The company, led by CEO Karen Lynch, is ranked No. Envoy To India . Nazzic Keene was named Science Applications International's CEO in 2019. 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. Lisa Su is a Taiwanese American executive who became the semiconductor company Advanced Micro Devices CEO in 2014, two years after joining the company. 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. - Company: Walgreens Boots Alliance 10% Of Fortune 500 Companies CEOs Are Of Indian Ancestries, Says U.S. Some links are affiliate links. 2. At Duke Energy, she is committed to pursuing aggressive clean energy strategies to help meet ambitious climate goals. 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. There are some new female leaders of Global 500 companies this year. In all there were 41 different institutions that had what it took to give you your head start up the corporate ladder. There Are 2 Black Women CEOs in the Fortune 500 - OBWS New Best Buy head is youngest female CEO in Fortune 100 Thirteen of the 24 female leaders of Global 500 businesses are also CEOs of Fortune 500 companies. 16. Women Corporate Tech Executives in America, Women Leading Boards April 2022 Special Report. Furthermore, 38% of these companies are led by a male chairperson and female CEO. 50% of the healthcare insurance industry is run by women. From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors, Fortune 100 CEO Statistics and Demographics, 100 Powerful Money Affirmations for Financial Abundance, Harley Davidson SWOT Analysis (2021): 27 Strengths, 125 Powerful Morning Affirmations to Start Your Day, "From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors. 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. CEOs Carol Meyrowitz atTJX (TJX)and Mindy Grossman atHome Shopping Network (HSNI)are among the nine women headingretail giants. 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. Your capital is at risk. - Company: Kohl's Over the last decade, theres been a dramatic shift in CEO replacements in favor of women. - 2022 Fortune 500 rank: #18. Terms & Conditions. At Bath and Body Worksthe former L BrandsSarah Nash took over this month as interim CEO after her predecessor stepped down for health reasons. Falguni Nayar worked as an investment banker for two decades, leading IPOs and helping other entrepreneurs achieve their dreams. The previous record was reached in September 2021, when 26.9% of new CEOs were women. They include Tan Sin Yin, co-CEO for China's Ping An Insurance; Roz Brewer, CEO of Walgreens Boots Alliance; Mittal of Oil & Natural Gas; and Duckett of TIAA. The result is a collection of women who are fighting the status quo. The Fortune 500 traditionally has had a higher representation for female CEOs than its global counterpart. An internship in a digital marketing agency during her freshman year of university got Tina into content. Early in her career, while working at McDonald's, she learned about marketing and customer service from the company's founder, Ray Kroc. WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- On the occasion of National Women's Business Day, Women Business Collaborative (WBC), Ascend, C200 and Catalyst have released the third annual report. Gove, who has more than 30 years of experience in the retail industry and is the president of Excelsior Advisors, a retail consulting and advisory firm, called for "careful management of costs, greater supply chain reliability, prudent capital spending, a stronger balance sheet, and robust digital capabilities. 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. Visit Moneyzine UK to learn more about the. - 2022 Fortune 500 rank: #4. You probably didnt serve in the military. 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. Representing the protesters on this years list is Jina Mahsa Amini, whose death in September sparked the unprecedented women-led revolution. Either that or the head hunters came calling and poached you over from a top job at another company. Castro campaigned for the presidency on a platform that included protecting and expanding women's rights, but nearly one year into her tenure, feminist activists are losing hope that she will deliver on these promises. Fewer than half of the womenCEOs in the Fortune 1000have MBAs. And heres what we found: There are 24 women CEOs in the Fortune 500 and 27 in the Fortune 1000. - Company: United Parcel Service PM Modi Interacts With Women, Delhi Metro Passengers . 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.. An outstanding accomplishment for both men. The slow progress is in line with the Fortune 500, which ranks the largest companies by revenue in American business. FORTUNE may receive compensation for some links to products and services on this website. - 2022 Fortune 500 rank: #359. Women CEOs Who Made History | Reader's Digest Undeniable, however, is the path of leadership, progress, and resolve each woman who has become a CEO has shown. She joined Dick's in 2011 as senior vice president and chief marketing officer and has driven the company's technology and e-commerce strategies. - 2022 Fortune 500 rank: #399. List of women CEOs of Fortune 500 companies - Wikipedia Nearly three decades ago, two women (Marion O. Sandler, in charge of Golden West Financial Corporation, and Linda Wachner from Warnaco Group Inc.) made history by making it among the CEOs of the top 1000 largest companies in the US. Here are the top 46 women who have made the list. In reality, women in C-suite roles earned as low as $0.75 for every $1 earned by their male counterparts. The number of female executives has increased since 2000, but the distribution is uneven, with men holding most positions. After more than 20 years at ExxonMobil, Ryerkerk has served as executive vice president of global manufacturing at Royal Dutch Shell since 2010. Indra Nooyi, the Female Indian-American CEO of PepsiCo is nearly the sole symbol of diversity in this club. 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. In a dramatic twist of events, Phebe Novakovic's previous experience includes something far more exotic: espionage. Hollub is leading the company in its focus on creating a carbon-neutral production model and seeking federal legislation to increase carbon capture. This number is higher by three compared to 2021 when 41 women were occupying the role of CEO in Fortune 500 companies. Previously, she was the consumer tech giant's chief financial and strategic transformation officer. Global 500 CEOs (from left) Emma Walmsley of GSK, Amanda Blanc of Aviva, and Tan Sin Yin of Ping An. Morningstar, Inc. All Rights Reserved. "It's rare just to have a woman CEO," she says. This website is using a security service to protect itself from online attacks. Von der Leyen is just one face of the biggest storyline of 2022: women acting as stalwarts for democracy. The most common college major among women CEOs in the Fortune 1000 is engineering. CEOs born between 1946 and 1964 dominate the boardrooms of Fortune 100 companies with only a handful of exceptions. After CVS, which ranks at No. English. share our stories with your audience. - 2022 Fortune 500 rank: #390. - Company: General Dynamics - 2022 Fortune 500 rank: #91. Marks, who has a degree in electrical engineering from Lehigh University, previously held leadership positions at IBM, Lockheed Martin, and Siemens AG. In the meantime, even though women outperform men in many aspects of leadership, they still must work harder to change the profile of these companies to include more of them in C-level positions. There is a good chance that you bounced around in all kinds of capacities in the company but you probably hit your stride working in finance or operations. Barbara Smith, chair, president, and CEO, joined Commercial Metals Co., a manufacturer and recycler of steel and metal, as a senior vice president and chief financial officer in 2011. The fabled manufacturer of elevators and escalators named Judy Marks president in 2017, and she became CEO in 2019. It seems that women arent advancing to corporate leadership as fast as they ought to considering that, in 2012, there were 18 Fortune 500 companies ran by women. - 2022 Fortune 500 rank: #149. All times are ET. In other words, the percentage of women CEOs in charge of these companies noted a 17.72% growth between 2021 and 2022. Today, at the Forbes Women Conference in New York City, we launched 10025, a Rockefeller Foundation-funded campaign to get 100 female CEOs leading Fortune 500 companies by 2025. 10 Women CEOs are 7.3% of Fortune 1000 11 Since January 2020, there has been an addition of 7 women CEOs to the Fortune 1000. You can email the site owner to let them know you were blocked. Ellen Cooper this month will become CEO of Lincoln National, the $19.2 billion financial services business where she has spent a decade as chief investment officer. Before joining Zoetis in 2012, Peck served as the executive vice president of worldwide business development and innovation at Pfizer, where part of her scope involved strategizing the company's animal health business. - 2022 Fortune 500 rank: #25. 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. The company has become the country's fifth-largest home builder through mergers and acquisitions. Mary Barra started her career as a co-op student at the General Motors Institute when she was 18, and 34 years later, in 2014, she became the first woman to be named CEO of a major global automaker. Offers may be subject to change without notice. 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. - 2022 Fortune 500 rank: #168. The list was determined by four main metrics: money, media, impact and spheres of influence. - 2022 Fortune 500 rank: #453. She has a bachelor's degree from Illinois State University and completed the Wharton School of Business' advanced management program. The current head of the fast-food holding company is one of China's most powerful business leaders and one of the most influential women in global business. Taylor Swift broke records and Ticketmasters website this year. Schnitzer Steel Industries (SCHN)chief Tamara Lundgren has the most unusualmarital setup: Her husband isStanley Black & Decker (SWK)CEO John Lundgren, a fellow Fortune 500 CEO. By the end of 2022, women were managing just 33 of the S&P 500 companies. She moved to the company from Ulta Beauty, where she had worked since 2013 as the executive chair and CEO. - 2022 Fortune 500 rank: #90. 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. Some 57 women CEOsfrom 41 Fortune 1000 companies and 16 large privately held companieswere interviewed and given detailed assessments over the spring and summer. This website does not provide investment, financial, legal, tax or accounting advice. - 2022 Fortune 500 rank: #484. Sarah Nash is the interim CEO of Bath & Body Works and has been the company's executive chair since February 2022. And yet, women remain underrepresented in the higher echelons of the business world, especially those of color. In reaction, female voters energized U.S. midterm elections. - Company: PG&E The latest male vs female CEO statistics show that of the total 1,236 replacements, a little under 26.86% were made by women. Linda Rendle became the CEO of Clorox in 2020 after nearly 20 years with the company. Corie Barry, Best Buy Co., Inc. She was previously CEO of Chase Consumer Banking and Chase Auto Finance, the national retail sales executive for Chase Mortgage Banking, and the director of emerging markets at Fannie Mae. Female CEOs join the rarified group when theyre hired or promoted into the chief executive job, or if their company makes the Fortune 500 as a new entrant. Kathleen Mazzarella was named president and CEO at Graybar Electric in 2012. Home Shopping Networks Mindy GrossmanandTJXs Carol Meyrowitz are among the CEOs who generated the highest returns during their respective tenures. In her own words, her career path has allowed her to learn Graybar's business from the bottom up. 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. - Company: Progressive Ratan Tata's Monsoon Plea To Save Stray Animals Taking Shelter Under 2023 Fortune Media IP Limited. Christel Heydemann became CEO of the French telecommunications business Orange in April. So thats you, Mr. CEO. At present, according to data from the US Bureau of Labor, women are managing a total of 40.5% of US companies which translates to 20,199 women currently working in managerial positions. Lynn Good became CEO of Duke Energy in 2013, and less than a year later, she was dealing with a worst-case scenariothousands of tons of coal ash were spilling into the Dan River in North Carolina. - Company: Best Buy That same year, Business Insider named her as one of 10 people transforming health care. Maybe you arent the Larry Ellison type with a weakness for insanely expensive toys, or the modest master of Omaha, but who are you? Graphicsdesigned by Analee Kasudia and Nicolas Rapp. Female Fortune 500 CEOs tend to be wives and moms. Alber has brought a unique approach to business, which she called a "willingness to blend art with science, ideas with data, and instinct with analysis. FORTUNE may receive compensation for some links to products and services on this website. 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 Jackson Financial joined the Fortune 500 this year after its 2021 separation from British financial services business Prudential; CEO Laura Prieskorn has led the business since February 2021. - Company: Jackson Financial distribution partner, email us at Fortunes data on the matter goes back to 2014, when 17 Global 500 businesses were run by female CEOs. In 2012, she decided to work for herself, investing $2 million of her own savings to launch beauty and retail company Nykaa. 10 Top Women CEOs - Investopedia The Fortune 500 now has a record number of female CEOs: A whopping 39 - CNN CEOs born between 1946 and 1964 dominate the boardrooms of Fortune 100 companies with only a handful of exceptions. "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. - Company: Jones Financial (Edward Jones) Finally, workplace diversity statistics reveal that the percentage of privately owned companies managed solely by men is lowest at 23%. Texas boasts the mostFortune 1000 companies (103), but New York has the most bigcorporationsledby women (seven). Not on the 2016 list, Anna Manning drove the Reinsurance Group of America to the 2017 Fortune 500 list after assuming CEO in January 2017. - Company: Foot Locker Top Female CEO Statistics and Facts. - Company: Northrop Grumman 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%. 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. The list was determined by four main metrics: money, media . The number of women running Fortune 500 companies has hit an all-time record of 37. She joined the company in 1988 and took over the top spot in 2020. Terms & Conditions. The female CEO rate in the motor vehicles and parts industry is 33.3%. The action you just performed triggered the security solution. - 2022 Fortune 500 rank: #148. Female CEO statistics reveal that, as of July 2022, 44 Fortune 500 have women as chief executive officers. The number of women CEOs listed had reached an alltime high: 32 in a single year. 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. 10% Of Fortune 500 Companies CEOs Are Of Indian Ancestries, Says U.S. - Company: Celanese Women CEOs of the S&P 500 - Catalyst In 2015, 39.2% of companies in the US were managed by women. Centene provides health care to more than 26 million Americans. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Get inspired! With many educational accomplishments, she has a Bachelor's degree from Vassar College, a . COPYRIGHT 2022 WOMEN BUSINESS COLLABORATIVE. A total of 186 Russell 3000 companies have female chief executive officers. - 2022 Fortune 500 rank: #351. Named Thrivent Financial's CEO in October 2018, Teresa Rasmussen was the first woman to hold that role in the company's history after 13 years as general counsel, secretary, and senior vice president. Jun 30, 2023,04:14pm EDT Avoiding Financial Disaster In Widowhood: Essential Steps For A Secure Future Forbes Leadership ForbesWomen Welcome, Wonder Women: Two Fortune 500 African American CEOs. All rights reserved. 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. Women CEO statistics also reveal gender equality in the pharmacy and other services industry, computer software, and mail, package, and freight delivery industry. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. 8.8% Fortune 500 CEOs are women - the highest of all indices Only a handful of female CEOs of Global 500 companies are women of color. She took it public in 2021 and became Indias richest self-made woman. And even though the data is not strictly limited to male vs female CEO attitudes, statistics show women perform much better in a crisis. All Rights Reserved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. The Top Women CEOs in America | Stacker In a recent conversation with CNNMoney's Poppy Harlow, Burns says she sees the current age as "a time of power" for women in tech. By the late 1890s, Queen Victoria herself insisted that Buckingham Palace be "Bisselled" to absolute cleanliness. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. More women CEOs in the Fortune 1000 are hired internallythan at S&P 1500 companies. A finance and marketing graduate from the University of Houston with an MBA from Baylor University, she founded the Otis and Rosie Brown Foundation in honor of her parents and is passionate about helping communities of color close achievement gaps. There are 31 women CEOs in the Fortune 1000, as of September 2021. Previously she served as chief operating officer and senior vice president of AMD's global business units. She has a bachelor's degree in applied behavioral sciences and a master's degree in business administration. You are probably a boomer. 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. Of Fortune's Global 500 companies, women head just 24, or 4.8%. - 2022 Fortune 500 rank: #187. The latest data reveals that 6.2% of all CEOs in the Russell 3,000 are women. 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. In fact, 110 of the new chief executives were women who replaced women, while 130 were men replacing women. She previously held executive positions at General Dynamics and the Veridian Corporation and worked in commercial industries at the General Electric Company. Boudreaux appeared on Forbes' 100 Most Powerful Women in 2009 list. and/or its affiliates. FORTUNE may receive compensation for some links to products and services on this website. - 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. A leader in land acquisition, sales and marketing, development, and operations management, Sheryl Palmer is chair and CEO of Taylor Morrison, a Scottsdale, Arizona-based homebuilder and developer. ladimir Putins unprovoked invasion of Ukraine was a defining moment for Europe. - Company: Clorox Ellen Cooper joined Lincoln National in 2012 and helped to develop investment strategy, overseeing more than $300 billion in assets. Her influence is uniqueno one else on the list formulates policy on behalf of 450 million peoplebut her commitment to a free and democratic society is not. [emailprotected]. The Worlds 100 Most Powerful Women 2022: Is Womens Power In Peril? Alka Mittal took over India's Oil &. PM Modi Interacts With Women, Delhi Metro Passengers . All rights reserved. Women occupy only 29.2% of the chief executive roles in the US. The Fortune 500 now has two Black women CEOs. That's actually an - CNN Power Rising: These Are The Women To Watch In 2023. You are probably a boomer. Yes, it's Carly Fiorina former Republican presidential candidate and Ted Cruz's former running mate. We feature someof these female super-achieversin theFortune Most Powerful Women rankings,but neither that annual list nor the Fortune 500 tells you what these leaders have in common, besides big jobsand big paychecks and gender. 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. - Company: Zoetis To publish, simply grab the HTML code or text to the left and paste into Female Fortune 500 CEOs reach an all-time high, but it's still a small 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. The Minnesota native joined the company in 1999 and has managed over 81,000 employees and over $47 billion in annual revenue. Joey Wat reached the Fortune 500 in 2019, one year after becoming Yum China's CEO. Morningstar: 2018 The Most Surprising Female Ceos Statistics And Trends in 2023 Throughout her career, she's held numerous company positions, from managing strategic accounts and planning to working in human resources, sales, and marketing. In 2020, women in the C-suite earned 75% less than their male counterparts. 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