The "Fortune 500" is a list of the 500 largest companies in the United States as compiled by Fortune magazine. Only 13 black executives have ever made it to the Chairman or CEO position of a "Fortune 500" listed company. Of these 13 executives, there are currently 6 active. Franklin Raines became the first black person to lead a "Fortune 500" company, when he became CEO of Fannie Mae in 1999. On July 1, 2009, Ursula Burns became the first black woman to head a Fortune 500 company.
Updated April 7, 2012.
| CEO | Company | Rank | Revenue ($ bil.) | Profits ($ mil.) |
| Kenneth C. Frazier | Merck & Co., Inc | 57 | 48.0 | 6,272.0 |
| Roger W. Ferguson, Jr. | TIAA-CREF | 88 | 34.1 | 2,388.4 |
| Kenneth I. Chenault | American Express | 95 | 32.3 | 4,935.0 |
| Don Thompson | McDonald's | 107 | 27.0 | 5,503.1 |
| Ursula M. Burns | Xerox Corporation | 127 | 22.6 | 1,295.0 |
| Clarence Otis, Jr. | Darden Restaurants, Inc. | 342 | 7.6 | 476.3 |
Born: Oct. 7, 1951, Roanoke, Ala.
Company: Alcoa Inc.
Position: Director
Industry: Financial Services
Country: United States
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