Fortune 500 features two Black females CEOs for very first time
Rosalind “Roz” Brewer and Thasunda Brown Duckett crack the top 100 after assuming president roles previously this year
TIAA is the only Fortune 500 business to have two successive Black CEOs.
The business on the 2021 Fortune 500 integrate for a grand overall of $13.8 trillion in revenues. Black Enterprise reports that the companies accounted for around two-thirds of the U.S. economy.
” It does not escape me that I am basing on the shoulders of giants, including the cooks and janitors and others who appear like me and were initially to get in business America,” Brown Duckett said informed ABC. “They created the area for me to have this chance. My hope is that business America recognizes that talent is produced equally but opportunity is not, and we all acknowledge that theres still more work to be done.”.
The Fortune 500 list for 2021 is a historic one.
Mentioning Equal Employment Opportunity Commission data, CNN reports the 2 women remain in unusual business on Wall Street as Black individuals comprise just 3.3% of senior and executive leaders currently working in business America.
The 67th edition of Fortune 500 features Rosalind “Roz” Brewer, the CEO of Walgreens Boots Alliance, and Thasunda Brown Duckett, the CEO of TIAA.
The pharmaceutical seller Walgreens ranked 16th on the list after providing more than $139 billion in revenues in its newest. TIAA, a financial service organization, ranked 79th with more than $41 billion in profits.
The yearly list of the 500 largest American companies by total profits features two Black female CEOs on the exact same list for the very first time ever, according to ABC News.
In addition, the 2021 Fortune 500 lists the most female CEOs in history with 41 overall. The greatest ranking of the 41 is Karen S. Lynch, who leads pharmacy and health company CVS Health. The merchant made over $268 billion in profits in its latest financial year.
Brown Duckett took control of TIAA as CEO in February, as reported by theGrio. Prior to that, she was CEO of Chase Consumer Banking. She replaced another Black CEO in Roger W. Ferguson Jr., who retired from his post.
Maker, a former Starbucks executive, was designated CEO of Walgreens in March, according to theGrio.
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Maker and Brown Duckett follow in the footsteps of Ursula Burns, the first Black female CEO of a Fortune 500 company. She ran Xerox from 2009 to 2016, according to the Harvard Business Review.
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Walmart led the list with more than $559 billion on the top line. The retail conglomerate has topped the list every year given that 2013, according to Fortune.
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Brown Duckett took over TIAA as CEO in February, as reported by theGrio. Prior to that, she was CEO of Chase Consumer Banking.” It does not escape me that I am standing on the shoulders of giants, consisting of the cooks and janitors and others who look like me and were first to go into business America,” Brown Duckett said informed ABC. Furthermore, the 2021 Fortune 500 lists the most female CEOs in history with 41 overall. The greatest ranking of the 41 is Karen S. Lynch, who leads pharmacy and health business CVS Health.
