Report Lists 308 Black Corporate Directors of America's 500 Largest Public Companies, Identifies 187 Corporations with No Black Directors

Report Lists 308 Black Corporate Directors of America's 500 Largest

Public Companies, Identifies 187 Corporations with No Black Directors

Black Enterprise (BE) has released its latest exclusive report on African American representation on the corporate boards of 500 of America's largest publicly traded companies today at BlackEnterprise.com. The media company identifies 308 African

American directors at S&P 500 companies, including JPMorgan Chase & Co., Prudential Financial Inc., ExxonMobil, and FedEx Corp., on the BLACK ENTERPRISE Registry of Corporate Directors. In addition, the report reveals 184 companies with no African American representation among their boards of directors.

Black Enterprise’s report spotlights prominent African American directors including Estée Lauder Cos. Inc. EVP and CFO Tracey T. Travis, who serves on the board of Accenture PLC, and Adtalem Global Education Inc.'s President and CEO Lisa W. Wardell, who serves on the board of Lowe's Cos. Inc.

"It's been six years since we began producing our annual report on boardroom power, representing our scorecard on diversity at the highest levels of corporate America," said Earl "Butch" Graves Jr., CEO and president of Black Enterprise. "As such, we present the Black Enterprise Registry of Corporate Directors—our exclusive bench, if you will, of power hitters who sit on the boards of the nation's largest publicly traded corporations."

The registry is drawn from the S&P 500 based on market capitalization as of May 4th, 2018. Black Enterprise compiled the listing by reviewing proxy statements and annual reports, as well as contacting investor relations departments, corporate governance experts, and organizations such as the Black Corporate Directors Conference and the Executive Leadership Council (ELC); the latter is a network of the nation's most highly

ranked African American corporate executives.

For the complete list and the full report of "Power in the Boardroom.” Visit www.blackenterprise.com for more information.

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