Women run 11% of companies on the 2025 Fortune 500 list. This marks a historic moment, as the number is over 10% for the first time, as stated by Fortune. In 2023 and 2024, 52 female CEOs led Fortune 500 companies, but this number increased to 55 in 2025. However, only two of these woman are Black. For 71 years, the Fortune 500 has ranked the largest US companies by revenue. In 2025, the companies that comprise the Fortune 500 are expected to represent $19.9 trillion in revenue, accounting for two-thirds
In recent years, the African tech startup ecosystem has seen steps towards greater gender diversity a new report has found. The report by Disrupt Africa, in partnership with the Africa-focused pre-seed investment program Madica, reveals these advancements while underscoring the need for more substantial efforts to achieve gender parity. Slow but Steady Progress Disrupt Africa’s latest publication, the 24th report and second edition of “Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem,” offers an analysis of gender diversity among African startups. This report includes both quantitative and qualitative
Mellody Hobson’s rise to co-CEO of Ariel Investments, a history-making firm with over $14.9 billion in assets, is a tale of ambition, foresight, and resilience. Meet Mellody Hobson In 1991, as a student at Princeton, Hobson was on the brink of launching her career in the high-stakes world of finance. With offers from major New York City firms in hand, she found herself in a moment of reflection in the basement of the then Woodrow Wilson School. It was then that she made a pivotal decision. “And I thought, ‘What am I
Toni Townes-Whitley officially became CEO of Science Applications International Corp (SAIC) yesterday, making her one of two Black women currently running a Fortune 500 company. SAIC provides engineering, digital, artificial intelligence and mission solutions across the defence, space, civilian and intelligence markets. In May, the company announced Townes-Whitley would take over from Nazzic Keene, who decided to retire Townes-Whitley joined SAIC on June 12 to ensure a seamless transition as CEO-elect. Keene has become Special Executive Advisor to Townes-Whitley and the company until February 2024. Toni Townes-Whitley – The CEO
Walgreens Boots Alliance has announced the departure of its CEO, Rosalind Brewer. According to Bloomberg, Brewer was the sole remaining Black female CEO of an S&P 500 company; the last Black woman to lead an S&P 500 company was Ursula Burns, who left Xerox in 2016. Like many retailers, Walgreens faced challenges this year as the demand for COVID-19 testing and vaccines declined, and retail sales experienced a slowdown. Brewer’s departure is part of the company’s transition into a healthcare company instead of a drugstore. According to CNBC, shares of
