Washington Mystics (WNBA), Capitals (NHL), and Wizards (NBA). 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. We are in the middle of a long process of transforming our financial management, says Sykes of the magnitude of her departments task. Access exclusive leadership development packages to help you achieve your career goals. 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. In previous jobs, she developed a 20-year track record of strengthening household brands such as Maxwell House Coffee, Kool-Aid, and Jell-O. In addition to its core human resources operation, the company provides technical services, creative communications, business travel, and owns an online college that focuses on business administration and engineering. cnx.cmd.push(function() { CHRISTINA NORMAN President MTV New York, NY. She is also the leading board member of two national nonprofits, Catalyst, and Braven. One of her goals this year is to create original programming. She has a track record of building brands, organizations, and high-performance teams. Clout: Hughes has the largest black-owned and -operated broadcast company in the nation. BRIDGETTE HELLER Global President, Baby, Kids & Wound Care Franchise Johnson & Johnson Consumer Products Co. Skillman, NJ. These were just the five women black executives that we could mention and honor today. Known for her community involvement and corporate leadership, Madison has earned a number of awards including the 2004 Citizen of the Year Award and 2005 Excellence in Media Award. INFORMATION An investment industry veteran, Smith Iloani directs the firms investment advisory and asset management business and the investment and portfolio management activities. 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. Clout: One of the nations most enterprising women, Michel connects minority businesses with the largest industrial corporations. Registry of Corporate Directors. Ursula Burns is the very first female, and a Black woman appointed as the head of Xerox, a Fortune 500 company. ABOUT Over a six-month period, our editors reviewed biographies and resumes and conducted interviews with hundreds of potential candidates. Duckett is TIAA's second consecutive Black chief executive,. 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. Roz is also focused on implementing changes that can help create a seamless shopping experience of shopping at Sams Club. Age: 51 Chairwoman The Coca-Cola Foundation Atlanta, GA. Age: 59 Green started her career in insurance at Chubb & Son Inc. and has more than 23 years of industry experience. ANN FUDGE Chairwoman & CEO Y&R and Young & Rubicam Brands New York, NY Age: 54 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. $14.99. Clout: As a member of the senior executive committee for Coca-Cola, Palmer oversees the treasury department, which manages the companys $11 billion multicurrency debt portfolio and its $3 billion pension plan and 401(k) investments. 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. Top-tier executives who serve as corporate officers or members of the senior leadership team. Click here to download the PDF of this Issue. Today she creates ads for clients at her agency, Carol H. Williams Advertising (No. She is driven and committed to making changes in the way that Sams Club conducts its sources. 1 on the BE ASSET MANAGERS list with $21.43 billion in assets under management). 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. GLENDA GOODLY MCNEAL SVP & General Manager, Retail & Emerging Industries, Establishment Services, North America American Express New York, NY. Executives who work for governmentagencies and entities under full governmentcontrol. 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 CEO of Sams Club, Rosalind Brewer is currently the one calling the shots as the president and CEO of Sams Club. Work With Coaches. Prior to her current position, Cooper headed the companys global futures business. + $3.99 shipping. 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. Management Subscribe to Newsletter Women of Power Summit 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. Black women are changing the game in Corporate America. Today she is chairwoman and CEO of the banks holding company, which has grown to include eight branches and 137 employees. As of November, the magazine brought in revenues of $214 million. OPRAH WINFREY Chairwoman Harpo Inc. Chicago, IL. 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. Clout: Saunders Jones directs The Coca-Cola Co.s community, philanthropic, and civic affairs. Clout: Thrown into mainstream medias pit in 1986, Winfreys appeal and vitality has never waned. About Executives who have been excluded from our list: -List research and additional reporting by Lisa Fraser, Roland Michel, and Delicia Paisley-Smith, EVENTS 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. Take ownership for your own career, says Tracey Travis, CFO of Este Lauder. The Power of Women at Work (POWW) is a one-day symposium designed to equip women to navigate the new norm with power, grit, and grace. This determination, resilience, hard work, and steadfastness are what make them reach the top even after hurdle after hurdle. 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. CATHY D. ROSS SVP & CFO, FedEx Express FedEx Corp. Memphis, TN. 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. She later launched her own insurance brokerage firm, MGIS Inc., which she soldin 1995. Clout: The brand campaign for Secret deodorant, Strong enough for a man but made for a woman, was one of Williams most memorable. 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. ADRIAN E. BRACY VP of Finance St. Louis Rams, St. Louis, MO. Johnson is the first black woman to co-own three professional sports teams: the Washington Mystics (WNBA), Capitals (NHL), and Wizards (NBA). Reaching more than 80 million households in the U.S., Canada, and the Caribbean, BET has grown from humble beginnings, filling the entertainment void of African Americans, to a multi-billion-dollar media conglomerate dominating the urban marketplace. }).render('20a8b375791e4747b3ea338f8ab6c52e'); Age: 48 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. 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. Finally, she also authoredUnapologetically Ambitious: Take Risks, Break Barriers and Create Success on Your Own Termswhich was published last year. Age: 46 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. In the C-suite, there has been progress, but its slow. 0 (Image: File) Clout: Johnson Rice is building upon the legacy of her late father, JPC founder John H. Johnson. 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. Woods drove Oracles e-business standardization initiative, yielding a savings of $1 billion over three years. Clout: Becoming the head of a media company wasnt something Lee planned. By Olivia Solon and April Glaser. 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. Age: 45 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 of Power Summit 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. She has executed transactions such as the initial public offerings for UPS and Martha Stewart Living Omnimedia, and the $3.2 billion common stock transaction for Immunex Corp., the largest biotechnology offering in U.S. history. Clout: Could Sandlers job be any sweeter? Age: 52 Women who hold C-suite positions including CEO (chief executive officer); COO (chief operating. Age: 43 Age: 37 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. Age: 56 That initiative, which issued $500 million of unlimited tax-refunding bonds, helped reform the districts governing structure. 5 on the BE INDUSTRIAL/SERVICE 100 list with $498.2 million in gross sales. Under Sykes leadership, the entire agency converted to one accounting system, and all regional CFOs now report directly to her sharing accountability. 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. Sales Partnership Solutions Please click the links below to view the digital copy of previous issues. Black women, even with discrimination andbias, work twice as hard and good as their counterparts. 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. Although vital to global business overall, CEOs and top executives from the. She has significant experience when it comes to structuring and negotiating private equity and mergers and acquisitions. 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. . INGRID SAUNDERS JONES SVP, Corporate External Affairs The Coca-Cola Co. Since 2004, she has held the CEO position for SMGs Americas region, which includes the U.S., Canada, and Latin America. Pickrum earned her bachelors degree from Vassar College and her law degree from Stanford Law School. Membership in the corporate elite doesnt come easy. Clout: Since 1984, Ross has played a significant role in securing the divisions position as the worlds largest express delivery service. 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. VICKI L. FULLER SVP & Senior Portfolio Manager Alliance Capital Management Corp. New York, NY Age: 48 She gained ample experience as co-head of the companys commodity business for Europe and Asia, and in 2004,she co-headed the companys global clearing and execution in the equity division. Shes a certified public accountant and her board affiliations include Mercy Center and Women for the Apollo. Not just this, but she has worked with both privately held and Fortune 100 companies. People come to seek information, explains Lucas. DEBORAH C. WRIGHT Chairwoman & CEO Carver Bancorp Inc. New York, NY. Let look at some of the top black women executives in the US: SHELLYE ARCHAMBEAU The former CEO of MetricStream and the current Fortune 500 board member, Shellye Archambeau is one of those who need no introduction. 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. In 2004, was launched. During her 17-year tenure at the company, she has held key marketing and sales positions. Sharon Kennedy Vickers is the Chief Information Officer and Director of Technology & Communications at the City of Saint Paul, Minnesota. Clout: President George W. Bush challenged NASA with a new mission: Visit Mars and journey farther into the final frontier. As a senior portfolio manager, she oversees fixed income investments, which account for 33% of the firms assets under management. VIKKI L. PRYOR President & CEO SBLI USA Mutual Life Insurance Co. Inc. New York, NY. DESIREE G. ROGERS Corporate SVP Peoples EnergyCorp. Before that, she was the CEO of Chase Auto Finance, SVP for emerging markets and affordable lending, and SVP in home lending. Contact To view or add a comment, sign in Roz has implemented a growth strategy that is mostly dependent on technological advancements. Age: 63 Prior to joining Alliance in 1993, Fuller worked for Equitable Capital Management Corp. and later for Morgan Stanley. DENISE L. NAPPIER Treasurer State of Connecticut Hartford, CT. Age: 51 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. Thasunda Brown Duckett is the new CEO of Annuity Association of America, TIAA. She is also chairwoman of the companys pricing committee for its global lines of businesses. Women of color are remaking the face of leadership teams and C-suites at corporations across the country and around the globe. 1 firm on the BE PRIVATE EQUITY list with $1.6 billion in capital under management. 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. Age: 58 By Tanisha A. Sykes Black women are changing the game in Corporate America. 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. Her secret for success, she says, is being a student of human behavior understanding how people choose one brand over another. [a-team-showcase id=634875], HOW WE CHOSE THE MOST POWERFUL WOMEN IN CORPORATE AMERICA. B.E. 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. MELLODY HOBSON President Ariel Capital Management L.L.C. 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. DIANA S. FERGUSON SVP of Strategy & Corporate Development Sara Lee Corp. Chicago, IL Age: 42 BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Age: 43 Age: 43 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. Were a major media network, and people look to us to see what black America is thinking and how things affect us. 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. Reversing NASAs finance woes, such as achieving its space initiatives, wont happen overnight, but Sykes is confident it can be accomplished. 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. Clout: Rhone has the distinction of being the first African American woman to head a major record company. Women who hold positions in diversity, human resources, legal affairs, corporate communications, and other staff management areas were not eligible. 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. Age: 44 And they run the gamut, from senior managers of multinational corporations to founders of the nations largest black-owned businesses. She chairs the marketing committee of the Pepsi Ethnic Consumer Advisory Board and serves on the board of the National Retail Federation. 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%. 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. Marvin Ellison, Lowe's. Image source: Lowe's. Lowe's ( NYSE:LOW) needs to play catch-up with its key rival, Home Depot . Chapman sits on the Deans Advisory Board for the University of Wisconsin-Madison School of Business. With 24 years of investment experience, she is a senior member of both the fixed income strategy committee and the management committee. Johnson & Johnson Fort Washington, PA. Age: 45 Age: 45 4 on the BE INDUSTRIAL/ SERVICE 100 list with $622.7 million in revenues) has mushroomed into a multidivisional company. In 2004, Splenda generated about $187 million in retail sales, beating out Equal and SweetN Low. Executives who manage local andstatewide divisions. 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: 33 The candid conversations, game-changing solutions, insightful panels, networking and partnering opportunities with individuals . 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. 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. She founded these stations and had to undergo homelessness in the bid of keeping her dreams alive. She is the highest ranking African American woman at Viacom, BETs parent company, and her tenure with the network spans 20 years. 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. 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. Age: 43 Kathryn Finney's status as an industry pioneer makes her one of the most influential black women in tech today. 22 Today, Hughes has a publicly traded media company, Radio One. TV One. But before anyone can go where no man has gone before, CFO Sykes must approve it. Age: 53 Clout: Chapman manages the day-to-day operations for Citigroup Realty in 96 countries. Black women have always faced barriers to advancement, such as double standards, lack of advocacy, and unconscious bias. 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. AMY ELLIS-SIMON Managing Director,Head of Multiproduct Sales Merrill Lynch New York, NY. A leading philanthropist, Harris chairs the Food Bank for New York City, which distributes free food to more than 1.5 million people annually. 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. As worldwide president, she oversees the development of Johnson & Johnsons nutritional health products platform. VALERIE MOSLEY DIAMOND SVP & Fixed Income Portfolio Manager Wellington Management Boston, MA. 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. Age: 58 Age: 58 Your Money, Your Life, LATEST LISTS 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. There are so many more whose success, hard work, and talent are also making so much noise. 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. The network has access to 88 million homes and, in 2005, the channels prime-time average audience delivery among households grew 31% over 2002. Sykes, who was named CFO in 2002, oversees fiscal operations inside and in connection with the $16.5 billion space exploration program. 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. 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. From a business perspective, having a diverse executive staff that can effectively implement major decisions is necessary to reach a widening consumer base. Her private equity firm ranks No. In 2004, Radio One and Comcast launched TV One Inc., a network targeted to African American adults. EDITH W. COOPER Head of North American Hedge Fund Distribution, Fixed Income, Currencies & Commodities Goldman Sachs New York, NY. Inspiring Corporate Leadership It is our honor to present Savoy Magazine's Most Influential Black Executives in Corporate America. Let look at some of the top black women executives. After auditing NASAs books, it found a $1.7 billion discrepancy. Masthead. DEBRA A. SANDLER Worldwide President, McNeil Nutritional L.L.C. 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: 47 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 is also a board director of First Horizon National Corp., where she chairs the audit committee. 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