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.
black executives
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.
One of America’s richest Black CEOs, Craig Arnold loses $6.2 million from Eaton stake
The market value of Arnold’s stake in the company has declined by $6.21 million over the past eight days, dropping from $170.89 million on April 5 to $164.68 million.
Walgreens records $5.9-billion loss after departure of Black exec Roz Brewer
The unexpected loss primarily resulted from a $5.8-billion after-tax non-cash impairment charge related to VillageMD goodwill, an investment initiated during Brewer’s tenure.
Black CEO Russell Stokes earns $6.8-million salary from GE Aerospace in 2022
Stokes’ 2022 compensation package represents a 5.21-percent increase from the prior year’s salary of $6.52 million.
One of America’s richest Black CEOs, Craig Arnold makes $17 million from stake in Eaton
Arnold, who ranks as one of America’s leading executives, owns a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
4 companies linked to U.S. top Black executive Thasunda Brown Duckett
Duckett’s illustrious career includes transformative roles as the CEO of JPMorgan Chase Consumer Banking.
Black executive Christopher Womack receives $5.7-million compensation in 2022
Christopher Womack, CEO of Southern Company, is part of elite Black executives shaping America’s corporate landscape
Black executive Thasunda Brown Duckett receives $17.5-million compensation in 2022
Thasunda Brown Duckett is one of the world’s leading Black executives and the fourth Black woman to lead a Fortune 500 company