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(FORTUNE journal) – behind THE checklist
Six months and 400 bios ago, FORTUNE set out to rank the 50 strongest women in business. They found lots of surprises. looking for girls in retail? you're going to should search actual complicated, as a result of there are handiest three--Banana Republic CEO Jeanne Jackson, Warnaco's Linda Wachner, and American retailers' Teresa Beck. you're going to have superior success discovering high-placed tech ladies. The neighborhood includes Carly Fiorina at Lucent, Carolyn Ticknor at Hewlett-Packard, and Judith Estrin at Cisco. a tremendous gap: no properly ladies at blue-chip corporations like IBM, Dell, Compaq, or Intel.more from Fortune Will Mmmhops be a hit? NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve Ballmer FBI and SEC probe into Carl Icahn and golfer Phil Mickelson FORTUNE 500 current issue Subscribe to Fortune
So where do you discover the majority of their 50? appear to the industries that put a top rate on creativity: advertising, media and entertainment, and publishing. There you're going to find the likes of Oprah Winfrey, Paramount's Sherry Lansing, and MTV's Judy McGrath.
We were curious to discover what these ladies have in general; a survey yielded exciting outcomes. Most are the eldest of their siblings. almost 70% went to coed colleges, and most effective seven have been in sororities. Midwestern work ethic? now not in any respect: the majority grew up within the Northeast. A mere sixteen play golf, and for what or not it's price, 20% are Leos--the signal of born leaders.
1 Carly Fiorina, forty four group President, international provider provider company Lucent technologies
A supersaleswoman whose big name flip became promoting Lucent to investors: She led the biggest IPO in U.S. historical past. nowadays Fiorina runs the tremendously profitable core enterprise of the biggest telecom equipment company on this planet. Her division's income this yr: about $19 billion. Wall street adores her, and she's on the right track to finally run Lucent.
2 Oprah Winfrey, forty four Chairman and CEO Harpo enjoyment community
Oprah's vigor is her influence--over the amusement trade, the e-book-publishing company, mass tradition. via her syndicated tv demonstrate, she reaches 33 million individuals weekly within the U.S., plus hundreds of thousands greater in one hundred thirty five overseas markets. by means of offers with Disney, she produces socially conscious television videos and have films. by way of Oprah's booklet club, she drives the marketplace for serious fiction.
3 Heidi Miller, 45 CFO tourists community
When tourists merges with Citicorp--most likely this autumn--she'll become CFO of the area's largest financial business, Citigroup (assets: $700 billion). Unassuming and uncelebrated, she's within the internal circle with Citigroup's co-CEOs, Sandy Weill and John Reed. Her side job: chief risk officer of tourists' Salomon Smith Barney unit. Says Weill, "She is aware of greater about possibility than I do."
four Shelly Lazarus, fifty one Chairman and CEO Ogilvy & Mather worldwide
Lazarus' purchasers are international and blue-chip: IBM, American express, Kodak, Ford, Mattel. Billings of $eight.eight billion closing 12 months (producing revenues of $1 billion) make Ogilvy the seventh-greatest advert company on this planet. A 27-yr Ogilvy veteran, Lazarus is the steady, pragmatic captain after her capricious and charismatic predecessor, Charlotte Beers, turned the ship round.
5 Sherry Lansing, fifty four Chairman, movement photograph group, Paramount pictures
Hollywood's No. 1 studio boss. She creates blockbusters on a sane price range: huge (co-produced with Fox), Deep have an effect on and Saving deepest Ryan (each co-produced with Dreamworks), and The Truman exhibit. Paramount's market share: 20%, topping the industry this year. profits? list-breaking. given that she took over in 1992, Paramount has gained the Oscar for most suitable image 3 times.
6 Jill Barad, 47 Chairman and CEO Mattel
Boss of the world's greatest toy company (1997 revenues: $four.eight billion). wonderful marketer: "My vigor comes from my instinct," she says. "I have faith it." Barbie international manufacturer sales reached $1.9 billion final year, up from $200 million when Barad become the doll's marketing director in 1982. good tech connections too: She's on the boards of Microsoft and Steve Jobs' Pixar Animation Studios.
7 Marilyn Carlson Nelson, 59 CEO, President, and vp, Carlson Cos.
Ending a succession saga, Nelson last March took manage of her father's go back and forth empire (estimated 1997 revenues: $6.6 billion). Now she's in can charge of large property: Radisson and Regent resorts, TGI Friday's restaurants, cruise ships, go back and forth corporations, plus a activities and experience advertising unit that serves accepted Motors, Merrill Lynch, and GE Capital. She's also on Exxon's and U.S. West's boards.
eight Andrea Jung, 40 President and COO Avon products
A merchandising hotshot, she moved from category (Neiman Marcus) to mass (Avon) in 1993--so impressively that she beat out business veterans for the presidency late remaining 12 months. "What did it for me? It wasn't my schooling or journey. or not it's my ardour," Jung says. excessive-energy and high-fashion, she's inheritor apparent to CEO Charlie Perrin. In July, Jack Welch recruited her for the GE board.
9 Abby Joseph Cohen, 46 Co-chair, investment coverage Committee, Goldman Sachs
Wall highway's most influential investment strategist has been the stock market's buoy. Her religion lies in "the fundamentals"--the suit U.S. financial system and low inflation--and he or she holds quickly, amid the entire gyrations, that the Dow will reach 9300 at year-end. Her power is never as exceptional interior Goldman: She's now not a partner, doubtless as a result of she does not bring in measurable gains to the company.
10 Marjorie Scardino, 51 CEO Pearson PLC
the american working this venerable British media conglomerate--home to the fiscal times, The Economist, Penguin Putnam books, and television's Baywatch--is making some brash moves: She's buying Simon & Schuster's academic publishing unit, with a view to make Pearson the world's largest in that container. combined revenues total $5.three billion; about 60% of that comes from the U.S.
11 Martha Stewart, 57 Chairman and CEO, Martha Stewart residing Omnimedia
Her "omnimedia"--tv exhibit, journal, catalogs, books, radio spots, newspaper columns, website--make her unnervingly omnipresent. Brilliantly, she straddles excessive and low demographics: To reach upscale girls, Ford simply dedicated a suggested $50 million to advertise along with her. And her Kmart line is heading toward $1 billion in annual revenue. She plans to head public next year.
12 Pat Russo, 46 govt VP, company method and Operations Lucent applied sciences
She's extra particularly paid and higher up on Lucent's organization chart than Carly Fiorina (No. 1). but Russo ranks decrease on their list as a result of she would not run a business. As Lucent's chief of group of workers, she oversees method, advertising, and human supplies. A proven turnaround champ, she'll seemingly get an immense operating job next.
13 Judy Lewent, 49 Senior vp and CFO, Merck
Lewent could make numbers sing. She's favourite for her innovative use of economic models, which she employs for every little thing from constructing revenue forecasts to managing Merck's overseas-alternate risks. Lewent's more likely to get the CEO nod earlier than Pfizer's Karen Katen (No. 16) does, say analysts. She sits on the boards of Quaker Oats and Motorola.
14 Rebecca Mark, forty four vice chairman Enron
Fierce and fearless, Mark is like a character in an Ayn Rand novel. The intrepid empress of power constructed her profession promoting pipelines and vigor flora to third World international locations--altogether, $20 billion worth of initiatives all over. CEO Ken Lay promoted her to vice president in may additionally. Now she's starting a new five-yr venture: to consolidate the $300 billion international water market.
15 Lois Juliber, forty nine EVP and COO Developed Markets Colgate-Palmolive
She's liable for half of C-P's $9.1 billion in revenues, and she's usual within the trade for her advertising and marketing savvy. Juliber is in a decent contest with David Metzler, who's in charge of Asia and Latin the us, to exchange CEO Reuben Mark. If she doesn't win this fight, they figure that she should be a commander in different places.
sixteen Karen Katen, 49ish President, U.S. pharmaceuticals group, Pfizer
Katen introduced you Viagra. need they say greater? U.S. revenues topped $6.9 billion ultimate 12 months. Analysts say Viagra (revenue estimated this 12 months to be $800 million)--in addition to different items in the pipeline, like the drug Celebra, used to treat arthritis pain and swelling--may still maintain revenues rising nicely for some time. Analysts supply Katen the nod as CEO fabric.
17 Ann Moore, forty eight President americans journal
Moore's power is over established way of life. She runs the realm's most successful magazine. Covers on the sexiest guys, the optimum- and worst-dressed celebrities, and Leonardo DiCaprio are part of the American cloth. Moore has introduced to that have an effect on (and americans's $1 billion in revenues) with hot new titles like Teen people, individuals en Espanol, and In fashion.
18 Judy McGrath, forty six President MTV and M2
"Judy is the goddess of creativity," says her friend Gerry Laybourne (No. 20). McGrath guidelines early life subculture, offering Beavis and Butt-head and movies of the Backstreet Boys to eighty five international locations around the world. After straying from its track roots, Viacom's MTV these days got its rhythm back. rankings are rising. So are revenues, that are anticipated to exceed $550 million this yr. the most important track maven for any checklist exec to meet, the self-effacing McGrath started at MTV writing on-air promotions in 1981, the cable channel's startup yr. "For a very long time, americans kept saying, 'MTV might not closing,' " she says. "but it has and or not it's all the time altering. I should be part of something it truly is at all times evolving, it is not established." Coming this autumn is a bit revolution: MTV is expanding into Russia. additionally, McGrath has branched into filmmaking. She's working along with her Viacom colleague, Sherry Lansing (No. 5), to co-produce Paramount-MTV videos.
19 Darla Moore, 44 President Rainwater Inc.
company the usa's most feared feminine activist. Booting Boone Pickens from Mesa and Rick Scott from Columbia/HCA acquired her on FORTUNE's cowl ultimate year. She and husband Richard Rainwater have suffered ego-crushing losses in the inventory market recently, but the chaos-loving Moore roars forward: This previous summer she helped Henry Silverman chase Walter Forbes out of Cendant.
20 Geraldine Laybourne, fifty one Chairman and CEO Oxygen Media
Her vigor is "creating stuff," Laybourne says. She constructed Nickelodeon, the superior children' cable-television network, whereas she was at Viacom. Then she hit static running Disney's cable homes. seeing that quitting Disney final may, Laybourne has been constructing her personal multimedia enterprise with the help of her husband, equipment. "I see some outstanding alternatives," she says. "women are underserved and underestimated as buyers. Plus, the internet is this exceptional and biological and democratic car it truly is superior for speaking with women. it'll ultimately converge with television." Laybourne adds, "I have the relationships with amusement corporations and massive technology groups to drag this off." They agree. investors in her business encompass Disney and the us on-line. Viacom and Sony are in view that doing company with her too.
21 Sheila Birnbaum, fifty eight companion, Skadden Arps Slate Meagher & Flom
whereas attorneys may lack broad cultural appeal, what would they do with out them? peers deem Birnbaum--also called "Madame Product liability"--the suitable feminine legal professional within the nation. considered a wizard at settling nasty type-motion proceedings, she established and now heads the enterprise's product-legal responsibility branch, a group whose expertise are turning out to be essential to tremendous corporate clients.
22 Carolyn Ticknor, fifty one frequent manager, LaserJet options group, Hewlett-Packard
Ticknor is in charge of bringing HP's office printer business into the digital office. products launched in the past two years encompass the mopier, which produces fashioned document sets using a laser printer instead of a copier, and network scanners that convert documents to electronic form. ultimate 12 months, Ticknor's community grew to become in an estimated $eight.7 billion of HP's $forty two billion in total income.
23 Patti Manuel, forty one President and COO lengthy Distance Division, dash
After Gail McGovern bolted from AT&T to constancy Investments in August, Manuel discovered herself because the leading lady of telecom services. Manuel has enjoyed a quick ascent. She turned into promoted in February after being president of the dash enterprise unit for under a year. She's now liable for the group that draws in additional than $9 billion of sprint's $15 billion in revenues.
24 Ann Winblad, forty seven partner, Hummer Winblad venture companions
"Our company is company advent," says Winblad, who's Silicon Valley's main application venture capitalist. With $200 million beneath management, Hummer Winblad has helped launch such corporations as Arbor software, Wind River, and Liquid Audio. Annual returns to traders exceed forty%. She's still close buddies with invoice Gates, whom she dated years ago.
25 Cathleen Black, fifty four President Hearst Magazines
Black does not create the pure profit that Ann Moore (No. 17) does at americans, but she's grew to become across the bleak financial story for the realm's largest writer of month-to-month magazines. Her assortment includes Cosmopolitan, good Housekeeping, familiar Mechanics, Esquire, and a dozen others. A most-desired company director, Black sits on the boards of IBM and Coca-Cola.
26 Orit Gadiesh, 47ish Chairman Bain & Co.
Flamboyant and charismatic, Gadiesh, born and raised in Israel, brought Bain lower back from the brink. Revenues for the the Boston-based consulting enterprise rose to an estimated $500 million final yr. Bain's forte: excessive-stage strategic work with FORTUNE 500 CEOs and boards of directors. Gadiesh's pals in excessive locations include Kodak boss George Fisher.
27 Claire Farley, 39 VP and President, North American creation, Texaco
answerable for Texaco's deep-water creation in Mexico, Farley is obviously in macho-man territory. however she handles it well: remaining yr her community's revenues totaled $4.7 billion and gains, $1.1 billion. She additionally led Texaco's $1.4 billion acquisition of Monterey resources in 1997. Farley's a favourite among analysts, who see even larger initiatives headed her approach.
28 Jamie Gorelick, 48 vp Fannie Mae
obtained a mortgage? With Fannie Mae financing one out of each 5, there is an outstanding chance it came from there. Gorelick is a component of a three-adult chairman workplace for Fannie Mae, which had $3 billion in net profits in '97 and assets of $1 trillion. once the 2nd-highest official within the Justice department, Gorelick now units the nation's credit score policy.
29 Abigail Johnson, 36 Senior VP, equity Division constancy Investments
Johnson is the inheritor obvious to the nation's greatest mutual fund household, with greater than $600 billion in mutual fund property. She holds a 24.5% pastime in fidelity's mother or father business, FMR, and seems to be beginning to take the equal quiet--and cautious--steps father Ned Johnson III took years ago earlier than he grabbed the reins of the company. while Johnson has managed a number of funds through the years and now oversees a portion of constancy's fairness investments, she's kept a extremely low profile inside the hallowed walls of the Boston-primarily based firm and inside the mutual fund business itself. that is sent combined indicators as as to if she truly wants the throne or no longer. If and when she nabs that good spot, she'll at once shoot up in their rankings. consider her a proper 5 vigor woman-in-ready.
30 Ann Fudge, forty seven government vice president espresso and Cereals Division, Kraft
the place would they be without Fudge within the morning? A 12 months ago, when Kraft mixed its put up cereal unit (domestic to brands like Raisin Bran, Grape Nuts, and Honeycomb) with its coffee group, including Maxwell condo, Fudge changed into named president of the unit. final yr coffee and cereals accounted for $2.7 billion of Kraft's $16.8 billion in sales. however Fudge is considering even larger. Eyeing Starbucks' foray into Barnes & Noble, she is hinting that books and coffee might possibly be a powerful suit in Kraft's future. She's also conjuring up how you can popularize cereal beyond the breakfast table. (viable items: a Raisin Bran snack bar.) Fudge sits on a few boards: AlliedSignal, Liz Claiborne, and Catalyst, the research enterprise that tracks girls in enterprise.
31 Deborah Willingham, forty two vice chairman, business consumer Unit, Microsoft
Translation of Willingham's title: She sells very big computing device methods to very large shoppers. Translation to Microsoft's company: Her unit is liable for a couple of-third of Microsoft's $11 billion in revenues. or not it's also the company's quickest starting to be, expanding about 30% yearly. here's one saleswoman extraordinaire--might be she should be speakme to the Justice department.
32 Jeanne Jackson, forty seven CEO Banana Republic
Your children may are living on the hole or ancient Navy, which make a contribution the majority of hole Inc.'s revenues, but Banana Republic has helped tens of millions of puzzled executives take care of the informal Friday culture. no longer dangerous for a company that used to hawk faux safari garb. leading the turnaround of the unit, Jackson has boosted its revenue to $890 million and operating salary to $109 million.
33 Martha Ingram, sixty three Chairman Ingram Industries
not simply yet another Nashville socialite: Ingram showed her steel when her husband's loss of life pressured her to take over the family unit's $2.four billion company. it is the nation's greatest wholesale e-book distributor, and it also sells excessive-risk auto coverage. With the spinout of Ingram Micro in 1996, the boss suggests no signals of slowing down. She's on Ingram Micro's board in addition to Baxter foreign's.
34 Linda Wachner, fifty two Chairman and CEO Warnaco
one of the most maximum-paid female executives in the nation (profits and bonus totaled $12.5 million ultimate 12 months), Wachner leads both Warnaco and genuine health. Warnaco, which makes lingerie, jeans for Calvin Klein, and garb for other designers, had revenues of $1.4 billion last yr--but earned a razor-thin $23 million. The hard Wachner sits on travelers' board.
35 Lucy Fisher, forty nine vp, Columbia TriStar movement photographs (Sony)
She helped revive beleaguered Sony with hits like Jerry McGuire, My ally's marriage ceremony, and nearly as good because it gets. international gross closing 12 months: $2.three billion, a Hollywood record. A mother of three, Fisher sticks to a 4-day-a-week time table that precludes a bigger job. Her lieutenant, Columbia pictures' Amy Pascal, may also scoot previous her to Sony photos enjoyment's true put up.
36 Carol Bartz, 50 Chairman and CEO Autodesk
With revenue of $618 million ultimate yr, Autodesk--a maker of desktop-aided-design software--isn't probably the most largest or most useful-common avid gamers in Silicon Valley, however Bartz is a forceful promoter of ladies within the tech trade. A former vice chairman at solar Microsystems, Bartz currently sits on a couple of boards, including Airtouch Communications and Cisco programs.
37 Catherine Dwyer, forty nine President client products u . s . a . Revlon
Dwyer is under no circumstances as high-powered or profiled as Avon's Andrea Jung (No. eight). but before being promoted in January, Dwyer become credited with turning Revlon's staid cosmetics line into one that appeals to a fragmented viewers. She helped move Revlon from third to first in the mass cosmetics market. U.S. income extended 15%, to $1.four billion, ultimate yr.
38 Patricia Fili-Krushel, 44 President ABC television network
Promoted from president of ABC sunlight hours programming in July, Fili-Krushel is the maximum-rating girl in community television. but she has her palms full: ABC's scores lag the other networks' and viewership is being eroded through cable. despite the fact, trade watchers element out that ABC President Bob Iger and the affiliates love her and think she is up to the problem.
39 Esther Dyson, 47 CEO EDventure Holdings
feel you've got obtained the highest quality tech innovation to hit the market in years? no longer until you get Dyson's stamp of approval. A nod from her can boost a product's recognition or get the challenge capital a startup wants. She sits on a few tech company boards, together with Accent software and pondering equipment. Yet her tons-predicted booklet, liberate 2:0, flopped.
40 Bridget Macaskill, 50 President and CEO Oppenheimer money
a local of Scotland, CEO Macaskill is one of the few women to hang a big title within the mutual fund world. Her problem since her promoting in 1995 has been to take Oppenheimer dollars--$ninety two.5 billion in assets--into the massive time. A splashy ad campaign has helped. So has the fact that she is accurately focused on the customer many mutual fund families ignored: women.
41 Judith Estrin, 43 Senior VP and Chief technology Officer, Cisco methods
Estrin is running the technology at probably the most quickest-starting to be tech organizations on this planet. Named to the place in March, she's obtained an wonderful background. She co-centered two agencies, one in all which was eventually merged with significant 3Com in the late Eighties. Estrin additionally sits on several megaboards--Federal express, Rockwell foreign, solar Microsystems, and Disney.
42 Jeannine Rivet, 50 EVP, health Plan company United Healthcare
Rivet changed into waaaay up on their listing earlier than United grew to become sickly and introduced a $900 million restructuring in August, and its deliberate merger with Humana went kaput. on the conclusion of 1998, Rivet is taking the CEO place for the fitness plan enterprise, which totaled $8.four billion of the company's $eleven.7 billion in revenues final year. Analysts say she's the one who can treatment United's ills.
43 Linda Srere, 43 President and CEO younger & Rubicam, big apple
not like Shelly Lazarus (No. 4), who's working the whole reveal at Ogilvy, Srere has just a bit at Y&R. however Y&R's manhattan office is the greatest advert agency in manhattan, with billings of $3.1 billion (revenues of $254 million). Srere was key to Y&R's win closing 12 months of the Citicorp global branding account. Her workplace will get a nice-sized piece of those billings, estimated at $800 million.
forty four Brenda Barnes, forty four Director
Who says you want a true job to be in the energy 50? A 22-12 months veteran of PepsiCo, Barnes resigned as CEO of Pepsi-Cola North the united states final 12 months to be a stronger mom. She additionally grew to become one among the usa's most favored corporate administrators. Her boards: Avon, Sears, the big apple instances Co., Starwood hotels, Lucas Arts and entertainment. living in her home state of Illinois, she's attaining simplicity. Her phone would not even have call waiting.
forty five Marion Sandler, 67 Co-chairman and co-CEO Golden West economic
She shares CEO responsibilities with her husband at the nation's 2d-biggest thrift (1997 revenues: $2.9 billion). Prudent administration and the resurgence of the California economy, where the business is based mostly, make this S&L one of the most ecocnomic. That explanations some to ask yourself if, within the ongoing bank merger frenzy, the Sandlers could signal on the dotted line and take a nice, lengthy holiday.
forty six Anthea Disney, fifty one Chairman and CEO, information america Publishing group
HarperCollins continues to battle, and an excellent chunk of tv guide ($1.2 billion in revenues) is being sold off to United Video satellite tv for pc neighborhood. Yet Disney is still Rupert Murdoch's favorite Angel of dying (as a British paper called her this 12 months) when it involves cleaning up messes in his condo. final year she axed greater than 100 creator contracts.
47 Anne Sweeney, 40 President Disney/ABC Cable Networks
In August, Sweeney approved the job of filling the big footwear vacated by means of Gerry Laybourne (No. 20) because the maximum-rating girl in cable. She oversees ABC's Disney Channel and its pastimes in Lifetime, A&E, The historical past Channel, and E! entertainment. Cable is the moneymaker for ABC, and Sweeney's mission might be to tweak programming and enhance revenues.
48 Sylvia Rhone, 46ish Chairman Elektra amusement neighborhood
Hear that? Your children are probably playing music from groups like Third Eye Blind, Missy Elliott, and Busta Rhymes at volumes that make the partitions shake. which you can thank Rhone for that. but she is additionally credited with guiding the merger between Elektra, EastWest, and Sire facts, and is rumored to be a entrance-runner for the No. 2 spot when the conventional track community (the influence of the expected ordinary-Polygram merger) receives off the floor. youngsters, her existing contract runs via 1999, so do not are expecting her to flow soon.
forty nine Teresa Beck, forty four President American retailers
Promoted from CFO previous this yr, Beck presides over the Osco, fortunate, and Jewel meals and drug chains, with revenues of more than $19 billion. Analysts say Beck's financial savvy and administration capabilities will be essential to the anticipated 1999 merger of yank shops and Albertson's. The combined business's annual income: round $36 billion.
50 Ellen Marram, fifty one Former CEO Tropicana
She was the juice queen at $2-billion-a-yr Tropicana--until Seagram permitted Pepsi's $3.3 billion present for the enterprise this previous summer time. Passing on Pepsi, Marram, who correctly launched the SnackWell's line of low-fat cookies and crackers at Nabisco, is asking to land a CEO or COO gig in the next few months. They suppose odds are good she'll get it.
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