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Most Powerful Women International

This is the 18th year Fortune has ranked the Most Powerful Women in business outside the U.S. GlaxoSmithKline CEO Emma Walmsley takes the top spot this year, ending the four-year reign of Banco Santander Executive Chair Ana Botin. The 50 global businesswomen here represent 19 countries and a variety of industries.

By Erika Fry, Carson Kessler, Ellen McGirt, McKenna Moore, Polina Marinova, and Claire Zillman.

Click here for our methodology.

Click here to see the U.S. Most Powerful Women list.