Ursula Burns became the first Black woman CEO of a Fortune 500 in 2009, says ‘Being in the the minority can be a career advantage’
Ursula Burns became the CEO of Xerox in 2009, but at first she didn’t consider the achievement an historical moment. Until she start getting calls from Magic Johnson, Al Sharpton, and notable people.
Then she found out she was the first Black women CEO of a Fortune 500 company in the history of the U.S. Burns told CNBC she didn’t mind being the only Black woman in the room and even though of it as an advantage.
“My natural comfort is being the only or the few in a room – I was always a little bit of a loner, so it didn’t bother me.” Burns said. “I became very good at playing in that space.”
In 2022, women make up less than 10 percent of Fortune 500 CEOs and women of color make up less than two percent of CEOs. As of now, two Black women CEOs in the U.S., Rosalind Brewer, the CEO of Walgreens Boots Alliance and Thasunda Brown Duckett, the CEO of TIAA. A few things that helped Burns to a CEO position were a strong work ethic, a desire to solve almost any problem, and being a minority, which she feels was more of an advantage than a disadvantage.
“If I had an idea, people would listen. They may not always comprehend it or agree, but being the minority turned out — at least, at Xerox — to be an advantage,” Burns said.
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