By Geoffrey Smith and Alan Murray
September 8, 2016

This morning, Fortune releases its 19th annual list of the Most Powerful Women in Business. Twenty-two of them are CEOs, controlling companies with $1.1 trillion in market capitalization. This year’s top ten:


  1. Mary Barra, CEO, General Motors
  2. Indra Nooyi, CEO, PepsiCo
  3. Marillyn Hewson, CEO, Lockheed Martin
  4. Ginni Rometty, CEO, IBM
  5. Abigail Johnson, CEO, Fidelity
  6. Sheryl Sandberg, COO, Facebook
  7. Meg Whitman, CEO, Hewlett Packard Enterprise
  8. Phebe Novakovic, CEO, General Dynamics
  9. Irene Rosenfeld, CEO, Mondelez
  10. Safra Catz, Co-CEO, Oracle

The list is being published in a special edition of Fortune, but you can read it online here.


Also this morning, we are releasing Tory Newmyer’s deeply reported piece on whether a Hillary Clinton administration would be good for business. Clinton is winning the race for big business financial donations, but that could be as much a bet she will win as it is a vote of support. How much of her new populist pose will be abandoned on inauguration day? You can read the full story here.



Meanwhile, I fear the relentlessly negative tone of election 2016 will make it difficult for either candidate to govern effectively, once elected. My editor’s note, Clinton, Trump or Neither of the Above?, has more on the subject.


Enjoy the day. More news below. And – apologies to Marillyn Hewson for the typo in the first draft of this newsletter.



Alan Murray


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