top of page

Disproportionate Representation of Black Women in the Fortune 500

By: Jennylyn Mañaga

Let’s talk about numbers.


As of March 2022, a new record was set. 74 female CEOs featured in Fortune 500, an annual list of America’s highest-grossing companies. However, as this number might seem high, this only represents 15% of the country’s biggest public businesses.


But did you know there are only two Black women out of 74 women in the Fortune 500 CEOs? Rosalind Brewer – The CEO of Walgreens Boots Alliance and Thasunda Brown Duckett – The CEO of TIAA (The Teachers Insurance and Annuity Association of America). Only representing 2.7% of the female Fortune 500 CEOs and 0.4% of the list. So what does this mean? This means that Black women are underrepresented in marketing and the business world.


The question comes down to what can YOU do to help change this.

  1. Educate yourself about the Black community; especially the disparities faced by Black woman owned businesses.

  2. Hire more Black people, specifically women.

  3. Support Black-owned businesses ; big and small.

  4. Invest within the Black women businesses you support.

  5. Share it within your circle. Spread the word.


Here’s a link to a directory where you can support professional business women, owners and men who support. And if you have a business, you can promote it in our directory!




Sources:

Buchholz, K., & Richter, F. (2022, March 8). Infographic: Only 15 percent of CEOS at fortune 500 companies are female. Statista Infographics. Retrieved February 16, 2023, from https://www.statista.com/chart/13995/female-ceos-in-fortune-500-companies/

Campen, K. (2022, January 20). The only one in the room: Being a black woman in marketing. Vuture. Retrieved February 16, 2023, from https://vutu.re/blog/the-only-one-in-the-room-being-a-black-woman-in-marketing/

How many fortune 500 CEOS are women? and why so few? - the quantic blog. Quantic School of Business and Technology. (2022, January 21). Retrieved February 16, 2023, from https://quantic.edu/blog/2021/12/06/how-many-fortune-500-ceos-are-women/#:~:text=With%20two%20Black%20women%20running,of%20female%20Fortune%20500%20CEOs.




Recent Posts

See All
bottom of page