The New CEOs
Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies
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About the author
Richard L. Zweigenhaft is Charles A. Dana Professor of Psychology at Guilford College.
G. William Domhoff is Distinguished Professor Emeritus and Research Professor at the University of California, Santa Cruz.
Over the past three decades, the authors have written a series of books together, including Blacks in the White Elite and Diversity in the Power Elite.
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.
Rowman & Littlefield Publishers
; July 2011
216 pages; ISBN 9781442207677Read online
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Title: The New CEOs
Author: Richard L. Zweigenhaft; G. William Domhoff
In the press
The New CEOs provides very valuable information for those with interests in inequality and diversity. The careful research that Zweigenhaft and Domhoff have provided in their body of work on how the power elite has been changing, from attendees at elite private schools, to membership on key policy boards and on boards of directors of major corporations, and now to appointment as CEO of the nation’s largest corporations, has provided a wealth of information that helps us interpret trends and draw conclusions about social processes. This book is especially noteworthy because it not only provides the descriptive information about who has reached these positions and what their individual stories entail, but it also asks and endeavors to answer whether having diversity at the highest level of corporations makes a difference and whether we can expect for the trends to continue. The book is thorough, drawing from multiple sources of data to provide a profile of the new CEOs, to document the pathways that led them to the top jobs in major companies, and to compare them with white men who have otherwise held these positions. The analysis also compares the performance of these CEOs with those in comparable companies. All around a useful and important contribution to the literature on inequality and diversity.