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Women hit the Black ceiling
For decades, Black women have been underestimated and overlooked at the nexus of money and power in corporate America. Ellen McGirt, senior editor and author of Fortune magazine’s Race Ahead column, calls these entrenched patterns of discrimination and exclusion that obstruct Black women s careers the Black ceiling.”
Ursula Burns, the former CEO of Xerox, was the first and only Black woman to run a Fortune 500 company. Today, none of the four Black CEOs running Fortune 500 companies is a woman.
Of the 279 most powerful executives listed in the regulatory filings of the nation’s 50 largest companies, only three, or 1%, are Black women, and that includes one executive who recently retired, according to a USA TODAY analysis.
Will Vice President Kamala Harris change how corporate America sees and treats Black women? Jessica Guynn and Charisse Jones, USA TODAY
Kamala Harris has made history as the first woman elected to be vice president in the US
Replay Video UP NEXT
Wearing a suffragette white suit and pearls in Wilmington, Delaware, Kamala Harris sent a poignant message to Black and brown women and girls in her first speech as vice president-elect.
“While I may be the first woman in this office, I will not be the last,” Harris, the daughter of immigrants from Jamaica and India, said during her victory remarks on Nov. 7. “Because every little girl watching tonight sees that this is a country of possibilities.”
There s a very clear trend that women are having a harder time in the workplace than men, women of color are having a harder work experience than White women and Black women are having sort of the hardest experience overall, Lean In s deputy director of communications, Rachel E. Cooke, tells CNBC Make It.
Below, Cooke, along with several other diversity leaders and experts, breaks down how sexism, racism and a lack of leadership support impact Black women s experiences at work. And, they detail how corporate America s diversity and inclusion efforts fail to make a real difference.
Courtesy Minda Harts
Impact of racial and gender discrimination