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Starbucks' First Minority CEO Laxman Narasimhan Shares A Few Key Ingredients To His Recipe For Success

Some would argue that how a person starts the day is a critical process for overall productivity. Whether it’s a gym routine or roasting your favorite coffee blend, the morning typically sets the tone for how people kick off their day. Starbucks’ new CEO Laxman Narasimhan begins his busy days by delaying his morning brew and opting instead to start with a moment of reflection through meditation. Narasimhan’s future plans for the global coffee brand include more than his approach to each day. He intends to fully immerse himself in the organization’s inner workings to “earn his green apron.”

Apr 25, 2023

Elon Musks Asks If He Should Step Down From Twitter, Then Snoop Dogg Asks, 'Should I Run Twitter?'

On Dec. 18, Elon Musk asked users if he should step down as the head of Twitter via a poll, and Snoop Dogg asked if he should step up.

Dec 19, 2022

Op-Ed: Why Showing Up Is Just As Difficult As Raising Capital For Black Founders

Solo Ceesay is the CEO & Co-Founder of Calaxy. — Since I was a boy, I wanted to be a successful businessman. I vividly remember trying on my father’s oversized pastel suits, donning the ubiquitous business look of any dapper-dressed African man of the ’90s. Even before I could form full sentences, I was primed and driven to work in business. With motivation and determination aplenty, my actions were encouraged by relentless sideline cheering from my mother yelling, “You’re a king, Solo!” Just over a year ago, I took a bet on myself. A bet that a then-26-year-old Black kid could make something out of nothing. And while you could call this journey just about everything but easy, the reality is that raising $26 million with Calaxy was the easy part. The sacrifices I’ve made, the friends I’ve lost, the lack of idols to look up to, and making the decision to take a nose dive into a world of uncertainty are all invariably more difficult for those who look like me. From having to...

Jul 29, 2022

Jack Dorsey Steps Down As Twitter's CEO, 'I'm Really Sad...Yet Really Happy'

Jack Dorsey announced on Twitter Monday that he is resigning as CEO of the social networking company after nearly 16 years. not sure anyone has heard but, I resigned from Twitter — jack (@jack) November 29, 2021 Dorsey has been leading Twitter in various roles since the social media giant was founded in 2006. He went from co-founder to CEO before being pushed out in 2008. Dorsey rejoined Twitter in 2011 as executive chair before taking over as CEO again in 2015. Twitter’s CTO Parag Agrawal has been named Dorsey’s successor, effective immediately, and Bret Taylor, Salesforce President, COO, and Twitter chairman, has been promoted to Twitter’s board chair. “I want you all to know that this was my decision, and I own it. It was a tough one for me, of course. I love this service and company…and all of you so much. I’m really sad…yet really happy,” Dorsey said in an email he shared on Twitter. “There aren’t many companies that get to this level. And there...

Nov 29, 2021

Daisy Veerasingham To Become The First Woman To Lead The Associated Press In Its 175-Year History

The Associated Press (AP) has a new woman in charge! According to the company, Daisy Veerasingham has been appointed to president and CEO. She will become the first woman to hold the title since AP was first established 175 years ago. A first-generation British national of Sri Lankan descent, Daisy Veerasingham is the first woman, first person of color and first international citizen to lead The Associated Press. — Kat Stafford (@kat__stafford) August 3, 2021 Veerasingham, who is AP’s current executive vice president and chief opertaing officer, will succeed AP President and CEO Gary Pruitt who will remain in the role throughout the end of the year before he retires. “In Daisy Veerasingham we have chosen a proven leader with a deep understanding of how AP operates and a clear vision for the future. She appreciates the crucial role AP plays in providing journalism and services that are indispensable to the news industry,” said Steven R. Swartz, chairman of the...

Aug 4, 2021

Meet the CEO of Winston Engineering Inc, the Only Black-Owned MEP Firm on the West Coast

Anthony Winston III wanted to make a positive impact within the construction industry while also having the ability to spend more time with his family. With that in mind, he created Winston Engineering Inc, a minority-owned business specializing in the design of Mechanical, Electricial, & Plumbing (MEP) Engineering for residential & commercial buildings. Winston’s hard work and dedication have made his firm the only minority-owned MEP business on the West Coast, but it wasn’t easy to do. “My story is fairly similar to a lot of my peers growing up. Not having a father around as much and dealing with broken promises has turned me into the driven individual I am today. I am fiercely loyal and somewhat obsessed with sticking to my word,” he told AfroTech. “Luckily this trend is no longer the case since Black dads – whether they live with their children or not, are more actively involved in their children’s lives than their counterparts of other races.” Despite all of that, he overcame...

10 Black Techpreneurs and Tech Execs to Celebrate

In honor of Black History Month, we here at AfroTech, wish to recognize the efforts of Black scientists, technologists, and entrepreneurs. Throughout history, Black American accomplishments have revolutionized not only our country but the world at large. While there are many more, here are 28 Black pioneers in science, technology, and business today you should know about: Asmau Ahmed, Founder of PlumPerfect     View this post on Instagram   A post shared by The Next IT Girl (@thenextitgirl_) Asmau Ahmed is a Senior Strategist that has led corporate strategy and digital innovation for established and emergent organizations in a number of industries including financial services, and consumer retail.  She thrives on identifying and growing (digital) companies that have the power to transform the way everyday people do everyday things. With experience in both corporate and entrepreneurial leadership, she has honed her skills in assessing the business viability and risk profile and in...

Feb 9, 2021

Here are the Black Billionaires Who Made the 2020 Forbes List

Forbes recently released its 2020 World’s Billionaires List ranking billionaires according to their net worth. While some billionaires remain on top, others saw their ranking drop drastically from the previous year. The list — finalized on March 18 — features 2,095 billionaires. Here are the Black billionaires that made the list representing various countries around the world. Aliko Dangote JEWEL SAMAD/AFP via Getty Images The cement and sugar manufacturing guru from Nigeria landed at No. 162 with a net worth of $8.3 billion. He is not only Africa’s richest man but the world’s richest Black man. As the CEO and founder of Africa’s largest cement producer, Dangote Cement. At 62-years-old, Dangote owns 85 percent of the publicly-traded company. Mike Adenuga Twitter Adenuga is the second richest man in Africa. He ranks at No. 286 with a net worth of $5.6 billion. He secured his wealth through oil and telecom endeavors. At 66-years-old, Adenuga’s mobile communications company, Globacom,...

Apr 14, 2020

Team Engagement May Improve the Profitability of Your Startup If You Consider Following These Tips

The days where employees tiptoe on the outside of the inner circle of highly-ranked executives are long gone. Now, as founders, CEOs, and small business owners, let’s stay true to only being as good as our team by actively engaging with our employees. According to Gallup, employee engagement not only increases company morale but also increases productivity and boosts profitability by 21 percent. To began interacting with your employees, follow the tips below: Don’t Hide in Your Office Many CEOs have an open-door policy, but true employee engagement happens when you actually come out of your office. Sometimes an open-door policy is not enough, and in certain situations, it can be counter-intuitive to the CEO and employee’s relationship. According to CBS News , a Cornell University professor actually thinks an open-door policy could deter employees from communicating with higher-ups. Think about it — who would want to knock on the door of the boss who is rarely seen and gives off an...

Dec 6, 2019

Study Shows There Is Still Little Progress For Women CEOs Across Industries

Getting women into leadership positions has been a long struggle for the United States. According to the Pew Research Center , the Fortune 500 list lacked any women CEOs as recently as 1995. Although there’s been some improvement since then, it’s not enough. PricewaterhouseCoopers (PwC) — an auditing firm — released a 2018 “CEO Success Story” study that found there was little progress for women. Incoming women CEOs only made up 4.9 percent of the share in 2018. “This is down slightly from the all-time high of 6% in 2017, but it continues an upward trend from the low point of 1% in 2008,” the study said. Axios reported that globally, it was developed countries — especially the United States and Japan — who “showed little to no pickup in hiring women for top positions last year.” The lack of women in leadership — whether that is as CEOs or within other top executive positions — has been noted for decades. Although companies continue to struggle with appointing women to these...

May 22, 2019

Bozoma Saint John leaves Uber, will join Endeavor as CMO

Uber confirmed on Monday that Bozoma Saint John stepped away from her role as chief brand officer for the popular ride-sharing brand after about one year. Her next step will be as Chief Marketing Officer at Endeavor, where she will be able to use her knowledge and network connections within both the entertainment and marketing fields. Endeavor is a staple in the entertainment industry, and as CMO, Saint John will work across all of its portfolio companies, including IMG and WME. Saint John told TechCrunch that she wasn’t actively looking to leave Uber, but that Endeavor reached out with an opportunity she didn’t want to let slip by. “Sometimes people think [pop culture] is superficial,” she told Megan Rose Dickey . “These are where the stories that are being told are created. If we can help influence that, then that’s so much better for the entire narrative of what we need to get across.” Saint John joined Uber after her role as head of consumer marketing at Apple. “I want to thank...

Jun 12, 2018