The "Fortune 500" is a list of the 500 largest companies in the United States as compiled by Fortune magazine. Only 15 black executives have ever made it to the Chairman or CEO position of a "Fortune 500" listed company. Of these 15 executives, there are currently 5 active. In 1987, Dr. Clifton R. Wharton, Jr. became Chairman and CEO of TIAA-CREF — distinguishing him as the first black CEO of a Fortune 500 company.
Franklin Raines became the second 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.
There are currently no black majority owned company in the Fortune 500 rankings.
Updated January, 29, 2015.
|Chairman/CEO||Company||Rank||Revenue ($ bil.)||Profits ($ mil.)|
|John W. Thompson||Microsoft Corporation||35||73.7||16,978|
|Kenneth C. Frazier||Merck & Co., Inc||58||47.3||6,168|
|Kenneth I. Chenault||American Express||90||33.8||4,482|
|Roger W. Ferguson, Jr.||TIAA-CREF||97||32.2||2,060|
|Ursula M. Burns||Xerox Corporation||131||22.4||1,195|
Born: April 24, 1949, in Fort Dix, New Jersey
Position: Chairman, Board of Directors,
Company: Merck & Co., Inc.
Position: President, Chief Executive Officer and Director
Born: June 2, 1951, New York, New York.
Company: American Express
Position: Chairman and...
Born: October 28, 1951, Washington, D.C.
Position: President and...
Born: New York, New York, September 20, 1958
Company: Xerox Corporation
Position: Chairman and...
Born: May 28, 1954, Houston, TX.
Company: Potbelly Sandwich Works
Position: Chief Executive...
Born: April 11, 1956, Vicksburg, MS.
Company: Darden Restaurants, Inc.
Position: Former Chief...
Born: 1963, Chicago, IL.
Country: United States
Born: January 14, 1949, Seattle, Washington
Company: Revolution LLC
Company: CleanTech Solutions Worldwide, LLC,
Position: Chairman and CEO,
Born: April 4, 1948, Brooklyn, NY.,
Company: Los Angeles Clippers,
Position: interim CEO,...
Born: c. 1954
Company: Delphi Corporation
Position: Chief Executive Officer and President...
Born: c. 1950
Company: RW2 Enterprises
Position: Chairman and CEO
Born: Oct. 7, 1951, Roanoke, Ala.
Company: Alcoa Inc.
Born: 1959, Little Rock, Arkansas,
Company: Infor Global Solutions,
Born: c. 1959
Position: President of U.S. Operations,
Company: United Parcel Service of North...
Born: c. 1962,
Company: Wal-Mart Stores, Inc.,
Position: President and CEO, Sam's Club,...
All information on this site is compiled by BlackEntrepreneurProfile.com from reliable industry sources. While all efforts are made to ensure the accuracy of the information, BlackEntrepreneurProfile.com and its related entities assume no liability for incorrect, incomplete, or missing information from this site.