Obtaining membership on the board of directors of a public corporation is a goal for many entrepreneurs. If this is a goal you share, check out Black Enterprises' exclusive registry of African-Americans on corporate boards. Note, this information was compiled and supplied to me on behalf of Black Enterprise Magazine.
Report Lists 308 Black Corporate Directors of America’s 500 Largest Public Companies, Identifies 187 Corporations with No Black Directors
NEW YORK, Sept. 12, 2018 /PRNewswire/ — BLACK ENTERPRISE (BE) has released its latest exclusive report on African American representation on the corporate boards of 500 of America’s largest publicly traded companies today at BlackEnterprise.com. The media company identifies 308 African American directors at S&P 500 companies, including JPMorgan Chase & Co., Prudential Financial Inc., ExxonMobil, and FedEx Corp., on the BLACK ENTERPRISE Registry of Corporate Directors. In addition, the report reveals 184 companies with no African American representation among their boards of directors.
BLACK ENTERPRISE’S report spotlights prominent African American directors including Estée Lauder Cos. Inc. EVP and CFO Tracey T. Travis, who serves on the board of Accenture PLC, and Adtalem Global Education Inc.’s President and CEO Lisa W. Wardell, who serves on the board of Lowe’s Cos. Inc.
“It’s been six years since we began producing our annual report on boardroom power, representing our scorecard on diversity at the highest levels of corporate America,” said Earl “Butch” Graves Jr., CEO and president of BLACK ENTERPRISE. “As such, we present the Black Enterprise Registry of Corporate Directors—our exclusive bench, if you will, of power hitters who sit on the boards of the nation’s largest publicly traded corporations.”
The registry is drawn from the S&P 500 based on market capitalization as of May 4th, 2018. BLACK ENTERPRISE compiled the listing by reviewing proxy statements and annual reports, as well as contacting investor relations departments, corporate governance experts, and organizations such as the Black Corporate Directors Conference and the Executive Leadership Council (ELC); the latter is a network of the nation’s most highly ranked African American corporate executives.
For the complete list and the full report of “Power in the Boardroom,” pick up the July/August issue of BLACK ENTERPRISEmagazine.
BLACK ENTERPRISE, your ultimate source to build Wealth for Life, is the premier business, investing, and wealth-building resource for African Americans. Since 1970, BE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. Every month, BLACK ENTERPRISE magazine provides 6 million readers with information on entrepreneurship, careers, and financial management. A multimedia company, BE also produces television programming, business and lifestyle events, Web content, and digital media. Visit www.blackenterprise.com for more information.