Business

Business

Meet Bernard J. Tyson, Kaiser Permanente’s first Black CEO who nearly doubled company revenue in six years

In 2013, when Bernard J. Tyson assumed leadership at Kaiser Permanente, the healthcare organization boasted a subscriber list of 9.1 million and a workforce of 174,000. However, by the end of his tenure in 2019,…

By Solomon Mensah November 30, 2023
Business

NBA legend Earvin Magic Johnson officially joins the ‘Billionaires Club.’ Here is how he built his $1.2 billion empire

Earvin ‘Magic’ Johnson Jr., the iconic NBA point guard often hailed as the greatest in his position, has achieved an extraordinary milestone by joining the exclusive ranks of billionaires globally. This accomplishment solidifies his status…

Business

Meet Rashida Jones, the first Black executive to lead a major television news network

Rashida Jones, who has served as the president of MSNBC since 2021, has become a trailblazer in the media industry, marking a historic achievement as the first Black executive to lead a major television news…

Business

Meet Calvin G. Butler Jr., CEO of America’s largest utility company with $20B in annual revenue

Calvin G. Butler Jr. is the President and CEO of Exelon, where he oversees a network of six local electric and natural gas companies. These entities form the nation’s largest utility company by customer count,…

By Preta Peace Namasaba November 11, 2023

More in Business

Business

Twice-homeless millionaire Dean Forbes tops UK Black Power list

Dean Forbes, once a homeless teenager in a rough South London estate, has been named the most influential Black Briton on the Powerlist 2025, a prestigious ranking celebrating the top Black role models in the…

By Kweku Sampson November 1, 2024
Business

How Dr. Kofi Smith, an aspiring NFL player became president and CEO of the world’s busiest airport

Hartsfield-Jackson Atlanta International Airport – named after Maynard Jackson, the first Black mayor of Atlanta and of any major city in the South, is the busiest and most efficient airport in the world. It generates…

By Preta Peace Namasaba October 26, 2024
Business

Here’s why the country’s largest Black-owned construction firm turned down early investment offer from Michael Jordan

Michael Jordan’s extensive investment portfolio has seen him back numerous ventures, but one offer he made didn’t go as planned. In the early 1990s, C. David Moody Jr., founder of the largest Black-owned construction management…

By Kweku Sampson October 25, 2024
Business

Microsoft’s Pam Maynard named 2024 Black British Business Person of the Year

Pamela Maynard, Microsoft’s Chief AI Transformation Officer for Customer and Partner Solutions, has been named the 2024 Black British Business Person of the Year at the Black British Business Awards (BBBA). Now in its 11th…

By Kweku Sampson October 24, 2024
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