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Summary
Summary
The New CEOs looks at the women and people of color leading Fortune 500 companies, exploring the factors that have helped them achieve success and their impact on the business world and society more broadly. As recently as fifteen years ago, there had only been three women CEOs of Fortune 500 companies, and no African Americans. By now there have been more than 100 women, African American, Latino, and Asian-American CEOs of Fortune 500 companies.
Richard L. Zweigenhaft and G. William Domhoff look at these "new CEOs" closely. Weaving compelling interview excerpts with new research, the book traces how these new CEOs came to power, questions whether they differ from white male Fortune 500 CEOs in meaningful ways, asks whether the companies that hired them differ from other companies, and discusses what we can learn about power in America from the emergence of these new CEOs. As Americans continue to debate corporate compensation, glass ceilings, and colorblind relationships, The New CEOs shares information critical to understanding our current situation and looks toward the future in our increasingly globalized world. The paperback edition of The New CEOs features a new Introduction and an updated comprehensive list of new CEOs to date.
Reviews (2)
Booklist Review
Will there ever be a time when color, class, and gender make no difference in the corporation's corner suite? That's not the question Zweigenhalt and Domhoff answer, yet it's one that haunts their book's 216 pages. The treatise itself, because that's exactly what it is, smacks of academia. The writing is prosaic, with few conclusions that bring one up short. Indeed, there should be no surprise at the outcomes after the authors examine the present 74 leaders and their predecessors. Diversity is simply not top priority in the boardroom. Occasional charts and tables break up the density of the text, but more subheads and a sprightlier style would have made this tome infinitely more readable. For more soul-searching research, check the April 2011 Wall Street Journal report on women in business; it's far more revelatory than this book's small sampling.--Jacobs, Barbar. Copyright 2010 Booklist
Library Journal Review
According to Zweigenhaft (psychology, Guildford Coll.; Diversity in the Power Elite: How It Happened, Why It Matters) and Domhoff (sociology, Univ. of California; Who Rules America? Challenges to Corporate and Class Dominance), there are 74 women and people of color who have been at the helm of Fortune 500 companies. This book seeks not to analyze why, but rather to explore the individuals themselves-their backgrounds as well as their impact on the companies they lead. The first chapter is devoted to women CEOs, and subsequent chapters individually address each of the ethnicities (further divided by CEO and heritage).The book's latter part is a comparison between traditional CEOs and companies led by the "new CEOs." Zweigenhaft and Domhoff clearly and concisely profile the CEOs and companies using a combination of biographical and data-driven research. There are no comparable works available. VERDICT This book succeeds at showing the intersection of culture, politics, ethnicity, and feminism through the lens of business diversity studies. An excellent book for scholars interested in data-driven sociology, psychology, and cultural studies relating to business and for readers in the business world.-Poppy Johnson-Renvall, Central New Mexico Community Coll., Albuquerque (c) Copyright 2011. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.
Table of Contents
| Preface | p. vii |
| Introduction to the Paperback Edition, 2014: The Twilight of Corporate Diversity? | p. xi |
| 1 Setting the Stage: The Changing Role of the CEO and the Recent Emergence of Women, African American, Latino, and Asian American CEOs | p. 1 |
| 2 The Women Fortune 500 CEOs | p. 15 |
| 3 The African American Fortune 500 CEOs | p. 31 |
| 4 Going Global: Latino and Asian American Fortune 500 CEOs | p. 51 |
| 5 Where Do They Fit in the Corporate Elite, and How Do They Compare with White Male CEOs? | p. 79 |
| 6 Why Now, and What's Next? | p. 105 |
| Appendix 1 The New CEOs-through January 15, 2014 | p. 145 |
| Appendix 2 Baby-Faced and More: CEOs and Skin Color | p. 165 |
| Appendix 3 Corporate, Family, and Community Foundations: How the Corporate Pipeline Supports Low-Income Students of Color | p. 177 |
| Notes | p. 191 |
| References | p. 201 |
| Index | p. 219 |
| About the Authors | p. 237 |