Top Black CEO Marvin Ellison gains $3.4 million from Lowe’s shares
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.
Ellison, one of the world’s highest-ranking Black CEOs, has been Lowe’s chairman and CEO since 2018.
Ellison is recognized as one of the world’s highest-ranking Black CEOs on the Fortune 500 list.
Ellison’s minority 0.038-percent stake in Lowe’s translates to a total of 224,800 shares.
The newfound representation of Black CEOs is a testament to the progress made in creating a more inclusive business landscape.
In the history of the Fortune 500, there have only been 22 Black CEOs of 1,800.