All Articles Tagged "black women executives"
Women and minorities are hard to come by when taking a close look at the S&P 100 companies list. According to Calvert Investments Inc., a Bethesda, MD-based investment management company, majority of the 100 companies had no women or minorities in their highest-paid senior executive positions last year. There has been progress since Calvert Investment began studying the issue in 2010. However to date the diversity in leadership is underwhelming with women making up only eight percent of the highest paid executives.
In alignment with data found in the study conducted by Forbes on the best jobs for women, the report shows that women were hired as often as men, but their representation decreases as they moved up in an organization.
Ninety-eight of the 100 S&P companies had women in director positions, 86 companies had minority directors, but just 37 companies had minority women on their boards, revealing that the ceiling for black women may be made of something stronger than glass.
Based on Calvert Investment criteria, the highest-rated companies in diversity progress were Citigroup, Merck, Coca-Cola and JPMorgan Chase, while the lowest-rated companies were Berkshire Hathaway, Simon Property Group, National Oilwell Varco, Ebay and Apache.
As we’ve mentioned, if you’re looking for the corner office in business you might want to stick with smaller companies or be prepared to work your butt off trying to climb the ladder in S&P’s top companies. It’s a rough climb.
Women have held their own the music charts since the charts were invented. But behind the scenes females in the music industry could boast of having little to know say. My, have things changed. Today’s black woman is not only filling the seats of the concert arenas, she’s taking her seat in the musical boardroom. From trailblazers like Sylvia Rhone, to innovators like Carmen Murray, women are calling the shots. Here’s our list of the top black woman music executives:
Sylvia Rhone is not done yet. The music world is eagerly anticipating the legendary executive to launch her own label through Epic Records. It will be the latest in a decades long list, of profound accomplishments. In 1994 she took the helm of chairman and CEO of Elektra Entertainment Group, making her the only African-American and the first woman in the history of the recording industry to earn that title. After her time in EEG’s C-suite, Rhone moved on to become president of Universal Motown Records. She departed in 2011. Her new label, which she is currently working on, will be overseen by Epic chief, L.A. Reid.