Race in Corporate America
A discussion of the success of Kenneth Chenault, CEO of American Express and the effect of his African-American race during his rise to power.
# 103144 | 1,940 words | 6 sources | MLA | 2008
Published on Apr 23, 2008 in History (Leaders) , Business (Management) , African-American Studies (Racism)
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This paper discusses the role that race and gender play in reaching top management positions within organizations. It looks at the changing trend of discrimination within corporate America. The paper focuses on the qualities of Kenneth Chenault, CEO of American Express and the effect that being African American may or may not have on the high level of leadership that he has achieved.
From the Paper:"U.S. News and World report describes Chenault as an affable and integrity filled executive (Farrel 72). Born on Long Island on June 2, 1951, Mr. Chenault joined American Express over twenty (20) years ago. Chenault spent many of his years in service to American Express climbing the corporate ladder. Before becoming the company's CEO he held a variety of senior posts, including a four-year run as chief operating officer. Chenault joined the company in 1981 as its Director of strategic planning. In 1989, he was named president of American Express' Consumer Card Group. During his reign, he oversaw increased sales in the faltering merchandise services and increased circulation in the company's charge card divisions. In 1993, he was named the president of American Express Travel related services. Two years later, he became vice chairman of the entire company and in 1997, he was named president and COO."
Sample of Sources Used:
- Byrne, John A., and Heather Timmons, "Tough Times for a New CEO," BusinessWeek, October 29, 2001, p. 64.
- Farrel, Greg, "A CEO and a gentleman," U.S. News and World Report, April 24, 2005, p. 62 - 80
- New York Voice Inc./Harlem USA, May 22, 2002, p. 19.
- Pierce, Ponchitta, "Kenneth Chenault: Blazing New Paths in Corporate America," Ebony, July 1997, p. 58.
- Schwartz, Nelson D., "What's in the Card for Amex? New CEO Ken Chenault Has No Shortage of Plans for American Express," Fortune, January 22, 2001, p. 58.
Cite this Term Paper:
Race in Corporate America (2008, April 23) Retrieved February 05, 2023, from https://www.academon.com/term-paper/race-in-corporate-america-103144/
"Race in Corporate America" 23 April 2008. Web. 05 February. 2023. <https://www.academon.com/term-paper/race-in-corporate-america-103144/>