Sam’s Club CEO Rosalind Brewer will step down after five years.
Ursula Burns, the pioneering and longtime CEO of Xerox, will be stepping down from her position at the end of the year. Burns has worked at the company since 1980. Her resignation leaves the Fortune 500 without a single Black women as CEO. Burns, who was raised in a tough housing project in New York […]
According to the nonprofit research organization Catalyst, there are only 23 female CEOs among Fortune 500 companies. When Burns steps down, there will only be one woman of color among the group.
When Sam’s Club CEO Rosalind Brewer discussed corporate diversity during an interview with CNN’s Poppy Harlow, social media blew up with criticism from White people who believed the Black executive was pushing a racist agenda. We know, however, that a much-needed diversity talk in corporate America will do more good than harm. @michelekirkBPR Time to boycott Sam's. […]
via: cnn.com NEW YORK (CNNMoney) — Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday. Kodak’s (EK, Fortune 500) stock plunged 35% at the start of trading. The New York Stock Exchange suspended trading within a few minutes after the opening bell. Read More