There are just four black CEOs running Fortune 500 companies, despite senior black profit and loss (P&L) leaders demonstrating they are among the highest-performing US executives. A report by Korn Ferry said c-suites are failing to nurture a pipeline of black executives, and they make up 80% of senior P&L leaders. Korn Ferry also revealed almost 60% felt they had to accomplish twice as much as their white colleagues, while only around 10% said having a sponsor had been "indispensable" to their careers.
There are just four black CEOs running Fortune 500 companies, despite senior black profit and loss (P&L) leaders demonstrating they are among the highest-performing US executives. A report by Korn Ferry said c-suites are failing to nurture a pipeline of black executives, and they make up only around 10% of senior P&L leaders. Korn Ferry also revealed almost 60% felt they had to accomplish twice as much as their white colleagues, while 80% said having a sponsor had been "indispensable" to their careers.