Eugene Mitchell is President and CEO of E. Mitchell Enterprises, LLC, a financial consulting and services firm. He is also the author of the book: Closing the Racial Wealth Gap—7 Untold Rules for Black Prosperity and Legacy!
Prior to starting his own company, Eugene served as the Corporate Vice President and manager of the African-American Market Unit within the Agency Division of New York Life Insurance Company, a unit that he created. For 17 years, he was responsible for developing and executing the company’s national targeted recruiting, sales and marketing campaigns within the African-American community. He also oversaw and supported the development, retention, and promotion of 1,500+ African American Market agents, and 40+ African American managers.
In 2011, Eugene developed and initiated the $50 Billion Empowerment Plan – a 5-year initiative to accumulate $50 billion of in-force life insurance, intended to (1) provide significant family and business protection; (2) transfer future income; and (3) create a strong and sustainable intergenerational wealth stream within African American families, businesses, institutions and organizations. On July 30, 2017, Eugene and his team crossed the $50 billion milestone.
Eugene has been featured in national media and industry publications, including The New York Times, ABC News, and Black Enterprise Magazine. He has been presented with numerous city and state proclamations; he received the “Business Mover and Shaker” award from New Visions in Business Magazine; and the Conference of African American Financial Professionals also awarded him with their Leadership and Excellence Award in 2018.
Eugene earned his MBA from New York University’s Stern School of Business, and his B.A. in Finance from Florida International University. He and his family live in New York City.