Transcript for By the Numbers: Citi names first female CEO of a major bank
City group made history today by announcing Jane Frazier as its next CEO shall become the first woman to ever lead a major Wall Street bank. And one of the very few female fortune 500 chief executive officers pushed for us to take a look by the numbers it just who's running America's largest companies. With the addition of Frazier 39 women now lead fortune 500 company that's the highest number on record. But of course that's out of 500 companies which means only seven point 8% of America's largest corporations are run by women. And only five of these companies have black CEO as a paltry 1%. None are led by black or Latino women. How powerful are these fortune 500 companies we'll together. They represented two thirds that's 66%. Of the entire US economy and bring in a combined. Fourteen point two trillion. For the capital teeth in revenue.
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