John W. Rogers Jr. is leaving Nike's board after eight years and will stay on as a strategic advisor
Ariel Investments founder John W. Rogers Jr. will retire from Nike's board at the September 2026 annual meeting after eight years of service.
black executives
Thasunda Brown Duckett is managing $1.5 trillion at TIAA and she is trying to fix America's broken retirement system
Thasunda Brown Duckett is managing $1.5 trillion at TIAA and leading a push to fix America's $4 trillion retirement savings gap one annuity at a time.
Black executive Marvin Ellison leads Lowe’s expansion with $8.8 billion FBM purchase
The move reflects Ellison’s push to strengthen Lowe’s footprint and deliver stronger earnings.
Black executive Marvin Ellison gains $25 million from Lowe stake
Lowe’s CEO Marvin Ellison gains $25 million as the company’s stock jumps 16% on the NYSE, boosting his stake to $187 million.
Lowe’s led by Marvin Ellison completes $1.33 billion acquisition of Artisan Design
Lowe’s finalizes $1.33 billion Artisan Design deal to strengthen Pro services and capture growth in the $50 billion interior finishes market amid a U.S. housing boom.
Eaton posts $6.4 billion in Q1 sales as Craig Arnold plans retirement
Eaton posts record $6.4 billion Q1 2025 sales as CEO Craig Arnold prepares to retire, driven by 9% organic growth in core segments despite global headwinds.
Mike Tyson named CEO of Las Vegas cannabis company
Boxing legend Mike Tyson takes the helm as CEO of Las Vegas-based Carma HoldCo.
One of America’s richest Black CEOs sees $46.7 million drop in Eaton stake
Over the past 23 days, the market value of his holdings has dropped by $44.86 million as investors pulled back from the stock.
One of America’s richest Black executives leads Eaton to $24.9 billion sales in 2024
This was driven by robust organic sales, particularly within the company’s Electrical Americas, Electrical Global and Aerospace segments.
Craig Arnold makes $69.1 million from Eaton stake in 2024
Eaton CEO Craig Arnold’s 0.14% stake, equivalent to 737,044 shares, has surged by $69.14 million amid a stock rally in 2024.
Lowe’s launches $2.5-million relief fund for small businesses in Western North Carolina
Lowe's introduces $2.5 million initiative to expedite recovery for small businesses impacted by Hurricane Helene.
Marvin Ellison’s Lowe’s shares dip below $200 million
This decline contrasts with a previous gain of $30.1 million between Sept. 6 and Oct. 18.
Lowe’s Chief Marvin Ellison sees stake rise above $210 million
Marvin Ellison, one of the few Black CEOs on the Fortune 500 list, owns 748,000 shares of Lowe’s.
Black executive Kenneth Frazier gains $4 million from Merck stake in 29 days
Frazier, who ranks as one of America’s top Black executives, holds a minority stake of 0.028-percent stake in Merck & Co. with a present value of $92.30 million.
Top Black CEO Marvin Ellison loses $4.6 million from Lowe’s shares
This recent setback comes on the heels of a previous surge in Ellison’s wealth between Feb. 20 and April 1, when his stake in Lowe’s increased by $6.63 million.