The Resurgence of White Male CEOs in Corporate America

Reported about 1 month ago

In 2024, corporate America is witnessing a striking trend towards appointing white male CEOs, reversing gains in diversity seen in prior years. With a record number of CEO departures, data shows that the share of new female CEOs has declined, and the representation of women and people of color in leadership roles remains alarmingly low. Major companies, like CVS and Starbucks, have opted to replace their female and minority leaders with white men, highlighting a retreat from diversity initiatives and signaling that the traditional profile of leadership remains favored.

Source: YAHOO

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