A paper by Richie Zweigenhaft, Charles A. Dana Professor of Psychology, is now available on the Who Rules America? website.
The paper, presented at the annual meeting of the American Sociological Association, serves as the basis for a new introduction to the forthcoming paperback edition of the book Richie wrote with University of California, Santa Cruz, faculty member G. William Domhoff, The New CEOs: Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies, due out in March (Rowman & Littlefield, 2014).
The book examines the dramatic increase between 2000 and 2011, the year the book was originally published, in the number of “new CEOs” – white women, African Americans, Latinos and Asian Americans – leading Fortune 500 companies. It explores factors in their success and their impact on the business world and society in general.
Richie’s article notes that while the number of white women among “new CEOs” grew dramatically and fairly steadily from four in 2000 to 23 as of mid-January, 2014, the numbers of African American, Latino and Asian American CEOs, while higher than in 2000, have decreased in recent years.
Rakesh Khurana, a professor at Harvard Business School, recently reviewed The New CEOs in the journal Contemporary Sociology, describing the book as “excellent” and the research as “meticulous.” He writes, “The book builds on the authors’ earlier works on diversity among elites and the combined results are fascinating, the sociological processes even more so.”
He concludes his review with this: “At a time when inequality in theUnited Stateshas never been higher and the political implications never more discussed, the authors’ theoretical insights are fresh and original and their findings are timely and important.”