Name: The Most Powerful Women in Business 2024
Uploaded: 2024-10-02
Duration: 5 min 37 s
Description: Fortune just launched its 27th annual Most Powerful Women list ranking the 100 Most Powerful Women in the world. The list was launched in 1998 to recognize the women leading some of the planet’s biggest companies in a business world still dominated by men. That remains its purpose today.

Fortune just launched its 27th annual Most Powerful Women list ranking the 100 Most Powerful Women in the world. The list was launched in 1998 to recognize the women leading some of the planet’s biggest companies in a business world still dominated by men. That remains its purpose today.

The Most Powerful Women in Business 2024

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Fortune just launched its 27th annual Most Powerful Women list ranking the 100 Most Powerful Women in the world.

Fortune just launched its 27th annual most powerful women list ranking the 100 most powerful women in the world. The list was launched in 1998 to recognize the women leading some of the planet's biggest companies in the business world still dominated by men that remains its purpose. Today, rankings are determined the Fortune editorial scene based on the size and health of an executive business. Her career trajectory, her influence outside her organization and how she uses her power to address societal harms, support her workforce or better the community around her. Here are the top 10 most powerful women at number 10, Grace Wang, Grace Wang co founded the manufacturer Lux share with her brother. In 2004. 20 years later, Wang's leadership and focus on innovation has pushed Lux share up the list of apple suppliers churning out airpods, apple watches, Vision Pros and iphones snatching market share away from competitors. At number nine, Catherine mcclay, Catherine mcclay, an Australian who joined Wal Mart in 2015 became the CEO of the company's $115 billion international division last year, landing a role that has in the past been a launching pad into the Wal Mart CEO job in her first year at the helm of Wal Mart International. The unit has continued to grow including an 8.3% hike in net sales last quarter at number eight, Lisa Sue chip maker and is the A I moment under Lisa Su's leadership and the CEO says the A I supercycle is just getting started when she stepped in as chief executive at AMD. In 2014, the semiconductor company was nearly bankrupt over Sue's decade. At the helm, the company got back on track by reinvigorating its focus on high performance A I products. And this year brought in nearly $23 billion in revenue. At number seven S for Cat oracle has been under Sapper cats' leadership for a decade now, its latest fiscal year was a stable one for the database giant, bringing in a revenue of around $52 billion of 6% from the year before. But Katz's established cloud service isn't resting on its laurels. The CEO with confident A I power will continue to make Oracle's technologies more secure, faster and easier to use for clients. At number six, Ruth Pora after nine years as alphabet CFO last year, Ruth Pora transitioned to a new role, president and investment officer. This year alphabet revenue is up almost 9% to $307 billion. And in April alphabet announced its first ever cash dividends. However, this win hasn't come easily. The company has done several rounds of layoffs this year and undergone a restructuring to allow for deeper focus on A I initiatives. At number five, Emma Walmsley. Emma Walmsley is nearly eight years into her effort to return the British Pharma company to growth and her work is starting to pay off much credit goes to Orex V's GSK first on the market RSV vaccine. That was a triumph for GSK after the company failed to develop a COVID vaccine. Orex V generated €1.2 billion which is $1.6 billion in sales in its first year after launching in the third quarter of 2023 at number four, Julie Suite with Julie Sweet as Ceo Accenture's workforce is the largest in fortune global 500 to be led by a woman with 700 and 74,000 employees. The firm reported annual revenue of $64.9 billion in fiscal 2024. Up 1% from the previous year. Sweet and her firm are ushering clients including influential brands like mcdonald's and BMW into the A I era. At number three, Jane Fraser, all eyes have been on Jane Fraser over the past few years as Wall Street's sole female CEO has spearheaded a multi prom campaign to write the ship at Citigroup since she ascended to the top of the struggling bank in 2021. The past year has been bumpy with the finalization of a massive reorganization that resulted in some 7000 layoffs in the first quarter. The bank expects to cut thousands of more jobs in the next two years resulting in as much as $1 billion in severance and restructuring costs. Fraser, a 19 year company veteran is the architect of the reorganization and spearheaded another effort that included selling nine of the company's 14 international customer franchises at number two, Karen S Lynch CVS Health claims the title of the largest Fortune 500 company led by a female CEO with a $357.8 billion in 2023 revenue. And Lynch's influence in a role that hasn't waned CVS Health with its minute Clinics, an acquisition of Oak Street Health and signify health is now one of the largest providers of primary care in the US. But the company has had a rough go of it year. Its share price is down 24%. Since the beginning of 2024 rising medical costs have hit cvs's Aetna's health insurer and others. And at number one, Mary Barra in her 10th year on the job, Mary Barra returns to the top of the MPW list. The CEO of General Motors has led the company to its strongest financial position in decades, reforming its culture and reorganizing its product lines to prepare for an electric vehicle revolution. The momentum for that revolution has stalled as of late, the company says it's on track to sell 200,000 evs in North America in 2024. It had previously stated a goal of getting a production capacity of 1 million evs annually. By 2025. Still under Barra GM managed to bring in $171.8 billion in the last fiscal year. A nearly 10% increase year over year.