Two local businesses on magazine’s list
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- June
- 12
A financial services company in White Plains and an auto dealership in Mount Kisco are among the nation’s top black-owned businesses, according to Black Enterprise magazine.
The magazine lists Paradigm Asset Management Co. LLC, an employee-owned company that specializes in domestic equity, as the 14th top grossing company and Mount Kisco Chevrolet Cadillac as the 48th. Paradigm had $1 billion in assets under management.
Paradigm, founded in 1990 by chief executive James E. Francis, was also 14th on last year’s list. The auto dealership was 43rd last year.
Adrian Quinn, listed by the magazine as the chief executive of the auto dealership, was not at the business and could not be reached for comment. A message left for Francis was not immediately returned.
To make the list a company must be at least 51 percent black owned.
The magazine also announced its third annual list of the 40 best companies in the country for diversity and named four Westchester County companies: Pepsi Bottling Group Inc. of Somers, PepsiCo Inc. of Purchase, IBM Corp. of Armonk and Starwood Hotels & Resorts Worldwide Inc. of White Plains.
To come up with the diversity list, the magazine surveyed executives at large publicly traded companies about the suppliers they use, the makeup of their senior management team, their workers and general activities.
This entry was posted
on Tuesday, June 12th, 2007 at 5:17 pm by Allan Drury.
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