1987 – Black Enterprise
Black History Month 2023 Timeline

1987


1987

Clifton Wharton, Jr. becomes the first Black CEO of one of the nation’s largest publicly traded corporations when he is appointed to the helm of TIAA-CREF, which managed the world’s largest pension funds. His milestone achievement paved the way for more than 30 Black executives to reach that corporate milestone within a 35-year span.


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