Two pioneering Black CEOs have a warning for companies abandoning diversity | CNN Business

New York CNN  — 

Ken Frazier grew up in a poor Philadelphia neighborhood as the son of a janitor and grandson of a man born into slavery. He rose to the heights of corporate America as CEO of Merck from 2011 to 2021, becoming the first Black chief executive of a major pharmaceutical company.

Ken Chenault, the CEO of American Express from 2001 to 2018, became just the third Black CEO of a Fortune 500 company in history at the time he took over.

The two pioneering business leaders told CNN in an interview that

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