A new study titled “The Face of Corporate America” examines the racial and gender figures for S&P 500 chief executive officers. The analysis was done by MyLogIQ, Public company intelligence provider, and it shows that only 11% of the CEOs among the companies are people of color. The gender figures and figures about female CEOs of color were even worse.
CEOs of color were defined as those who are Latin American, Black, Indian, Asian or of mixed race. Fifty-one were men of color, based on a specific count of the leaders.
Additionally, the analysis showed that only 6% were female. This translates to only four CEOs.
While much of the senior management and many board members at large companies have been mostly white, the research shows the extent to which the problem is pervasive. MyLogIQ examined 504 CEOs (because Alexandria Real Estate Equities, Globe Life, Howmet Aerospace and Synopsis have co-CEOs).
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