Finally, Facebook has added one of the nation’s most prominent black leaders to their board of directors.
American Express’ Kenneth Chenault has just been added to the board, making him the first African-American leader among the all white board.
In a statement, Facebook CEO Mark Zuckerberg said,
“I’ve been trying to recruit Ken for years. He has unique expertise in areas I believe Facebook needs to learn and improve — customer service, direct commerce, and building a trusted brand.”
“Ken also has a strong sense of social mission and the perspective that comes from running an important public company for decades.”
It was announced in October 2017 that Kenneth Chenault would retire as chairman and CEO of American Express on February 1st, making it a 16-year run.
Chenault is a graduate of Harvard Law School and has been with American Express since 1981!
According to The Executive Leadership Council, African-American men hold 5.6% and African-American women hold 2.2% of board seats at Fortune 500 companies.
CEO of the council, Ronald C. Parker had this to say about Chenault’s retirement,
“While we are excited about his success, we are also alarmed and disappointed that we have lost another iconic leader of a Fortune 500 company who is a black CEO.”
Congratulations Kenneth Chenault for continuing to pave the way for many young leaders!
FEATURED IMAGE: Shutterstock