10 Most Powerful Women in Business
10. Carol Bartz
President and CEO of Yahoo!
The word cant doesnt appear to be in Carol Bartzs biography. After graduating college and working for 3M, the company told her in 1967 that she couldnt be transferred to their headquarters because she was a woman. Disgusted, Bartz decided to enter the computer industry. By 1992 was the CEO of Autodesk, a manufacturer of PC software, and in 2009 was made head of Yahoo! Since she got there, times have been tough for the company, with Bartz laying off 5 percent of her employees, and there have even been rumors that her contract wont be renewed. But investors give her credit for trying to make the company more efficient.
9. Ursula Burns
Chairman and CEO, Xerox
Burns has more than one precedent setter on her resume. Not only is she the first African-American woman to head an S&P 100 company (Xerox), shes the first woman to succeed another woman at the job (Anne Mulcahy, whom Burns succeeded in 2009). Burns is a Xerox lifer shes been with the company for 30 years, beginning as an intern. But that doesnt mean shes got tunnel vision: One of the most significant things shes done is acquire Affiliated Computer Services, an outsourcing company. And that means that Xerox is now the biggest business process and document management firm in the world. Its all about growth, says Burns, who has two degrees in engineering. Its all about getting bigger.
8. Ginni Rometty
SVP, Group Executive, Sales, Marketing and Strategy, IBM
Shes got a long title, but what it basically means is that shes responsible for customer satisfaction in the companys 170 global markets. She also leads the companys sales force. And what shes doing seems to be working; according to Fortune, the stock is outperforming the S&P index this year. Before being hired by IBM, she was an executive at the accounting firm of PriceWaterhouseCooper. Its 98 percent calm and two percent terror, she once said of her job.
6. Oprah Winfrey
Chairman, Harpo and OWN (Oprah Winfrey Network)
Since she began her talk show 25 years ago, Winfreys never gone anywhere but up. Shes captivated millions of women with her easy, just-between-us-girls manner while dealing at the same time with explosive issues like race and sexuality.. She launched the careers of Dr. Phil, Dr. Oz and Nate Berkus. Her book club has been a one-woman windfall for the book publishing industry; her magazine is a success. And now that shes decided to end her show on a high note, shes forming her own network. The big secret in life is that there is no big secret, shes said. Whatever your goal, you can get there if youre willing to work.
5. Andrea Jung
Chairman and CEO, Avon
When Jung took over as CEO of Avon in 1999, she inherited a cosmetics company that was seen as more than a bit old-fashioned. But she accomplished one of the most difficult tasks in business: giving new life to an old brand. Expanding the Avon lady sales force to more than 143 countries and developing a line of makeup designed for teenagers were just two of the smart strategies she used. And one of Jungs most remarkable accomplishments has been outside the job: Last year she became co-lead director on Apples board, a business sector where women are notable for their scarcity.
4. Andrea Braly
Chairman, President and CEO WellPoint
As the president of one of the largest health-care insurance companies in the country, Angela Braly is used to being in some tough positions. When she went before Congress earlier this year to defend a proposed 39% rate hike increase in California, not too many people were happy. (It was later withdrawn.) Before she became president of WellPoint, Braly, a graduate of the Southern Methodist University School of Law, was the companys general counsel and the chief public affairs officer. Experts think the company could actually benefit from health-care reform that requires more people to be insured.
3. Patricia Woertz
Chairman, President and CEO Archer Daniels Midland
After working her way up the ladder to run the Chevron Corporation a rare feat for a woman in the oil industry - Woertz became CEO of Archer Daniels Midland, an Illinois-based conglomerate that has more than 270 plants worldwide to turn grains into products used in everything from food to industrial and animal feed products. But Woertz aims to expand the companys interest in fuel and energy sources. Investors seem to like the idea: In the past 12 months, the companys stock has gone up 13 percent.
2. Irene Rosenfeld
Chairman and CEO, Kraft Foods
Rosenfeld, who became Krafts CEO in 2006, has been open about wanting to make the company into a global powerhouse in snacks, confectionery and quick meals. And shes a lot closer to doing just that with Krafts recent $19 billion acquisition of the Cadbury candy companya move that, according to Fortune, gives Kraft some good opportunities in emerging markets like India.
1. Indra Nooyi
Chairman and CEO, PepsiCo
For the fifth straight year, Indra Nooyi has been chosen as No. 1 on Fortunes list of the 50 Most Powerful Women in Business. A native of Chennai in the state of Tamil Nadu in India, Nooyi has a degree from the Yale School of Management. For more than a decade, shes directed the companys global strategy, overseeing PepsiCos acquisition of Tropicana and its merger with Quaker Oats. And most recently, shes acquired PepsiCos two largest bottlers, giving the company more power over its manufacturing process. As a result, PepsiCo stock has jumped 12% since September 2009.