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Washington: Soft drink
major Pepsico's Indian born CEO Indra Nooyi is one of the 18 women
who have shattered the glass ceiling to lead America's 500 largest
corporations, according to Fortune magazine's latest ranking.
Nooyi, who leads the 41st biggest company in America, is listed
fourth among top women executives by the leading US business
magazine. She "has overseen a shift in focus from soft drinks into
less profitable, albeit healthier, snack foods market in recent
years,"
Others on the list that includes more women CEOs than ever before
are Meg Whitman of Hewlett-Packard (10th) and Ginni Rometty of IBM
(19th), both of whom started within the last year.
Also on the list are Patricia Woertz of agricultural processors
Archer Daniels Midland, Irene Rosenfeld who heads up Kraft Foods
and Ursula Burns who is CEO at Xerox and Sherilyn McCoy at Avon.
Rometty is IBM's first female CEO and Xerox chief Ursula Burns is
the first African-American woman to head a Fortune 500 company.
The top five female CEOs on the list all held positions in
strategic planning before being appointed.
There are an additional 21 female CEOs in the Fortune 501-1000,
some managing steel, oil and energy companies. About 10 percent of
the top 500 US companies, and almost 40 percent of Canada's 500
largest companies have no women on their boards, according to
Catalyst, a nonprofit research organization advocating for more
women in business.
(Arun Kumar can be
contacted at arun.kumar@ians.in)
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