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Burns is the first and only African American woman to ever run an S&P 500 company. They represent less than 10% of managers and a measly 3.9% of executives. (Marvin Ellison, CEO of JC Penney Co.) For much of corporate America, racial diversity continues to be a challenge.

Considering only 15 African American executives have ever made CEO of an S&P 500 company, the departures of Burns and Brewer offers a dismal outlook for African American women in the corporate sector. During an edition of News One Now, host Roland Martin and his panel of guests discussed “what looks to be the end of an era as it relates to African American women running companies in corporate America, what can be done to reverse this trend, and who diversity is actually benefiting.” News One Now panelist Avis Jones-De Weever explained how, saying, “Diversity has now come in practice to mean white women.” The founder of the Exceptional Leadership Institute for Women continued, “If you specifically look at who are CEOs in America and Fortune 500 companies since between 20, we’ve seen an increase of white women CEOs of Fortune 500 companies by four-fold. In fact, when Brewer recounted a meeting with a supplier who had no representation of women or people of color on his team during a CNN interview, she spoke out about her efforts to build a diverse team and the difficulty of often being the only minority and the only woman in the room.

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(Former Sam’s Club CEO Rosalind Brewer) When it comes to the highest echelons of corporate America, women of color are missing in action. Brewer’s retirement as CEO of Sam’s Club is a major blow to the number of African Americans in the C-suite.

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