Black C-Suite execs are persisting despite corporate DEI rollbacks

Historically marginalized in top-tier executive roles, Black individuals are now making significant strides, breaking through barriers and reshaping the narrative of corporate America. While there are only a handful of Black CEOs at Fortune 500 companies, there has been a marked increase in other C-level positions within these organizations. This surge in Black C-suite leadership not only reflects progress toward diversity and inclusion but also underscores the immense talent and potential within the Black community. The killing of George Floyd and the subsequent social justice movement served as a pivotal moment for many across the nation, including top companies. The tragedy sparked heightened awareness and spurred positive change in corporate America. A 2023 survey of Black executives conducted by CNBC, in partnership with the Executive Leadership Council, found that 74 percent of Black executives observed a positive change in the hiring, retention, and promotion of Black employees since Floyd’s death in May 2020. Moreover, 80 percent reported that their companies have increased support and attention to employee resource groups. These findings suggested a promising shift towards greater inclusivity within corporate structures. One of the most remarkable figures in this movement is Rosalind Brewer, whose appointment as CEO of Walgreens Boots...