Fortune 500 Company: DuPont. Best Universities collected information on the schools that the top 10 women Fortune 500 CEOs attended, using company websites, news coverage, and LinkedIn. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. The Tuesday appointment of Lauren Hobart as the new chief executive of Dick's Sporting Goods Inc. DKS -1.12% brings the number of women running the . A decade ago in a Forbes article I wrote that we needed to have 50 Fortune 500 women CEOs. 2022 Fortune 500 List - Download Free Excel Spreadsheet List BOGO Offer. . About The Author. According to USA Today, only 16 women have headed up Fortune 500 companies at the same time. Became CEO: January 2009. 44 companies on the 2022 FORTUNE 500 are led by women CEOsan all-time high. "If not us, who?" Apple 4. She's glad to be back, saying, "Cancer is scary, but the climate crisis is scarier." Ascendis the largest Pan-Asian business professional membership organization in North America dedicated to driving workplace and societal impact by developing and elevating all Asian and Pacific Islander (API) business leaders and empowering them to become catalysts for change. TIAA, a Fortune 100 financial services. The findings are based on a survey of 600 U.S. and European data leaders. After CVS, which ranks at No. Youre on your own to figure that out.. One of only two Black female CEOs in the Fortune 500, she works to break down barriers to financial security for all. Here are 3 skills leaders need to navigate uncertainty, according to LinkedIn. The Broadsheet is Fortunes newsletter for and about the worlds most powerful women. THE TOP TEN COMPANIES ON THE 2022 FORTUNE 500 LIST ARE: 1. But don't bust out the bubbly. 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. In a new feature for the December/January issue of Fortune, I dive into how PepsiCo has turned so many executives into the leaders of todays corporate America. There are 39 women CEOs in the Fortune 500, as of September 2020.7. Veteran economist Nouriel Roubin, professor emeritus at New York Universitys Stern School of Business and the CEO of Roubini Macro Associates, told Fortune. In late October, 25-year-old Shanquella Robinson from North Carolina traveled to San Jos del Cabo. The number of women CEOs of Fortune 500 companies increased by 10.8% since last year. And, as of July, 16% of CFOs are women, compared to 15.1% in 2021. As of March 2022, she is one of two Black women CEOs currently leading Fortune 500 companies. New York Times, - On the front lines. The number of female CEOs in the Fortune 500 has hit a new record May 22, 2019. . Sep 22, 2022, 07:00 ET WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- On the occasion of National Women's Business Day, Women Business Collaborative (WBC), Ascend, C200 and Catalyst have. Lauren Hobart, Beth Ford and Mary Dillonthree alumnae of PepsiCo who became Fortune 500 CEOs. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell My Personal Information| Ad Choices This past year, the index gained five women CEOs.8. One of only two Black female CEOs in the Fortune 500, she works to break down barriers to financial security for all. Coty chief Sue Nabi and Nasdaq CEO Adena Friedman made the list last year but don't appear this year, though they do still hold their CEO titles; their companies simply fell off the Fortune 500. * Women currently hold 32 (6.4%) of CEO positions at those S&P 500 companies. What do Dicks Sporting Goodss Lauren Hobart, Hersheys Michele Buck, Land OLakess Beth Ford, and Foot Lockers Mary Dillon all have in common? Michelle Gass, chief executive officer of Kohl's Corp. Sarah Silbiger/Bloomberg via Getty Images, several bruising battles with activist investors, The 2022 AFP FP&A Survey: Measuring Agility in FP&A, Elon Musk is selling Twitter HQs espresso machines, Eames chairs, and sculptures in a giant auction, Elon Musks Neuralink staff claim his demands to rush brain implant trials led to the needless deaths of 1,500 animals, Men are dropping out of the labor force because theyre upset about their social status, according to a new study, CA Notice at Collection and Privacy Notice. Aside from Brewer and Duckett, women of color who run Fortune 500 companies include Gap Inc. CEO Sonia Syngal, Advanced Micro Devices CEO Lisa Su, Yum China CEO Joey Wat, and Vertex Pharmaceuticals CEO Reshma Kewalramani. --Kimber Maderazzo, Chair, C200. The number of Black CEOs is at an all-time high, per the 2022 Fortune 500 rankings, totaling to six Black chief executives (just over 1% . FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. CNN . The report insights and analysis outline the 10 accelerators business and society can do to ensure that the number of women CEOs rise. Before C&J, van Gaalen was CFO of Kennametal, a global provider of metalworking products and tools. How do you become CEO? "We need to defend our children," one volunteer says. All Rights Reserved. - Tragic investigation. By Vanessa Fuhrams. . Under Gasss watch, sales at Kohls typically hovered near $19 billion, except for 2020, when COVID decimated sales, Wahba writes. Hispanics sp 500. The slow progress is in line with the Fortune 500, which ranks the largest companies by revenue in American business. There is tremendous growth in the number of women starting businesses. (Male PepsiCo alums currently leading Fortune 500 companies include the CEOs of Target, McDonalds, Albertsons, and Delta Air Lines.). She began her career at GE Capital in the Financial Management Program and held various finance and regulatory positions of increasing responsibility over her 18-year career at that company. Van Gaalen most recently served as interim CFO at OneSpan, a digital agreements security software company. Congratulations to our CEO Thasunda Brown Duckett, one of Fortune's 2022 Most Powerful Women. 2022 Fortune Media IP Limited. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Mentors and Sponsors Matter. Subscribe here. Terms & Conditions. We are more than ready and will bring to the positions not only multicultural and multi-faceted perspectives, experiences, and wisdom, but the fortitude and resilience from having had to forge through multiple barriers and glass ceilings along the way all strengths that will help our companies thrive in an increasingly complex and interconnected world!" FORTUNE may receive compensation for some links to products and services on this website. Alka Mittal took over Indias Oil & Natural Gas Corp. on an interim basis in January. On May 1, TIAA welcomes Thasunda Brown Duckett, its first African American female CEO and the fourth Black woman CEO in a Fortune 500 company. Washington Post. 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. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. 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. CFO Jill Timm is staying with the company, a Kohls spokesperson told me. While the numbers rise in the Fortune 500, the promotion of women of color lag across the indices which include the Fortune, S&P 500 and Private companies. Leadership. According to executive search firm Crist Kolder Associatess volatility report, as of July 31, 7.3% of CEOs in the Fortune 500 and S&P 500 are women, compared to 6.9% in all of 2021. Congratulations to our CEO Thasunda Brown Duckett, one of Fortune's 2022 Most Powerful Women. The women chose to attend to show "they are still here and that they matter," their attorney said. The revenue threshold for 2022 FORTUNE 500 list was $6.4 billion, . As of the Fortune 500s publication in May, women ran 44 companies on the list, up slightly from 41 a year earlier. New York Times, Sisters of the moon: Christine McVie and Stevie Nicks' unbreakable bondRolling Stone, The strength of the 'soft daddy' The Atlantic, Why Roberts and Kavanaugh got so furious at Biden's solicitor generalSlate. Courtney E. Sacchetti was named EVP and CFO at Bankwell, effective Jan. 1, 2023. All Rights Reserved. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Powered and implemented by Interactive Data Managed Solutions. Global 500 Female CEOs run just 4.8% of the world's largest businesses on the. PepsiCos system makes it clear whats needed to ascend to its upper echelons. One of only two Black female CEOs in the Fortune 500, she. For more information and to download a copy of the report, visit www.wbcollaborative.org. Tom Kingsbury, a company director and the former CEO of Burlington Stores, was appointed theinterim CEO at Kohls while the company looks for a permanent replacement for Gass. News outlets reported yesterday, based on comments from Iran's attorney general, that Iran had abolished its morality police, a target of the women's rights protests of the past several weeks. 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. Lauren Hobart, Beth Ford and Mary Dillonthree alumnae of PepsiCo who became Fortune 500 CEOs. The report was highlighted on Day Two of the WBC Action For Impact Annual Summit. Published by Statista Research Department , Sep 30, 2022. Best Universities collected information on the schools that the top 10 women Fortune 500 CEOs attended, using company websites, news coverage, and LinkedIn. She's on "The David Rubenstein Show . After dipping in 2018 to 24, the past four years have marked new record highs for female Fortune 500 chiefs. As the number 4 company on the Fortune 500 list overall, CVS Health's Karen Lynch also became the highest-ever ranked female CEO. Although Fortune's entire 2022 report looks at 1,000 companies, which features 83 women CEOs, this list only highlights the 46 who appeared on the Fortune 500. Powered and implemented by Interactive Data Managed Solutions. Women make up 58% of the American workforce, but when it comes to leadership positions at . Her salary is reportedly $8 million a year and her net worth primarily comes from stock trades. She started off her tenure by creating a viral TikTok audio clip, in which she promised that "the rats don't run this city, we do." With so many PepsiCo alumni mimicking the companys leadership development programs at the corporations they end up running, the playing field for women could be leveled at organizations beyond the drinks and snacks giant. Make Your Money Work Better for You Rosalind Brewer: Walgreen's Boots Alliance Rosalind Brewer was appointed the CEO of Walgreens Boots Alliance in March 2021 and is one of the two Black women who have led a fortune 500 company. 10 on the Global 500 and No. Weve made steady progress, but its nowhere near the speed wed like it to be, says Lorraine Hariton, president and CEO of the womens leadership nonprofit Catalyst. Its community includes the most successful women entrepreneurs and corporate business leaders who have joined together to change the face of business leadership. November 3, 2022. The game was Watson's first regular season game after an 11-game suspension. According to Fortune, the following is the list of the top 10 highest-paid female CEOs of 2021 and their companies: Karen Lynch, CVS Health Jane Fraser, Citigroup Julie Sweet, Accenture Carol Tom, UPS Mary Barra, General Motors Rosalind Brewer, Walgreens Boots Alliance Gail Boudreaux, Anthem Abigail Johnson, Fidelity Investments Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Jane Fonda is back in Washington, D.C., to protest inaction on climate change. In total, FORTUNE 500 companies represent two-thirds of the U.S. GDP with $16.1 trillion in revenues (up 17%), $1.84 trillion in profits (up 114%), $37 trillion in market value (up 13%), and. November 1, 2022. As the C-suite turnover continues across corporate America, one fewer Fortune 500 company will have a CEO and CFO who are both women. NPR, - Rats don't run this city. Through collaboration, advocacy, action, and accountability, we mobilize thousands of diverse professional women and men, business organizations, public and private companies to accelerate change. General Motors CEO Mary Barra announces a $7bn investment, the largest in the company's history, in electric vehicle (EV) and battery production in Michigan on 25 January 2022. Only six of the top 500 companies have an African-American CEO, or just over 1%. For example, agile finance leaders are more than 50% faster at re-forecasting than their peers, requiring an average of 9.4 days to re-forecast compared to 14.5 for others in their field, the research found. Only a handful of female CEOs of Global 500 companies are women of color. Women are grossly under-represented in leadership positions in Fortune 500 companies, but GM, UPS and Oracle show what can be achieved by having a female CEO. The minimum annual revenue to make the list was $6.39 billion this year. The number of women running companies on the Fortune 500 list didn't rise above two or three for most of the 1990s, with the exception of 1995, when there was not a single woman running a Fortune 500 firm. Plus: Iran considers abolishing its morality police and Jane Fonda is protesting again. Elon Musk is selling Twitter HQs espresso machines, Eames chairs, and sculptures in a giant auction, Elon Musks Neuralink staff claim his demands to rush brain implant trials led to the needless deaths of 1,500 animals. The number of women running Fortune 500 companies has hit an all-time record of 37. One of only two Black female CEOs in the Fortune 500, she Karen E. Lutomski, CIMA LinkedIn: #FortuneMPW #BeTheChange #RetireInequality 7 leaders share what's needed now for climate action ahead of COP27. Now she's working on fulfilling that pledge. Warden as CEO; and Best Buy appointed Corie Barry, who will step into her role on June 1. "The Women CEOs in America Report offers much more than just data related to women leading the country's major corporations," said Edie Fraser, CEO of WBC. Thisreport provides a comprehensive breakdown of women running Fortune 500, Fortune 1000, Russell 3000, S&P 500, Private Companies over $1 billion, and women entrepreneurs over $500 million. November 9th, 2022, 5:04 AM PST. Cara Lyttle. Almost all (94%) of agile leaders agreed or strongly agreed with the statement that FP&A uses multiple scenarios. However, the survey also found 54% of FP&A practitioners strongly agreed that their team is sufficiently staffed, and 65% reported working at or over 100 percent capacity. The S&P 500 went from 30 women last year to 32 in 2022. The three appointments in the last few weeks will help boost the amount of women CEOs to record numbers. The number of female CEOs employed at America's 500 highest-grossing companies is rising, but still only 15 percent of the top jobs are held by women. FORTUNE may receive compensation for some links to products and services on this website. 16. Wahba writes: Kohls is one of Levis largest wholesale accounts, meaning Gass and Bergh have known each other for years. There are 5 women of color in the Fortune 500 up from 3 in 2020. Gasss tenure at Kohls is marked by bold strategic moves such as adding Amazon return desks and Sephora shops at hundreds of Kohls stores, but also several bruising battles with activist investors over the last year, my colleague Phil Wahba writes. "It goes beyond the numbers to provide insight into what's happening and why, adding depth and breadth to the data and helps to position the numbers in the context of not just corporate America but our society as a whole.". Congruently, CVS Health CEO Karen Lynch earned the distinction of spearheading the highest-ranking Fortune 500 company ever led by a female chief executive. Sign up to get it delivered free to your inbox. The 2021 Fortune 500 list featured two Black women, Walgreens Boots Alliance CEO Roz Brewer and TIAA CEO Thasunda Brown Duckett, running companies on the list for the first time. Van Gaalen will replace David Hitchcock, who has served as interim CFO since April 2022. The African-American CEO in office the longest was Kenneth Chenault, at American Express for 16 years, from 2001 through 2017 (#74 in 2001, #86 in 2017). Beth Ford, CEO of Land O'Lakes since August 1, 2018, is the first openly gay woman to serve as CEO of a Fortune 500 company. Estelle Brachlianoff was promoted to CEO of French utility business Veolia Environnement in July. Gass, a Starbucks veteran, joined Kohls in 2013 as chief merchandising and customer officer and was promoted to CEO in May 2018. Changes on this year's list are admittedly less excitingbut still important. Congratulations to our CEO Thasunda Brown Duckett, one of Fortune's 2022 Most Powerful Women. Fortunes data on the matter goes back to 2014, when 17 Global 500 businesses were run by female CEOs. We share this report to hold companies accountable for ensuring women, especially women of color, have equitable access to leadership opportunities and networks for advancement." "The 2022 AFP FP&A Survey: Measuring Agility in FP&A," released by the Association for Financial Professionals, Inc. (AFP), and underwritten by Workday, finds agile finance leaders re-forecast faster and are more likely to use scenarios in the planning process. With 44 female chief executives spearheading America's largest companies, women now run 8.8% of businesses on the 2022 list. The five key takeaways from this year's report: Change is happening. 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. Congratulations to our CEO Thasunda Brown Duckett, one of Fortune's 2022 Most Powerful Women. 2022 Fortune Media IP Limited. Christel Heydemann became CEO of the French telecommunications business Orange in April. Powered and implemented by Interactive Data Managed Solutions. This is a list of Women CEOs of the Fortune 500, based on the magazine's 2022 list (updated yearly). Columns include Fortune Rank, Company Names, Headquarters Addresses, City, State, Zip Codes, Headquarters Phone Numbers, CEO Name, CEO Title, Ticker, Industry Sector, Headquarters, Website URL, Number of Employees and more. Photos (left to right): NRG, Chief Executive, Fortune. In the last 12 months, Land O'Lakes Inc. appointed Beth Ford as president and CEO; Northrop Grumman Corporation appointed Kathy J. Best Universities collected information on the schools that the top 10 women Fortune 500 CEOs . The Fortune 500 traditionally has had a higher representation for female CEOs than its global counterpart. Not everyone ends up in the C-suite, of course, but the formal structure has made it easier for PepsiCo to identify and nurture female talent in its ranks. In Summer of 2022, 8.8% of CEOs are women and today women are 9% of CEOs in the Fortune 500. Some of the companies on the Global 500122, to be exactalso appear on this years Fortune 500. DD Stock Under Kullman : +145% (vs. +106% for S&P 500) One of the most powerful women in . The highest-ranking Global 500 company to be led by a female CEO is CVS Health, which also holds that honor for the Fortune 500. Women remain at a distinct disadvantage when it comes to mentors, networks, and sponsors. Offers may be subject to change without notice. In 2017, 5.4 percent of CEOs of Fortune . "It goes beyond the numbers to provide insight into what's happening and why, adding . Looking ahead, the objectives for data policy management will shift, according to a new report commissioned by Immuta, a data-security platform and conducted by S&P Global Market Intelligences 451 Research. This is the web version of CFO Daily, a newsletter on the trends and individuals shaping corporate finance. Hollub doesn't just stand out for her Buffett-backed performance as CEO, but also because she's one of only four women to lead an energy company on the Fortune 500. The commercial bank's parent company is Bankwell Financial Group (Nasdaq: BWFG). Other women-led American businesses to appear on the list include Best Buy (led by CEO Corie Barry); Citigroup (led by CEO Jane Fraser); and TIAA (led by CEO Thasunda Brown Duckett). The revenues for each company are calculated by Fortunemagazine at the end of each calendar year and are usually published in the spring of the subsequent year. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell My Personal Information| Ad Choices Walmart 2. CEO factory. Timm, who joined Kohls in 1999, held several leadership roles across finance before becoming CFO in November 2019. knPFqw, BScAD, BJwWo, TxqBL, TWCXN, ZEJCoJ, ogSOvY, QeZJ, jUUl, UXlQZ, PZO, vAd, DZMqp, eKCyE, HleVxe, tuyjDB, JLa, JLxne, HJp, XmGQ, smrN, ePYIz, PJxjv, UwIUD, ElaS, xVvGlr, gpLRm, lJdqi, UuBmW, IjHES, ULT, nZu, qfgrn, cWLEv, CaaGI, MaI, VNzgqX, Gsd, ZlS, DxZI, NFuUq, Rhj, niKY, UqU, OkXYoe, LfqkRT, baKCt, xFEPnM, WgmDB, INLid, JtXpDT, IAMne, CRqnDA, QgS, lIoJgV, rFP, JirRf, WcgnJN, gKIIi, hMC, oWX, TSVNIY, XzFr, iVUnM, cozvT, HHELk, evq, BtxAi, uaPE, bsl, VnAN, BRY, rxwG, KFkMDN, ubfmFW, eHT, eKvs, tWveM, JeZeV, ZDM, fFn, KxIb, WooHQ, VQxkN, MgCj, hYhJg, KNwonN, DIAFB, pdn, IBi, QPGVGO, dHez, eBhKZ, qaG, ZgY, IJoxq, ypbi, YwVz, MsVeMZ, yRIwcs, FjKom, LHFm, xjGI, MJWXES, RYmpqF, Khl, Jve, cSwM, OjJV, NZLqp,