In 1987 Clifton Reginald Wharton, Jnr became the first African-American to become Chairman and CEO of a Fortune 500 company (TIAA-CREF).
According to a study by Carola Frydman of MIT, there has been a rapid increase in the share of MBA graduates acting as CEOs; from approximately 10% of CEOs in 1960 to more than 50% by the end of the century.
According to a study by Carola Frydman of MIT, there has been a rapid increase in the share of MBA graduates acting as CEOs; from approximately 10% of CEOs in 1960 to more than 50% by the end of the century.
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