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Target Market News has introduced Black Business Chicago, a new publication  which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site, blackbusinesschicago.com, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending



The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Renetta McCann returns to ad industry as Leo Burnett's Chief Talent Officer

(September 6, 2012) Renetta McCann, who has been one of the top-ranking African-American executives in the advertising industry, is returning to the business. McCann has re-joined Leo Burnett, where she first began her career, in the position of U.S. Chief Talent Officer.

McCann will oversee Burnett's U.S. recruitment, training and talent management and report directly to North American President Rich Stoddart. "Renetta is committed to attracting and retaining the very best and brightest minds in business today and will help ensure that Leo Burnett is a magnet for top communications people around the world," said Mr. Stoddart in a statement.

In 2008, McCann stepped down as Global Chief Executive of Publicis Groupe's Starcom MediaVest Group, announcing then she was taking a one-year sabbatical. She later became Chief Talent Officer at Publicis Groupe's Vivaki, and most recently, has been a consultant.

In an industry known for its lack of C-suite women executives, McCann emerged as one of its more heralded  leaders. She championed the splitting off of media buying as a separate entity while under her boss, Publicis Groupe Media Chairman Jack Klues, during a time of tremendous change at Leo Burnett in the late 1990s. She also helped guide the transition of Starcom after it merged with MediaVest in 2000.

McCann, a Chicago native, is replacing Jeff Tritt, who in April left his post as exec VP-people and culture at Burnett to become chief talent officer at Resource Interactive in Columbus, Ohio.


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