One trillion dollars in stock market valueOne trillion dollars in stock market value. That's what just the 27 CEOs on The Fortune Most Powerful Women list control. But there are 24 more women on our 18th annual list—including a special bonus pick whose name you know already. Read on to see who made it—and who didn't. 9. Irene Rosenfeld, 62Chairman and CEO, Mondelez InternationalActivist investors Nelson Peltz and Bill Ackman put pressure on Rosenfeld to break Kraft into two companies in 2011. Now Rosenfeld, who runs the resulting $34 billion global snack business, is facing off against both men again. Peltz, who has a board seat, and Ackman, who announced a $5.5 billion (about 7.5%) stake in the company in August, are pressing her to cut costs and increase revenue. She’s already implemented zero-based budgeting and closed old factories, which have boosted margins. Personal Information Previous Rank 7 Newcomer? NO Company Financials 2014 Revenues 34,244 2014 Profits 2,184 Market Value (as of 9/1/15) 66,080 8. Sheryl Sandberg, 46COO, FacebookSandberg’s vision of Facebook as a mobile advertising giant is finally becoming a reality. Facebook’s profits nearly doubled in 2014, to $2.9 billion, and mobile ad revenue now comprises 76% of its total ad sales, up from 62% in the second quarter of 2014. The next chapter in Sandberg’s monetization strategy involves attracting more advertisers to viral photo-sharing app Instagram, which now counts 300 million users. Facebook is also moving to capitalize on the social network’s 4 billion video views a day. In May, Sandberg suffered the tragic loss of her husband, technology executive Dave Goldberg. She took his seat on the board of his company, SurveyMonkey, in July. Personal Information Previous Rank 10 Newcomer? NO Company Financials 2014 Revenues 12,466 2014 Profits 2,940 Market Value (as of 9/1/15) 245,908 n 7. Meg Whitman, 59CEO, Chairman, and President, Hewlett-PackardBy Nov. 1, Whitman will have executed one of the highest-profile separations in corporate history, splitting the beleaguered Hewlett-Packard into two divisions: HP Enterprise, which includes server, storage, and networking products and which she will continue to run, and HP Inc., the PC and printer arm. The road to separation has been rocky for Whitman, filled with layoffs, executive shuffles, and a 30% decline in the stock price this year. Personal Information Previous Rank 6 Newcomer? NO Company Financials 2014 Revenues 111,454 2014 Profits 5,013 Market Value (as of 9/1/15) 50,236 . Abigail Johnson, 53
CEO and President, Fidelity Investments
In October 2014, in a long-anticipated move, Abby Johnson succeeded her father, Ned, as CEO of the nation’s second-largest fund manager. That puts her in charge of assets totaling $5.3 trillion. She’s already cut costs and made major staffing changes—demonstrating that she’s not afraid to shake things up. Johnson will need to nurture that bold streak to keep the company moving forward: The trend away from funds run by stock pickers—Fidelity’s bread and butter—cost it $16 billion worth of business in 2014. Personal Information Previous Rank 9 Newcomer? NO Company Financials 2014 Revenues 14,900 2014 Profits - Market Value (as of 9/1/15) - Ellen Kullman, 59
Chairman and CEO, DuPont
Kullman notched a major (and rare) win against an activist in May when her shareholders voted down Nelson Peltz’s proxy fight to split up DuPont and nominate his candidates to its board. Still, you can’t fault his attempt to shake things up; revenue declined slightly last year to $36 billion, while profits sank 25% to $3.6 billion. The chemicals conglomerate took a page from Peltz’s playbook when it spun off its Chemours subsidiary in July. Kullman maintains it was her own idea all along. Personal Information Previous Rank: 5 Newcomer?: NO Company Financials (Millions) 2014 Revenues: 36,046 2014 Profits: 3,625 Market Value (as of 9/1/15): 45,260 Marillyn Hewson, 61
Chairman, CEO, and President, Lockheed Martin
As federal agencies have scaled back spending on information technology, Hewson has shifted the focus of the $45.6-billion-in-sales defense giant toward building military hardware. She’s also considering shedding Lockheed Martin’s government IT and technical services businesses. In July, to give the company its own helicopter-building capability, the 32-year Lockheed vet announced the $9 billion purchase of Sikorsky Aircraft, the maker of Black Hawk helicopters. Since taking over as CEO in 2013, Hewson has doubled Lockheed’s market cap. Personal Information Previous Rank: 4 Newcomer?: NO Company Financials (Millions) 2014 Revenues: 45,600 2014 Profits: 3,614 Market Value (as of 9/1/15): 61,368 Ginni Rometty, 58CEO, Chairman, and President, IBMDespite Big Blue’s seemingly unstoppable revenue slide—it hasn’t reported a year-over-year sales increase in 13 quarters, and 2014 revenue fell 6% to $92.8 billion—Rometty remains atop IBM, though no longer the MPW list. Since taking on the CEO role in 2012, Rometty has shelled out $8.5 billion for more than 30 companies (the latest: Merge Healthcare, snapped up in August for $1 billion). She is restructuring the company to focus on technologies such as Watson, a cognitive computing system, and the cloud. Personal Information Previous Rank: 1 Newcomer?: NO Company Financials (Millions) 2014 Revenues: 92,793 2014 Profits: 12,022 Market Value (as of 9/1/15): 139,759 2. Indra Nooyi, 59Chairman and CEO, PepsiCoNooyi marks her ninth year atop the $66.6 billion snack-and-drink behemoth in a stronger position than she’s been in for a long time. She beat back a challenge from activist investor Nelson Peltz, landed a big marketing deal with the NBA, and managed to post 4% organic revenue growth in 2014 even as consumers’ tastes have shifted toward kale and quinoa. She removed aspartame from Diet Pepsi this year—and has boosted R&D growth accordingly. Yet people are still eating Lay’s—also good news for Nooyi. Personal Information Previous Rank: 3 Newcomer?: NO Company Financials (Millions) 2014 Revenues: 66,683 2014 Profits: 6,513 Market Value (as of 9/1/15): 134,163 Mary Barra, 53
CFO, General Motors
In her second year as head of the nation’s largest auto-maker, Barra—in the top spot this year—has led the $156-billion-in-sales company out from under the shadow of its 2014 ignition-switch recall. Barra spent $2.9 billion on recalls, which dropped 2014 profits 26%. Yet in recent months she has beaten back headwinds from weak international markets, as sales of expensive trucks and SUVs have soared. Barra was one of the few female CEO participants in the viral #ilooklikeanengineer Twitter campaign, which promoted women in tech. Personal Information Previous Rank: 2 Newcomer?: NO Company Financials (Millions) 2014 Revenues: 155,929 2014 Profits: 3,949 Market Value (as of 9/1/15): 45,366 Visit Fortune to see the full list of the 50 most powerful women. |
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