Citizens Bank Offers Student Borrowers a Chance to Refinance at Lower Rate
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Unduplicated Success
In July 2009, Ursula M. Burns was named CEO of Xerox Corp., becoming not only the first African American woman to run one of the largest publicly traded companies, but also being placed among the world’s most influential chief executives, male or female. This event may have signaled the beginning of a new era for black female representation in Corporate America.
Syncom’s New Frontier
It was one of the biggest deals that almost didn’t happen. As part of an investment team, Syncom Venture Partners (No. 8 on the be private equity firms list with $410 million in capital under management) was negotiating with telecommunications giant Motorola Inc. to acquire its satellite subsidiary, Iridium L.L.C. As the parties hammered out the details, a technician at Iridium’s Tempe, Arizona, operations center stood ready to begin the process of bringing the $5 billion constellation of satellites—orbiting at an altitude of 483 miles—into the Earth’s atmosphere to destroy them.
‘Innovate or Die’: Retiring AmEx CEO Ken Chenault Shares Leadership Lessons In Exclusive Interview
For more than 30 years, BLACK ENTERPRISE has covered the ascent of Kenneth Chenault at American Express, from managing its $315 million merchandising unit...
Down for the Count
For every legendary pugilist, there’s a string of would-be challengers who never reach boxing greatness. In many cases, these palookas lack the strategem or killer instinct that separates mediocrity from...