Abstract
We examine the mobility of minority executives, defined as ethnic minority and female executives, in publicly listed US firms. Minority executives as a whole experience lower promotion, higher demotion, and higher exit than Caucasian males. These differences are driven by female and African American executives. Female executives experience lower promotion and exit, whilst African Americans experience lower promotion, higher demotion, and higher exit. In contrast, Asian and Hispanic executives do not experience different mobility outcomes to Caucasian executives.