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Monday, May 25, 2009

First black female CEO of Fortune 500 Co (Ever?!)

Xerox recently made Ursula Burns their CEO. According to the Wall Street Journal, that makes here the first African American woman CEO of a company in the Fortune 500 of largest corporations in the U.S. (article at

I don't know whether to celebrate this milestone, or cry at the news that a black woman, until now, has NEVER, EVER headed a top 500 outfit. I mean, black women are, what at least 5.5% of our population. So, all things being equal, if it were equally distributed, you'd figure about 27 or 28 of the 500 would have African American women as CEOs at any given time. Guess we got a ways to go before we achieve racial equality, eh? And gender equality, too. The article reports that when Burns succeeded her mentor, Anne Mulcahy, it was also the first time, EVER, that one woman succeeded another n heading a Fortune 500 company. So, like, that happens about 100 times a year with men, and NEVER BEFORE with woman? Hmmmm.

One last thing. The article mentions that Burns grew up in public housing in New York City. Her life story would make a great book or movie, it sounds like. Cool.

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