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There Will Only Be 4 Black Fortune 500 CEOs When Kenneth Chenault Leaves American Express

 

The list of Fortune 500 CEOs has never been more diverse, but it was set to take a major hit in one key demographic after American Express Co. Chief Executive Officer Kenneth Chenault announced on Wednesday his plans to leave his position early next year. By departing American Express, Chenault will leave behind just four Black CEOs of Fortune 500 companies.

By the time his February 1, 2018, departure date rolls around, Chenault will have led American Express for 16 years.

Amex Announces Stephen J. Squeri to Succeed Kenneth I. Chenault as Chairman and Chief Executive Officer https://t.co/wF6MeIU7So #amexnews

— American Express (@AmericanExpress) October 18, 2017

“We’re starting a new chapter from a position of strength and this is the right time to make the leadership transition to someone who’s played a central role in all that we’ve accomplished,” Chenault said in a brief statement on Wednesday.

Consistently ranked as one of the top CEOs in America, an increasingly tough feat considering that 70 percent of senior executives in America are White men, according to Fortune. In fact, if the trend keeps up, which is all but promised, not even 1 percent of Fortune 500 companies will have a Black leader.

There have been a couple of recent resignations of Black CEOs, which decimated the already thin ranks of Black chief executives: Ursula Burns left her CEO perch at Xerox earlier this year and Roger W. Ferguson Jr. led Delphi for eight years before stepping down in 2015.

Below is a look at the last of a dying breed — the country’s remaining Black CEOs of Fortune 500 companies.

Rosalind Brewer, Starbucks
Brewer is the newest, and the only woman, of the Black Fortune 500 chief executives. She assumed her position a little more than two weeks ago on Oct. 2.

.@Starbucks names Rosalind Brewer group president and chief operating officer https://t.co/U1epTXV9Ab pic.twitter.com/lbDyEoU2f1

— Starbucks News (@Starbucksnews) September 6, 2017

Arnold W. Donald, Carnival Corporation & plc
Carnival’s president and chief executive officer has led the tourism company since 2013. But his future at the company was unclear after he reportedly sold nearly 91,000 shares of Carnival

Read more: https://newsone.com/3753866/kenneth-chenault-black-ceo-american-express-fortune-500-company/

Judge Slaps Down Cleveland Firefighter’s Discrimination Suit

A racial discrimination lawsuit didn’t turn out well for a Black Cleveland firefighter, nicknamed “the most prolific shift-trader” by some and “the time bandit” by others.

So far, Calvin Robinson’s attorney has not hinted at their next move.

Final Cleveland firefighter Calvin Robinson pleads guilty to shift trade-related charge http://t.co/DZzxXteLg9 pic.twitter.com/3td7HRK0qP

— Rachel Dissell (@RachelDissell) April 10, 2014

Cleveland.com reports that U.S. District Judge Christopher Boyko tossed Robinson’s lawsuit on Friday, which alleged that he was fired for abusing a shift-trading system while White firefighters also guilty of abusing the system received suspensions.

The news outlet said the Cleveland Fire Department once permitted shift-trading, but the hours were supposed to be paid back within a year.

Live5news.com reported that Robinson was one of the 13 firefighters Cleveland charged with a third-degree felony of theft in office and first-degree misdemeanor receiving improper compensation.

The prosecutor said Robinson, 55, was the biggest offender, collecting his $53,890 salary plus $27,000 in benefits each year while missing more than 8,456 hours of work (the equivalent of more than three years) between 2006 and 2011.

During the on-duty time he traded—but didn’t pay for—Robinson, a 23-year veteran of the Cleveland Fire Department, juggled jobs as a substitute teacher and assistant football coach. He also operated a childcare center.

Robinson pleaded guilty in 2014 to misdemeanor complicity to receive unlawful compensation. He filed the lawsuit after losing an arbitration hearing over getting fired.

In ruling against Robinson, Boyko underscored that he worked only 32 hours between January 1, 2009 and July 21, 2011.

The judge said race had nothing to do with the reason Cleveland fired him. Rather, it had everything to do with the extent to which he abused the system, noting that the next closest offender owed 5,308 hours—half the amount of time Robinson owed.

SOURCE: Cleveland.com, Live5News.com

SEE ALSO:

Now You Know: It’s A Mistake To Give Black Colleagues A Watermelon As A GiftRead more: https://newsone.com/3753870/judge-tosses-cleveland-firefighter-discrimination-lawsuit/

Really California Restaurant Caught Reselling Popeyes Fried Chicken

The signature fried chicken at Sweet Dixie Chicken in Long Beach, California, is, well, not really homemade, but Popeyes, according to Fox Los Angeles.

The owner of Sweet Dixie made a statement on Facebook (because that’s the perfect place to make a statement in 2017, right?) after getting called out, not to apologize but to throw other businesses under the bus claiming it too sells pre-made products!

The food scene in Long Beach has to be in ruins, and only Vince Staples can solve this. Let this be a lesson to all the other charlatan restauranteurs out there: cook your own chicken.  And if you don’t, well, at least go to Church’s. No one knows what its chicken tastes like.

SOURCE: Fox 11 Los Angeles

SEE ALSO:

Rhode Island Firefighter Axed After Racist Fried Chicken Remark

NYC Pizzeria ‘Pic-A-Nika’ Topped With Southern-Fried Chicken And Watermelon

 

[ione_media_gallery id="2654383" overlay="true"]

Read more: https://newsone.com/3753835/sweet-dixie-fried-chicken-popeyes/

72 Million Award Dismissed In Johnson Johnson Baby Powder Cancer Death Suit

 

In a major blow to a family who lost a loved one, an appeals court on Tuesday vacated a $72 million award to a woman who alleged that Johnson & Johnson’s talcum products contributed to her ovarian cancer, according to The Associated Press.

The decision by the Missouri Eastern District Court of Appeals, determined that the case was filed in the wrong jurisdiction, raising questions about awards in similar cases, the report said.

Jacqueline Fox, 62, of Birmingham, Alabama, who died in 2015, alleged that the baby powder she used for feminine hygiene for about 25 years contributed to her cancer, the news outlet wrote.

She died four months before her case went to trial in St. Louis Circuit Court, the report said, but a jury awarded the family $10 million in damages and $62 million in punitive damages, representing the first award in the procession of lawsuits against Johnson & Johnson.

The appeals court ruled Tuesday that Missouri was not the correct jurisdiction for the suit, citing a Supreme Court ruling in June that set limits on jurisdictions for injury lawsuits. The Supreme Court determined that courts cannot hear claims “against companies not based in the state where alleged injuries occurred,” The AP wrote.

Johnson & Johnson, which faces 1,000 lawsuits, is based in New Brunswick, New Jersey. A company spokeswoman told The AP that executives are pleased with the ruling and plan to move forward with the appeals process in other cases.

Jurors have awarded an estimated $300 million in four of five trials help up to now, The AP noted. The International Agency for Research on Cancer classifies genital use of talc as “possibly carcinogenic.”

SOURCE: The Associated Press, The Chicago Tribune, 

SEE ALSO:

Meet Frederica Wilson, The Latest Powerful Black Woman To Challenge President Trump

Blessing In Disguise: Sophie Okonedo Failed Harvey Weinstein’s ‘Fu**ability’ Test

 

[ione_media_gallery id="3438555" overlay="true"]

Read more: https://newsone.com/3753810/johnson-johnson-baby-powder-72000000-lawsuit/

Here’s How To Help The Widow And Children Of Sgt La David Johnson After Niger Ambush

 

Throughout all of terrible twists and turns of the ordeal surrounding the president’s delayed – and then insensitive – response to a group of U.S. military commandos being killed abroad, some good news has emerged. The children of fallen soldier and Army Sgt. La David Johnson will have their educations paid in full, if the progress of a new crowdfunding campaign was any indication.

READ MORE: Trump Denies Telling Widow Of Fallen Soldier He Knew ‘What He Signed Up For’

A GoFundMe account was started by a mentoring program in Johnson’s hometown of Miami that was founded by U.S. Rep Frederica Wilson, who has known Johnson’s family for decades.

Here's a little bit about Sgt. La David Johnson, one of the 4 US servicemen killed in Niger https://t.co/mzaX1ZwMLn

— Meg Wagner (@megwagner) October 18, 2017

The funds will be given to Johnson’s widow, Myeshia Johnson, the mother of their two children who is also six months’ pregnant with their third. She was thrust into the spotlight late Tuesday night after it was reported that President Donald Trump’s call of would-be condolences included him saying her late husband “knew what he was signing up for.” Trump also reportedly didn’t know Johnson’s name.

Nearly $400,000 of the campaign’s $1 million goal had been pledged as of early Wednesday afternoon, just about 24 hours after it was started.

Procession for Miami native Army Sgt. La David Johnson killed in Niger ambush, arriving at funeral home @WPLGLocal10 pic.twitter.com/2KepNqCwf1

— Christian De La Rosa (@ChristianWplg) October 18, 2017

“The 5000 Role Model of Excellence Project, is establishing a Role Model Army Sgt. La David T. Johnson Scholarship to benefit his children by providing money towards their college education,” the GoFundMe page said in part. “We are asking you to donate to this worthy cause. Please, donate generously today.”

Trump called Wilson a liar after the congresswoman announced the president’s callous call to Johnson’s widow. The claims sparked Trump’s latest Twitter storm that may be an intentional distraction from the investigation into Russian collusion with his presidential campaign that has been picking up

Read more: https://newsone.com/3753821/la-david-johnson-trump-controversy-update-fund-raiser-niger-ambush/

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