Beruflich Dokumente
Kultur Dokumente
COVER STORY
They’re
bold,
innovative,
powerful
—and all
under 40
By The Editors
OVER THE YEARS, BLACK ENTERPRISE List, a roster of extraordinary professionals and entrepreneurs from BE 100S CEOs and financiers to innovative scientists and Association of Securities Professionals, and the Executive Lead-
HAS DEVELOPED A REPUTATION FOR under the age of 40 who have transformed American business hip-hopreneurs. ership Council. As a result, we found people who have influenced
IDENTIFYING BUSINESS SUPERSTARS IN using innovative products and practices. How did we spot these supernovas? In an exhaustive search, global markets and produced billions of dollars in revenues
INDUSTRIES RANGING FROM FINANCE This is the second time we have compiled our list—the inau- our editorial team contacted business leaders, top-ranked cor- with their talent and business prowess.
AND TECHNOLO GY TO MEDIA AND gural register debuted in 2003—and our team of editors and porate professionals, industry insiders, and national organiza- Over the following 16 pages, we reveal these young, power-
ENTERTAINMENT. We have placed a spotlight on researchers spent several months looking for peak performers tions such as the National Society of Black Engineers, the ful African Americans. And while they are making ground-
many of them before they have achieved full-blown marquee whose contributions have been so powerful that they would be National Association of Investment Companies, The Black breaking contributions today, their impact will undoubtedly be
status. Once again, we unveil the best and the brightest, our Hot considered impressive at any age. This year’s list runs the gamut Entertainment and Sports Lawyers Association, the National felt tomorrow.
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D. STEVE
BOLAND
President & AGE:
Managing Director 37
LANDSAFE INC., COUNTRYWIDE
FINANCIAL CORP.
Why he’s hot: D. Steve Boland is
the youngest member to appear
on BE’s list of the 75 Most Powerful
Blacks in Corporate America. As
president of LandSafe, he oversees
the provider of real estate infor-
mation and closing services, which
generated $223 million and employs
1,300 workers nationwide. He pre -
sides over a holding company made
up of four subsidiaries associated
with originating a mortgage, includ-
ing a credit reporting agency, an
appraisal management company,
a flood determination company,
and a title company. Today, Boland
seeks to use technology to auto-
mate the process for closing loans.
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KENNETH ANTOINE
+Nicole E. Brown H. FEARN JR. FUQUA
Project AGE: Founder & Managing AGE: Film Director, AGE:
Engineer 28 Partner 39 Producer 39
Actor & AGE:
MALCOLM PIRNIE INC. INTEGRATED CAPITAL L.L.C. FUQUA FILMS +Nick Cannon Producer 25
Why she’s hot: Considered one of the world’s youngest and brightest Why he’s hot: Kenneth Fearn is Why he’s hot: One of the few
Why he’s hot: Renaissance men are getting younger and younger. Take Nick
environmental engineers, Nicole Brown is charged with managing New making his mark on the real estate African Ame ricans to direct a
Cannon, for instance. He has six film projects in the works; a production and
York City’s groundwater system. In her position, she’s been responsible front by raising capital from insti- motion picture with a $100 million
film company called Mr. Renaissance Entertainment, a new show on MTV,
for projects ranging from revamping the Big Apple’s water supply tutions and individual investors to budget, the Training Day film direc-
Nick Cannon Presents, Wild ’N Out; and he recently released “Can I Live?” a
during the 2002 drought emergency to designing a system to pump acquire hotels. In 2004, his firm, Inte- tor is setting up his Fuqua Films
controversial single about abortion that appears on his new CD.
water out of the ground and treat it for residential use. With a vast grated Capital L.L.C., purchased two banner at 20th Century Fox. The
But Cannon’s not new to the small screen—or the big one for that
understanding of water treatment processes and design, Brown works California Doubletree Hotels for a studio, which pursues few exclu-
matter. He’s spent his entire adult life entertaining. He set out for
wi th municipalities around the countr y to properly develop combined price of $40 million. Los sive pacts with directors, has given
Hollywood at 16 and landed standup gigs at famed comedy clubs
environmentally friendly systems. “The main thrust of my work for New Angeles-based Integrated Capital him an exclusive one-year pro-
the Improv, the Laugh Factory, and the Comedy Store. He became
York has been to evaluate existing conditions and design improvements expanded its reach in 2005 by buy- duction deal and a one-year option
a regular on the Nickelodeon cable television channel, hosting,
of the city’s groundwater system,” she explains. A graduate of Georgia ing a third hotel, a Marriott Resi- to renew. He sealed the deal with
co-hosting, and guest starring in a number of shows. He hit the
Institute of Technology in Atlanta with a degree in civil engineering, dence Inn in Columbia, Maryland, his solid contributions to the drama
big time in 2002 with the starring role in the movie Drumline, in
Brown has been employed with Malcolm Pirnie, a centu ry-old for an undisclosed amount. The Dou- pilot Murder Book for Fox Broad-
which he plays a gifted but rebellious drummer from Harlem.
environmental consulting firm, for seven years. As a project manager, bletree hotels have 520 guestrooms casting and the reputation he built
Cannon’s last three films—Love Don't Cost a Thing, Shall We Dance, and
her team has won major awards, including one from the New York in total and the Marriott Residence over the last several years as direc-
Underclassman—grossed more than $100 million. And he not only starred in
Association of Civil Engineers. Inn Hotels have 238 guestrooms. tor of The Replacement Killers, star-
Underclassman, he also wrote and executive produced it.
Fearn says Integrated has purchased ring Chow Yun Fat; Tears of the Sun
Cannon recently turned his attention to creating big-screen opportunities for
$100 million in assets since its incep- with Bruce Willis; and the Jerry
other African American actors and actresses, and is currently executive
tion and is in the process of raising B ruckhe imer-produced K i n g
producing two other films.
$200 million in equity commitments. Arthur. Next up: the action-packed
Prior to founding Integrated Capital, thriller By Any Means Necessary.
Fearn was a managing director and
CFO at Maritz, Wolff and Co., a private
equity real estate firm.
General Manager, AGE:
+Lisa Ellis Acting President 35
SONY URBAN MUSIC
NJEMA RICHARD C. Why she’s hot: Lisa Ellis, general manager and acting president of
FRAZIER GAY
Sony Urban Music, is on a short list of black executives at major
AGE: Senior VP, Strategy & AGE: labels. Ellis oversees the division’s day-to-day operations in a
Physicist
35 Business Operations 37 role that encompasses A&R, publicity, marketi ng,
NATIONAL NUCLEAR SECURITY VH1 AND CMT COUNTRY MUSIC TV promotion, and online content. She also works with the
ADMINISTRATION Why he’s hot: Millions of people company’s U.S. labels on matters relating to urban
Why she’s hot: Brought to our view Richard Gay’s work daily. He’s music. Sony BMG Music Entertainment, with close to
attention by the National Society of the business strategist behind VH1 $4 billion in annual revenu es, i s the No. 2
Black Engineers, Njema Frazier and CMT: Country Music Television, recording company in the world.
manages the code and model reaching 86 million and 77 million Ellis previously served as vice president of
development for nuclear weapons viewers, respectively. He also over- strategic marketing and music licensing at Sony
simulations. Serving as a federal sees VH1 Classic, VH1 Soul, and VHUno Music, where she created licensing campaigns for
manager within the Office of digital channels. “I deal with bud- various artists, including Destiny’s Child. Now one of
Advanced Simulation and Com- gets, long-range planning initiatives the most powerful African American women in the
puting, she has purview over the and opportunities, as well as day-to- industry, Ellis joined the Columbia Records family in
Integrated Codes and Physics and day operations,” says Gay, a former 1995 as a local promotion manager after bolstering her
Engineering Models program. She partner at the consulting firm Booz career in the marketing departments of Pepsi-Cola, CBS
oversees a budget of $200 million Allen Hamilton. He recently orches- Radio, and Reebok International.
and ranks among senior-level trated a deal with Wal-Mart to mar- Entrenched in the business for a solid decade now,
management reporting quarterly ket and promote country music Ellis has been credited with turning the once-
to the deputy administrator for singer Toby Keith and brokered a unknown Fugees and R&B singer Maxwell into
defense programs in NNSA. What’s cross-promotion arrangement household names. More recently, the power broker
next? Plenty, but it’s top-secret, between VH1 and Starbucks, which has put her stamp on rising stars like neo-soul singer
for now. owns a nascent record label. John Legend and R&B artist Amerie. Ellis notes that
finding quality artists who can sing, write, and
perform live is a constant challenge. “It is easy to find
singers,” she says. “It is harder to find stars.”
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RALPH V. Product Design Director, AGE: GREGG A. Partner & Managing Director AGE:
GILLES Truck Studio 35 GONSALVES Industrial & Natural Resources Group 37
Director of AGE:
+Damon Evans Athletics 36
UNIVERSITY OF GEORGIA
Why he’s hot: Age is no indicator of experience or performance. The campaign—the largest in athletic association history—and
14-year career and track record of UGA director of athletics Damon negotiated a deal to outsource the marketing rights of UGA’s
Evans can attest to that. The youngest athletics director in the licensed apparel to multimedia sports marketing company
Southeastern Conference, Evans was responsible for securing $81 International Sports Properties. That deal guarantees UGA $14
million in tax-exempt financing for the construction of UGA athletic million over the next five years.
facilities. He also grew UGA’s athletic association reserve fund from Evans is always thinking of ways to increase UGA’s brand
$1 million to $9.5 million over a five-year period—the largest jump awareness: “In order to run a successful business, it is important
in the history of the organization. to have a well-established brand identity. The success of our
Evans became the director of athletics at UGA, a Division 1-A school, organization will depend upon having the right people in the
in the summer of last year. Prior to that, he served for four years as right positions and empowering them to do their jobs.”
senior associate athletics director. He oversees a $60 million capital
Singer, AGE:
+Beyoncé Knowles Actress 24
Why she’s hot: Even before she inspired Tommy Hilfiger’s fragrance line, True Star, Beyoncé
Knowles was well on her way to becoming one. The former frontwoman of R&B group
Destiny’s Child went solo in 2003, and her debut CD, Dangerously in Love,
sold 1.4 million copies, and won five Grammy awards.
A budding actress, Knowles played the title role in the
television production Carmen: A Hip-Hopera.
She made her silver-screen debut as
Foxxy Cleopatra in Austin Pow -
ers: Goldmember and had a
starring role in The Fight -
ing Temptations. Next
year, she will appear in
The Pink Panther, co-star-
ring Steve Martin, and she
recently inked a multimil-
lion-dollar deal to play the
coveted role of one of the title
characters in Dreamgirls, the movie
adapted from the hit Broadway play.
Knowles has millions in endorsement
deals, including a five-year, $4.7 million con-
tract with L’Oreal and a $3 million contract with Hil-
figer’s Star fragrance line.
And did we mention she had style to spare? Knowles and her
mother, Tina, collaborated to develop a women’s clothing line called The
House of Dereon, named after Knowles’ grandmother. The line consists of urban
and couture styles that retail for between $100 and $300. Earlier this year, Knowles
and her mother signed a licensing agreement with G-III Apparel Group Ltd. to distribute
The House of Dereon fashions.
DEREK R.
LEWIS
Vice President of Retail Sales, AGE:
Great West Business Unit 38
THE PEPSI BOTTLING GROUP INC.
Why he’s hot: As vice president of
retail sales for the largest of seven
sectors within Pepsi Bottling Group,
Derek L ewis is no stranger to
attaining success. Lewis joined the
No.1 manufacturer, distributor, and
seller of Pepsi-Cola beverages in
1988 as a campus hire, and today
manages one of the largest units
within PBG in terms of volumes
sold and revenue. The unit gener-
ates more than $ 1 bi llion in
AGE:
annual sales. Lewis’ daily tasks
SUZANNE White House
MALVEAUX Correspondent 39 involve broadening strategies to
help the group achieve vol ume,
CNN revenue, and margin objectives.
Why she’s hot: Suzanne Malveaux has been giving cable junkies the lowdown on President George W. Bush His overall responsibility is to set
since 2002. She recently traveled with him to Belgium, Germany, and Slovakia and is a regular in Crawford, the functional agenda for the unit’s
Texas, home to the president’s ranch. “It’s just three turns and 30 minutes between my hotel in Waco and the entire retail sales organization.
Crawford elementary school, where I file my reports on President Bush’s whereabouts,” she said. An Emmy
Award winning journalist, Malveaux made a name for herself as a general assignment correspondent for NBC in
Chicago and Washington, D.C. She covered President Bill Clinton’s impeachment, the 2000 presidential election,
and the Elian Gonzalez custody battle.
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ANNA-MARIA
MCGOWAN
Aerospace AGE:
Engineer 36
+Aaron McGruder Comic Strip Creator AGE:
31 NASA LANGLEY RESEARCH CENTER
Why she’s hot: At 12, Anna-Maria
Why he’s hot: After years of peddling The Boondocks to network executives, Aaron McGruder is finally the Mc Gowan was intrigued with
top dog of an animated television series. The syndicated comic strip, which appears in more than 300 news- airplanes. Today, the aerospace
papers, made its television debut in November on Cartoon Network’s late-night Adult Swim. The network has e nginee r design s an d tes ts
commissioned 15 episodes, with McGruder serving as executive producer. He calls the shots in terms of writ- cutting-edge technologies for
ers, artists, and actors. The series features a celebrity cast, including Regina King and John Witherspoon. Rebel aircrafts. McGowan, a project
Base and Hudlin Entertainment are producing the show in association with Sony Pictures Television. ma nager in the aeronautics
program at NASA Lan gley
Research Center in Hampton,
Virginia, directs a $10 million-plus
project, part of NASA’s strategy
SAM Vice AGE: for the future of flight. She works
MARTIN President 37 with diverse groups, including
the Department of Defense and
HBO FILMS ma jor univ ersities. Her team
Why she’s hot: Sam Martin oversees the development and production of original movies. Provocative films works on futuristic technologies,
are the hallmark of HBO’s movie division and run the gamut from small independents to big theatrical like wings that change shape on
events. Martin was responsible for bringing Lackawanna Blues to HBO Films, in addition to securing the script command, and is a leader on
and overseeing the production of Sometimes in April, the film about the 1994 Rwanda genocide. She worked smart, biometric applications for
on Empire Falls, helping Richard Russo adapt his Pulitzer Prize winning novel, which garnered 10 Emmy aerospace vehicles. “It’s not a far
nominations, including outstanding miniseries. Martin joined HBO Films as director in 2000 and spearheaded stretch to say we’re working on
Boycott and the Golden Globe nominated Iron-Jawed Angels. She also collaborated on John Leguizamo’s Buck- Rogers-like technologies.”
directorial debut Undefeated.
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STEPHEN A. JAMES L.
SMITH TANNER JR.
AGE: AGE:
NBAAnalyst Lawyer, Agent
38 36
ESPN WILLIAMS & CONNOLLY L.L.P.
Why he’s hot: Quite frankly, Smith is Why he’s hot: A partner at one of
one of those guys whom fans and the premier litigation firms in the
critics love to hate. He has been country, James Tanner brokers con-
accused of having more attitude than tracts and endorsement deals for
opinion. And to put it bluntly, he says, players in the NBA, WNBA, and the
“Those guys are dead wrong. To me, NFL. In 2004, Tanner helped nego-
opinion and attitude are the same. If tiate more than $150 million in NBA
you have an opinion, you’ve got an contracts alone. This one-time
attitude.” Smith argues that at the senior adviser in the 1996 Clin-
very least, he backs his opinions with ton/Gore presidential campaign
facts. The 10-year veteran has built a joined Williams & Connolly in 1997,
name for himself in the broadcast charged with helping build up the
industry as host of Quite Frankly with firm’s sports practice. Through his
Stephen A. Smith, a 60-minute daily efforts, the roster has grown from
dose of sports, news, and opinions. seven to more than 30 clients, with
Smith has a roster of accomplish- Tanner representing blue-chip ath-
ments that include host of T h e letes such as Tim Duncan of the
Stephen A. Smith Show on ESPN San Antonio Spurs, Grant Hill of the
Radio; ana ly st of th e N B A Orlan do M agic, a nd Marvin
Shootaround pre-game show; NBA Williams, the No. 2 pick in the 2005
Nation; and NBA Fast Break, to name NBA draft who will play for the
a few. Smith envisions himself as the Atlanta Hawks.
next Ed Bradley of the sports jour-
nalism world. “I want to expand
beyond sports and do something rel-
evant and prevalent in everyday KANYE
lives,” he says. WEST
Producer, AGE:
Hip-hop Artist 28
ROC-A-FELLA RECORDS
Why he’s hot: After making hits
WILL
SMITH behind the scenes for other hip-hop
and R&B artists, Kanye West made his
AGE:
Producer, Actor debut in front of the mic in 2004 with
37 +Pharrell Williams College Dropout, which sold nearly 3
OVERBROOK ENTERTAINMENT AGE: million copies. At the 2005 Grammy
Why he’s hot: Smith is one of the Producer Awards, West received 10 nomina-
32
highest paid actors in Hollywood, tions and went home with three
and made $28 million for I, Robot. STAR TRAK ENTERTAINMENT Awards. His follow-up recording, Late
His last blockbuster, Hitch, grossed Why he’s hot: Pharrell Williams not only produces hot music but Registration, which was released late
$360 million at the box office world- orchestrates a multimillion-dollar enterprise. He’s been able to turn this summer, has already gone plat-
wide. As a partner in Overbrook his credentials as producer-extraordinaire into partnerships that reach inum. If you think there’s no more
Entertainment, Smith has added far beyond the music industry. He’s launching Ice Cream Skate originality in hip-hop, you haven’t
producer to his list of credits with footwear, created and launched Billionaire Boys Club Clothing line in listened to West. His use of acceler-
films such as Pursuit of Happyness 2004. ated lyrics from classic rock and R&B
and Monster Hunter, scheduled for Known for churning out hits with Neptunes’ partner Chad Hugo for songs, stringed instruments, and live
upcoming release. He’s the execu- the likes of Jay-Z, Nelly, and Usher, Williams has produced a host of choirs is a creative signature of his
tive producer and co-creator of the songs for music soundtracks for Hitch, Girl Next Door, and Daredevil. music. And then there are his lyrics.
UPN series All of Us and is an Right now, he’s in the studio focusing on his wildly anticipated solo Instead of rhyming about slingin’ and
investor in The Momentum Experi- album, In My Mind, scheduled for a November release. blingin’ on the streets, West rhymes
ence, a theatrical distribution com- Widely considered a major influence of what new, innovative music about the imperfect human condition,
pany that launched in July. Smith sounds like, William’s rock credentials were further bolstered by his the state of nations, the grace of Jesus,
and his wife, Jada Pinkett Smith, appearance at the 2004 Grammy Awards, performing The Beatles I and his own struggles and misgivings.
are investors in Carol’s Daughter, Saw Her Standing There on drums along with Sting, Dave Matthews, Creative and driven, West is not afraid
the 2005 BLACK ENTERPRISE Emerg- and Vince Gill. to express his views on anything. Not
ing Company of the Year. even the president.
AGE:
Hip-hop Artist/Producer
33
Why he’s hot: This preacher’s son
who became a Grammy Award win-
ning hip-hop artist and producer is
ELDRICK “TIGER” cutting deals. After years of pro-
WOODS
ducing and remixing hits for a vari-
Professional AGE: ety of artists, Wyclef Jean has
Golf Player 30 recently teamed up with cable tele-
Why he’s hot: He’s seen his share vision network HBO to produce and
of bogeys this year, but Tiger star in a comedy series loosely
Woods continues to dazzle the based on his life. Next year, Jean
world since launching his profes- will reunite with The Fugees group
sional career in 1996. His World members Pras Michel and Lauryn
Golf Championship NEC win was Hill to release their Reunion Album.
his fifth this season and the 45th of The Score, the group’s most suc-
his career. The winner’s check cessful recording, sold more than
alone was $1.3 million—his largest 17 million copies worldwide. The
payoff so far. In April, Woods’ sud- Haitian-born guitarist and activist
den-death victory gave CBS its best also heads Yéle Haiti, a nonpolitical
Masters ratings in four years. By organization that provides scholar-
the end of the 2005 PGA season, he ships and humanitarian assistance
clinched the PGA Tour money title for native Haitians. BE
with a little over $9.9 million.
Reportedly, Woods earned $87 mil-
lion in income between June 2004 —Additional reporting by
and June 2005. Kenneth Meeks, Tanisha A.
Sykes, Carolyn M. Brown,
Sakina P. Spruell &
Tennille M. Robinson
Editorial research: Denise
Campbell, Tracy M. Brown,
Siobhan Benet & Maya Payne