The mission of Wharton CEO, through the lenses of race, gender, and socioeconomics, is to equip current and future leaders with the critical skills needed to design equitable organizations, create positive outcomes in the business sector, and grow wealth creation opportunities.
We partner with for-profit and nonprofit entities to address inequity through applicable research, in fields like healthcare, finance, education, sports and entertainment, and tangible workplace solutions to expand access to economic opportunities for all.
» ADVANCE ACCESS TO HEALTH CARE AND HEALTH OUTCOMES
The death rate for Black patients hospitalized with COVID-19 would have been 10% lower if they received care at the same hospitals as white patients.
» DELIVER EDUCATIONAL OPPORTUNITIES
Districts with the most Black, Latino, and Native students receive significantly less funding—as much as $2,700 per student.
» GENERATE INCLUSIVE AND EQUITABLE WEALTH
In 2020, white households—representing 60% of the U.S. population—held 84% of total household wealth, while Black households— representing 13.4% of the U.S. population—held only 4% of total household wealth.
» INCREASE EQUITY IN ENTREPRENEURSHIP AND THE LABOR MARKET
Women-founded startups receive less than 3% of all venture capital investments while Black and Hispanic female founders receive less than half of that.
» EXPAND EQUITY AND OPPORTUNITY IN SPORTS AND ENTERTAINMENT
Of the 151 sports teams in the five major professional sports in the United States, there are currently no Black majority owners.
CEO News
The Future of Equity and Opportunity in Sports with Bomani Jones
“I think there are eight Black billionaires in America, and you know the names of six of them.” – Bomani Jones
In partnership with the University of Pennsylvania’s Center for Africana Studies and the Wharton Sports Analytics Business Initiative (WSABI), the 2023 Race and Sports event returned on Thursday, April 27. Attendees gathered in Huntsman Hall to welcome seasoned sports media analyst, Bomani Jones, for a lively discussion on the intersection of race and sports, led by CEO Faculty Director, Kenneth Shropshire. Throughout the conversation, they discussed the fight for gender equality in sports, shed light on the racial disparities in sports ownership, the value of agent representation and more. During the 90 minute discussion, students and members of the Penn community came together to share their perspectives on the world of sports. Bomani is the host of Game Theory with Bomani Jones on HBO, The Right Time with Bomani Jones podcast on ESPN, as CEO of Old Soul Productions, he hosts The Evening Jones.
Watch the full conversation
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Wharton Coalition for Equity and Opportunity
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3620 Locust Walk
Philadelphia, PA 19104
