9.28.20
A recent article by The Wall Street Journal takes a deep dive in explaining why there are still so few black CEOS.
If corporate life is a pyramid, for Black Americans, it is one with the steepest of peaks.
Out of the chief executives running America’s top 500 companies, just 1%, or four, are Black. The numbers aren’t much better on the rungs of the ladder leading to that role. Among all U.S. companies with 100 or more employees, Black people hold just 3% of executive or senior-level roles, according to Equal Employment Opportunity Commission data.
Decades after the civil-rights movement led to laws banning workplace discrimination, progress for Black executives has hit a ceiling.