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The 100 Most Powerful Executives in Corporate America

Our nation has officially been in a recession for roughly a year—one already characterized as the most brutal in decades. At press time, 10 million Americans were out of work—6.1% of whites, 11.2% of blacks. Moreover, the financial services and automotive sectors, to name two industries, require billions in taxpayer dollars to stay afloat. Yet in this midst of this strained economy, Black Enterprise has decided to spotlight the extraordinary achievements of a cadre of top professionals—our 100 Most Powerful Executives in Corporate America.

BE Modern Man: Meet “Mr. Empowerment” Vaughn L. McKoy

Name: Vaughn L. McKoy, JD, MBA Age: 48 Profession: Attorney, Speaker, Author, Mentor Social Media: Twitter: @VaughnMcKoy | Facebook: TheMcKoyGroupLLC One Word That Describes You: Authentic   What is your “Extraordinary Impact?” I’m...

Rules of Engagement

“It was very difficult for me to fire people because we are like a ­family here,” says Gregory Cancryn, owner of Payment Transaction Systems in Atlanta. “For me it felt like a personal failure.” Cancryn had been running his 29-employee credit card processing company for 10 years, when in late 2006 he first noticed a decline in consumer spending and the trickle-down effect that it had on his company’s bottom line.

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