But perhaps the biggest takeaway from this years list is just how uneventful the changes in womens leadership area sign that female CEOs are finding stability and staying power atop Fortune 500 companies. Top Women CEOs for 2021 - Glassdoor Blog - 2022 Fortune 500 rank: #435. Previously the executive vice president and chief financial officer of The Home Depot, she began as a commercial lender with United Bank of Denver (now Wells Fargo) and became director of banking for Johns-Manville Corporation. - 2022 Fortune 500 rank: #68. Morrison and Krill both majoredin economics as well. Female corporate leaders were rated better at taking initiative by 60 percentile scores, learning agility and being better at inspiring and motivating others by 59, developing others, and building relationships by 58 percentile scores. Source: Fortune In 2020 there were 37 female Fortune chiefs (7.4%). Moreover, female CEO statistics reveal 5.4% of private companies with revenues over $1 billion dollars are managed by women. With many educational accomplishments, she has a Bachelor's degree from Vassar College, a . Rosalind Brewer CEO, Walgreens. Moreover, data shows that companies with female leadership also have a higher shareholder return of 34%. - Company: General Motors - Company: Lincoln National In October 2022, 26.1% of new CEOs were women or non-binary. Fortune 500 women CEOs as of 2021 (47 women) Fortune 500 CEOs by gender over time See also Fortune 500 - 2022 Fortune 500 rank: #307. Previously, she was the consumer tech giant's chief financial and strategic transformation officer. The buck stops with you. She previously worked at Goldman Sachs Asset Management, serving as managing director and global head of insurance strategy, and has a bachelor's degree in business administration from Temple University. According to Citigroup, Fraser has "launched a multi-year strategy to increase Citi's profitability and better position the firm for the speed and complexities of the digital age." For more information please read our full risk warning and disclaimer. This list names all the women who currently hold CEO positions at S&P 500 companies, based on the January 2023 S&P 500 list.*. A decade later, shes utilizing her educational background in English and knack for research to craft website content on crypto and ensure readers are fully informed. And yet, women remain underrepresented in the higher echelons of the business world, especially those of color. She graduated from Spelman College in Atlanta; the Advanced Management Program at the Wharton School, University of Pennsylvania; and the Director's College at the University of Chicago Booth School of Business. She is currently the only woman who runs a major U.S. brokerage after being named managing partnerjust the sixth ever in the firm's historyand CEO in January 2019. She pointed to her CEO experience as evidence of her leadership capability when she was on the campaign trail in 2016, but her tenure at HP was marred by layoffs and a tech recession. Moreover, this number has grown by four percentage points compared to the previous year, reflecting not only a minuscule share but very little progress for women in C-suite positions. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. Joyce Mullen, named CEO of Insight Enterprises in January 2022, was responsible for rising sales after joining the global technology company as president of North America operations in October 2020. Fortune 100 CEO Statistics and Demographics - BrandonGaille.com In 2006, the University of Pennsylvania graduate became president of Williams-Sonoma; four years later, she replaced former CEO W. Howard Lester, becoming one of the highest-paid women in American business. contracts for difference (CFDs) is speculative and carries a high level of risk. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. A week after the war began, she announced three major economic sanctions against Russiabanning transactions with its central bank, closing airspace to Russian plane travel and barring Kremlin-owned news agencies. From early 2021 to early 2022, revenues grew 14%. In addition, only 14.2% of private company boards have at least one female member. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. An outstanding accomplishment for both men. 10% Of Fortune 500 Companies CEOs Are Of Indian Ancestries, Says U.S. Von der Leyen is just one face of the biggest storyline of 2022: women acting as stalwarts for democracy. Other female CEOs whose companies are on the Global 500 include Martina Merz, leader of German materials business ThyssenKrupp; Amanda Blanc, who leads British insurer Aviva; and Dong Mingzhu, CEO of China-based Gree Electric Appliances. The percentage of new female CEOs reached a record in January 2022 when it stood at 27.1%. - 2022 Fortune 500 rank: #406. - 2022 Fortune 500 rank: #26. The share of woman-led Fortune 500 companies has hit a record high, with 44 female CEOs at the helm of some of the largest corporations in the U.S. Today, 7.4% of CEOs of Fortune 1000 companies are operated by women. Who Rules America: Diversity Among Fortune 500 CEOs from 2000 to 2020 Global 500 CEOs (from left) Emma Walmsley of GSK, Amanda Blanc of Aviva, and Tan Sin Yin of Ping An. Barbara Rentler, who has been with the company since 1986, is undoubtedly to thank. - 2022 Fortune 500 rank: #149. ILLUSTRATION BY GRACELYNN WAN FOR FORBES; PHOTOS BY MICHELE TANTUSSI/AP; FRAZER HARRISON/GA/THE HOLLYWOOD REPORTER/GETTY IMAGES; ANDREW MEDICHINI/AP; COURTESY OF GGV CAPITAL. Women run 12 Fortune 100 businesses in total and across the broader Fortune 500, they run five health care companies; seven retailers; and nine financial services businesses. The 4 Up-and-Coming Female CEOs Right Now - CEO Today When trading in stocks your capital is at risk. Either that or the head hunters came calling and poached you over from a top job at another company. Alka Mittal took over India's Oil &. Indeed, this year's numbers depict the continuation of slow-but-steady growth for women leaders in corporate America, albeit not as eventful as last year's ranking. All Rights Reserved. She became the sole CEO in 2019 and continues to push for the expansion of Oracle's cloud business. - 2022 Fortune 500 rank: #395. However, when it comes to the highest-paid employees, data shows 45% of the top 20% of highest-paid employees are women, noting an increase of four percentage points compared to 2021. All Rights Reserved. And despite the fact that men still represent the majority of CEO replacements, the percentage of women replacement CEOs has been steadily growing since 2014, when it stood at 15.2%. "By the time I got to work, I was very used to being around a whole bunch of men who were fairly uncomfortable with difference," she said. She is a former president and chief financial officer for the company and was named co-CEO in 2017, earning $40.9 million, making her the highest-paid female CEO in the United States that year. And despite the fact that S&P 500 C-suite pay increased by 24% from 2012 to 2020, the increase of women in executive roles was only 10% compared to that of men, which was 27%. Women have only been on the Fortune 500 CEO list for 48 years. - Company: Walgreens Boots Alliance 10 on the Global 500 and No. In addition, the female CEO representation in specialty retailers, food and drug stores, aerospace and defense, and life and health insurance industries is 25%. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. - Company: Land O'Lakes Only5% of Fortune 1000 companies havefemaleCEOs, but those giants generate7% of the Fortune 1000s total revenue. Search. In Iran, thousands of women marched in the streets in protest against theocratic laws that treat them as second-class citizens. All times are ET. Estelle Brachlianoff was promoted to CEO of French utility business Veolia Environnement in July. Women-dominated companies have a higher return on equity by a total of 35% compared to companies run by men. All Rights Reserved. One new entrant to this year's female CEO cohort is Centene's Sarah London, a former company board director and vice chairman who was tapped as the chief executive of the $126 billion health care company when her predecessor left for medical leave in March. Home Shopping Networks Mindy GrossmanandTJXs Carol Meyrowitz are among the CEOs who generated the highest returns during their respective tenures. Private high schools that cost more than most colleges, 30 victories for workers' rights won by organized labor over the years, 50 best public colleges ranked from most to least expensive, 100 best films of the 21st century, according to critics, Top 50 women-directed movies of the last 10 years, 50 women who broke barriers in the business world, led to one of the company's most successful years, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices The number of women CEOs listed had reached an alltime high: 32 in a single year. In 2017, those words became the first slogan for the Washington Post, the American newspaper that made history in 1972 by becoming the first Fortune 500 company to name Katharine Graham as its first woman CEO. "So that womantowoman succession is a milestone and makes it almost more a norm of having exceptional woman leaders.. Thasunda Brown Duckett officially took the helm as the new CEO of TIAA on Saturday, becoming the fourth Black woman ever to head a Fortune 500 company. The Hong Kong native earned her MBA from Northwestern University's Kellogg School of Management before beginning her career as a consultant. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Besides being known as one of the best CEOs and most powerful women, the University of Illinois Chicago graduate has also won awards for her philanthropic work. Women CEOs Who Made History | Reader's Digest - 2022 Fortune 500 rank: #189. As a woman who started working on oil rigs in Mississippi, it is no wonder Vicki Hollub feels at home as president and CEO at Occidental Petroleum, one of Texas' largest petroleum producers. - 2022 Fortune 500 rank: #381, The ailing home goods store named Sue Gove, who has been an independent director of Bed Bath & Beyond since 2019, as interim CEO in June 2022 in an attempt to turn around declining sales and problems with supply chain and inventory. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. This number is higher by three compared to 2021 when 41 women were occupying the role of CEO in Fortune 500 companies. Offers may be subject to change without notice. - Company: Best Buy In addition, only 30% of female corporate executives are with P&L (profit and loss) responsibilitiess, and this figure has remained unchanged compared to the previous year. The number of women CEOs in theFortune 500 has been rising steadily since 1998, when the only female chiefs of such corporate giants wereJill Barad of Mattel (MAT)and Marion Sandler, Co-CEO of Golden West Financial. She moved to the company from Ulta Beauty, where she had worked since 2013 as the executive chair and CEO. WBC is a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. - Company: Ross Stores And in November, demand for tickets to her 2023 Eras Tour overwhelmed Ticketmaster, prompting members of Congress to question the company's hold on concert sales. Michele Buck had experience spearheading some notable strategies at Kraft/Nabisco and the Frito-Lay division of PepsiCo before being appointed the first female CEO in the history of the Hershey Company in 2017, a company she joined in 2005. There Are 2 Black Women CEOs in the Fortune 500 - OBWS - Company: Centene Karen Lynch has more than three decades of experience in health care and, since 2021, has been the CEO of CVS Health, a company that serves more than 100 million through its pharmacies, minute clinics, and Aetna health insurance. The previous record was reached in September 2021, when 26.9% of new CEOs were women. The above figure may not seem like much, but believe it or not, its the highest recorded in history and marks a 7.3% growth compared to 2021. - Company: Jackson Financial ", - Company: Cummins A 30-year veteran of Jackson Financial, Laura Prieskorn has served as a leader in the company's executive, investment, and product areas. - 2022 Fortune 500 rank: #390. For her leadership during the Ukraine war, as well as her handling of the Covid-19 pandemic, von der Leyen sits atop the 19th annual Forbes list of the Worlds 100 Most Powerful Women. The following table highlights the distribution of Fortune 500 CEO roles according to gender from 2000 to 2021. - Company: CDW Changes on this year's list are admittedly less excitingbut still important. FORTUNE may receive compensation for some links to products and services on this website. Net sales in North America increased 14% to $7.5 billion in 2021, even during a global pandemic and volatile market. In 2022, Jennifer Rumsey became the first woman to lead Cummins, the world's largest maker of diesel engines for trucks and heavy duty vehicles, as president and CEO. - 2022 Fortune 500 rank: #359. American women suffered the greatest reversal of rights in the two decades of the list when the Supreme Court limited the right to an abortion. Warren Buffett breaks the mold again by taking home only $100,000 while ranking as the wealthiest of this wealthy crowd with a net worth of $50 billion. Her appointment led to one of the company's most successful years, growing revenue by almost 11% from 2016 to 2017. Before moving to Commercial Metals, the Purdue University graduate worked at Gerdau Ameristeel, FARO Technologies, and Alcoa Inc., where she taught herself to program in Cobol. Celanese Corp., a chemical and advanced materials producer, named Lori Ryerkerk as CEO in 2019, culminating a 35-year career in the petrochemicals and refinery industry. Before becoming CEO in 2022, she was executive vice president, chief investment officer, and head of enterprise risk and annuity solutions. stepped into the C-suite. Palmer, who survived a brain tumor, has more than 30 years of experience. - 2022 Fortune 500 rank: #226. Entrepreneurs India Women Meet the 11 Indian Women Among The World's Most Powerful CEOs By Anjali Krishnan December 26, 2021 Several Indian-origin women CEO are blazing a trail with their vision and leadership of major global companies. Mary T. Barra, General Motors Company. In 2020, women in the C-suite earned 75% less than their male counterparts. Warren Buffett, at 83, narrowly beats out Rupert Murdoch as the senior statesman of this elite group. With the departures of Avon's Sheri McCoy and Mondelez, Inc.'s Irene Rosenfeld, two female CEOs leading major companies, the number of women leading in the business world drops yet again. Youre a white guy. "It is a huge privilege to become CEO of an enterprise which I have helped to grow from a modest regional firm to what it is today, an admired leader in the American annuities market," the graduate of Central Michigan University said in a press release at the time. Penny Pennington began as a financial advisor for Edward Jones in 2000 and, by 2006, started to hold leadership roles. The role makes her one of just two Black female CEOs leading one of Americas largest 500 companies, and one of the most powerful women in finance. Before finance, Rasmussen served as a Department of Justice trial attorney and is respected for her acumen in both the legal and business spheres. Thats up from 8.2% last year, when women led 41 of the 500 companies, and six times their share two decades ago, when women led just seven Fortune 500 businesses. Deena Fidas, director of workplace equality at the Human Rights Campaign, noted, "This is not a story of someone getting into the higher echelons of leadership and then coming out, this is someone walking into this role with her full self. ", 13 Latest Wearable Technology Statistics and Trends, 11 Important Consulting Industry Statistics, 100 Best Side Hustles for Teens to Make Money, 10 Proven Psychological Pricing Strategies with Examples, 100 Office Etiquette Rules You Need to Know. She began her career at a fuel processing and fuel cell startup in Cambridge, Massachusetts, moved to Cummins in 2000, and was previously chief operating officer. Furthermore, 38% of these companies are led by a male chairperson and female CEO. Graham frequently found herself to be the only woman in a male-dominated room the newsroom in meetings and on the American Newspaper Publishers Association. 1015 15th ST NW The fabled manufacturer of elevators and escalators named Judy Marks president in 2017, and she became CEO in 2019. 10% Of Fortune 500 Companies CEOs Are Of Indian Ancestries, Says U.S. Saskia Jensen contributed reporting to this piece. ALL RIGHTS RESERVED. There is also a 65% chance you went on to a graduate degree. She led Otis to a spot as an independent publicly traded company on the New York Stock Exchange and is now in charge of its digital and cultural transformation. Centene provides health care to more than 26 million Americans. Gail Boudreaux has more than three decades of experience in the health care industry and, since 2017, has been president and CEO of Elevance (previously Anthem), the approximately 78 million-member health insurance provider. When she became CEO of HewlettPackard in 1999, Fiorina crossed off a new first for female CEOs. PM Modi Interacts With Women, Delhi Metro Passengers . Mary Dillon became CEO of Foot Locker in September 2022. All three of these women have retained their jobs, as have most other female CEOs who ran Fortune 500 companies at this time last year. One of "corporate America's most prominent women and black female executives," according to USA Today, she was chief operating officer at Starbucks from 2017 to 2021 and president and chief executive officer of Sam's Club, the membership-only retail warehouse club and division of Walmart Inc., from 2012 to 2017. Stacker distribution partners receive a license to all Stacker stories, But is this enough?! Undeniable, however, is the path of leadership, progress, and resolve each woman who has become a CEO has shown. In 2021, Thasunda Brown Duckett took the helm of TIAA, a retirement and financial services company for academic, research, medical and governmental workers. English. While it is unclear what exactly Novakovic did at the CIA, the success that defense contractor General Dynamics has seen under her leadership is undeniable. All Rights Reserved.Terms Trading cryptocurrencies is not supervised by any EU regulatory framework. New Apple CEO Tim Cook turned heads with a $380 million pay package in 2011 but has come back to earth with a little over $4 million in earnings in 2012. And so, compared to 2019, when women startup CEOs earned $0.96 for every $1 earned by men, the earnings of women running startups are now lower, or $0.86. Moreover, the number of women currently working as chief executives stands at 1,780, of which 85.9% are White, 5.9% are African American, 6.8% are Hispanic, and 6.7% are Asian. Cable News Network. Her new position is . Boudreaux appeared on Forbes' 100 Most Powerful Women in 2009 list. This is our principle: freedom is priceless.. - 2022 Fortune 500 rank: #420, Laura Alber took over the specialty home retailer Williams-Sonoma in 2010 after starting there in 1995 as a Pottery Barn senior buyer. Of the total four healthcare insurance companies listed on the Fortune 100, two are run by female and two by male CEOs. - Company: Hershey Company Best Buy named Corie Barry its CEO in 2019. ", - Company: Advanced Micro Devices - 2022 Fortune 500 rank: #373. From Leena Nair to Jayshree Ullal, they have all broken the glass ceiling. Pepsis (PEP)Indra Nooyi, Avon Products (AVP)Sherilyn McCoy and Cracker Barrels (CBRL)Sandra Cochran are among the 39% of Fortune1000 female chiefswith graduatebusiness degrees. European Commission president Ursula von der Leyen rose to the challenge. share our stories with your audience. After receiving a bachelor's and master's degree in industrial engineering from Purdue University, she earned a master's degree in management from Stanford University's graduate school of business. She has spent the past 15 years developing new medicines that could potentially change people's lives. The female Fortune 500 CEO population dropped in 2009, resurged, and nowits atan all-time high of 24. Work with Lynsi Snyder Abby Johnson, Fidelity Investments Top CEOs 2021 Ranking: #44 CEO Approval Rating: 94% Open Jobs: 4.9K As a first-time winner on the Top CEOs 2021 list, Abby Johnson is at the helm of investment firm Fidelity Investments and chairman of its international sister company Fidelity International (FIL). Yet, the new high still only translates to around 15 percent female representation at the top of the country's biggest public businesses. Women CEO statistics also reveal gender equality in the pharmacy and other services industry, computer software, and mail, package, and freight delivery industry. Throughout her career, she's held numerous company positions, from managing strategic accounts and planning to working in human resources, sales, and marketing. The first-ever womantowoman succession at Xerox also announced the promotion of Ursula Burns, a one-time Xerox intern who rose to the highest position in the company. Thirteen of the 24 female leaders of Global 500 businesses are also CEOs of Fortune 500 companies. Kathleen Mazzarella was named president and CEO at Graybar Electric in 2012. CNN . A record number of women are Fortune 500 CEOs - CNN Thirty-seven Fortune 1000 companies are managed by women. By the late 1890s, Queen Victoria herself insisted that Buckingham Palace be "Bisselled" to absolute cleanliness. After dipping in 2018 to 24, the past four years have marked new record highs for female Fortune 500 chiefs. Only 6% of Fortune 100 CEOs served in the armed forces. Sarah Nash is the interim CEO of Bath & Body Works and has been the company's executive chair since February 2022. She has a bachelor's degree from Illinois State University and completed the Wharton School of Business' advanced management program. If you dont react to the first violation of your rights, says Roya Boroumand, an Iranian historian and human rights activist, the second will come, and the third will come., MOIRA FORBES AND MAGGIE MCGRATH WITH NICOLETTE JONES AND ERIKA BURHO. Thirty-seven Fortune 1000 companies are managed by women. Sign up for Caroline Fairchilds daily newsletter on the worlds most powerful women atGetBroadsheet.com. The most recent announcements and female CEO facts point to April Koh, age 16, as the youngest unicorn CEO and co-founder of a mental healthcare service-providing company, Spring Health. Lauren Hobart is only the third CEO of Dick's Sporting Goods, following father-son partners Dick and Ed Stack, the company's founders. The Fortune 500 now has a record number of female CEOs: A whopping 38 By Alexis Benveniste Updated 4:09 PM EDT, Tue August 4, 2020 Link Copied! WOMEN BUSINESS COLLABORATIVE Morningstar: 2018 She used her leadership skills to move up the ranks, becoming senior vice president and merchandising manager for Ross Dress for Less in 2001 and was named CEO in 2014. London played Division I tennis at Harvard University, where she received a bachelor's degree in history and literature. Before becoming president and CEO at Franklin Resources Inc., Jennifer Johnson had managed all aspects of the global investment organization, including investment management, customer service, fund administration, and global technology. Thats just one more female CEO than at this time last year, when women ran 23 such businesses, or 4.6%. - 2022 Fortune 500 rank: #453. BY Emma Hinchliffe May 23, 2022, 4:00 AM PDT The share of woman-led Fortune 500 companies has hit a record high, with 44 female CEOs at the helm of some of the largest corporations in the U.S. - Company: Science Applications International The World's 100 Most Powerful Women 2022 - Forbes Meet The Worlds Most Powerful Woman: Ursula Von Der Leyen, President Of The European Commission, Why Janet Yellen Is About To Become Even More Powerful, From Christine Lagarde To Giorgia Meloni: The Most Powerful Women In Politics In 2022, Mahsa Amini: The Spark That Ignited A Women-Led Revolution, How Some Of The Worlds Most Powerful Women Are Fighting For Reproductive Rights, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. - Company: PG&E FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. You can email the site owner to let them know you were blocked. - Company: Kohl's The majority of that small percentage are white women. During her tenure, she was part of several key acquisitions and the development of Franklin Templeton's exchange-traded fund business. [emailprotected]. A graduate of the University of Toronto with a degree in actuarial science, Manning joined RGA in 2007 after 19 years with Towers Perrin. For two decades we've been sharing impartial, expert content with our global audience. Home Statistics Fortune 100 CEO Statistics and Demographics. - Company: Citigroup From giants like Best Buy, Rite Aid, and Kohl's to the most influential defense, insurance, and financial companies, more powerful corporations are being headed by the most powerful women. According to Fortune, 8.2% of Fortune 500 CEOs were women in 2021; 41 female CEOs led companies indexed by the S&P 500 as of Q1 2021; 6.17% of FTSE 100 Index CEOs were women in 2020; and 10% of ASX200 (Australian Securities Exchange) CEO positions were held by women between 2015 . S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Previously she served as chief operating officer and senior vice president of AMD's global business units. You are probably a boomer. Not a surprising revelation but the sheer dominance is surprising after decades of programs and progress at leveling the field. Cloudflare Ray ID: 7e2092121ecb3660 Maybe you arent the Larry Ellison type with a weakness for insanely expensive toys, or the modest master of Omaha, but who are you? Kim Bowers at conveniencestore retailer CST Brands (CST)and Meg Whitman at Hewlett Packard (HPQ)are among thefew Fortune 1000 women CEOs who were recruitedfrom the outside. At least a bachelors. So thats you, Mr. CEO. Specialty retailers lead the list ofcompanies with women chiefs. As of March, there were 74 female CEOs employed at America's 500 highest-grossing companies, up from 41 in June of 2021 and only 7 in 2002. Stacker looked at all the women CEOs of the 2022 Fortune 500 companies. Griffith held key leadership positions during her years with the insurance company. For Mathilde Collin, the CEO of Front, one of the newcomers to the 2022 Cloud 100 list that is ranked at 100, the dearth of women in the space is shocking.