Earl G. Graves Sr.

By: BlackEntrepeneurProfile.com

Born: January 9, 1935, Brooklyn, New York,

Position: Chairman,

Company: Earl G. Graves Ltd.,

Industry: Media,

Country: United States

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Earl G. Graves Sr., is chairman of Earl G. Graves, Ltd., parent corporation of Earl G. Graves Publishing Co., publisher of Black Enterprise magazine which has a paid circulation of 500,000 with a readership of approximately 3.4 million. The magazine has been profitable since its tenth issue and has yearly sales of over US$53 million.

Graves Sr., was previously Chairman and CEO of Pepsi-Cola of Washington, D.C., L.P., one of the largest minority-controlled Pepsi-Cola franchise in the US. He acquired the $60 million franchise in July of 1990.

He was named one of the 50 most powerful and influential African Americans in corporate America by Fortune Magazine.

Graves Sr., is currently a director of Aetna Inc. He is retired from the boards of AMR Corp. (American Airlines), DaimlerChrysler AG Corp., Federated Department Stores, Inc., and Rohm & Haas Corporation.

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