BLACK ENTERPRISE Releases Latest Boardroom Power Report and Exclusive Directory of Black Corporate Directors

NEW YORK, October 26, 2021 / PRNewswire / – BLACK BUSINESS, the #1 black digital media brand, with more than 8 million monthly unique visitors, released its latest exclusive report on African-American representation on the boards of 500 of America’s largest publicly traded companies today today at BlackEnterprise.com.

The media company identifies 399 African American directors at S&P 500 companies, including Citigroup, Walmart, American Express, Salesforce and FedEx Corp., on the BLACK CORPORATE Register of company directors. The register also includes 155 black female directors. Additionally, the report reveals 103 companies, more than 20%, with no African American representation on their boards.

BLACK COMPANY’S the report spotlights prominent African-American directors, including the former CEO of MetricStream Inc. Shellye L. Archambeau, who serves on the boards of Verizon Communications Inc. and Roper Technologies Inc.; and CEO of Park Hotels & Resorts Thomas J. Baltimore, who serves on the boards of American Express Co. and Prudential Financial Inc.

“Our Meeting Room Power Report 2021— with our Register of Corporate Directors — reveals that 79% of S&P 500 companies today have at least one black board member, up from 61% in 2019,” says BLACK CORPORATE CEO Earl Graves Jr. “However, the overall change in the direction of black businesses, for the most part, remains too slow, lukewarm and inconsistent. Claims of corporate commitment to diversity, equity and inclusion ring hollow with the notable absence of black executives or directors engaged in the leadership, governance and direction of large corporations.”

The ledger is taken from the S&P 500 based on market capitalization at September 30, 2021. BLACK CORPORATE compiled the list 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 Executive Leadership Council (ELC), a network of the nation’s highest-ranking African Americans. business leaders.

For the full Power in the Boardroom list and report, go to https://www.blackenterprise.com/2021beregistry/main-registry/.

EDITOR’S NOTE: Interested press should contact Darcel Church at 718-753-3867 or by email at [email protected].

BLACK CORPORATE is the #1 black media brand, with over 8 million monthly unique visitors. Since 1970, BLACK CORPORATE has been the primary business, career, investment, and wealth-building resource for African Americans. BLACK CORPORATE produces video and podcast shows, virtual and in-person business and lifestyle events, other digital media. Visit www.blackenterprise.com for more information.

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SOURCE Black Business

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