Fortune's 50 most powerful women in business
Creativity is still a requirement for success
When Fortune magazine launched its annual list of the 50 most powerful women in business in 1998, most of the members came from fields that prize creativity, such as advertising, media, and publishing — with no heading blue chip firms.
No longer.
The 2014 list issued Thursday includes a record 24 women CEOs, or nearly half the total.
And the highlighted businesswomen command executive suites in tech, finance, agribusiness, aerospace and other sectors.
“Creativity is still a requirement for success, of course, but you no longer have to work in a ‘creative’ industry to advance as a woman,” writes Fortune’s Jennifer Reingold.
IBM CEO Ginni Rometty grabbed the top spot for the third year in a row, despite a second consecutive decline in revenue for the Armonk, N.Y.-based tech and consulting giant she leads. But IBM is also moving forward with strategic partnerships, including deal to provide IBM’s services on Apple’s iOS platform.
Rounding out the rest of the top 10 are: Mary Barra, CEO of General Motors; Indra Nooyi, Ceo of Pepsico; Marillyn Hewson, CEO of Lockheed Martin; Ellen Kullman, CEO of DuPont; Meg Whitman, CEO of Hewlett-Packard; Irene Rosenfeld, CEO of Mondelez International; Pat Woertz, CEO of Archer Daniels Midland; Abigail Johnson, President of FMR (Fidelity Investments) and Sheryl Sandberg COO of Facebook.
Fortune editors compile the list based on four criteria:
The size and importance of the woman’s business in the global economy
The health and direction of the business
The arc of the woman’s career
Social and cultural influence.
In other highlight features of the 2014 list, Yahoo CEO Marissa Mayer is the youngest member of the 2014 group, at age 39. Sandberg is the highest paid, earning $38 million last year. And seven were named to their jobs in the last year.
Read the full article at: americasmarkets
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