Women CEOs of Fortune 500 Companies

The number of Women CEOs in Fortune 500 companies have come down from to 14  in 2011 from 15 in 2010. The analysis of the companies show that there are 8 women CEOs are in the top 125 bracket of Fortune 500 companies.

Here is the list of the women CEOs in Fortune 500 companies:

Rank Company CEO CEO Since Experience (Approx.)
39 Archer Daniels Midland Patricia A. Woertz May 2006 34+ years
42 WellPoint Angela F. Braly June 2007 20+ Years
43 PepsiCo Indra K. Nooyi Oct. 2006 25+ years
49 Kraft Foods Irene B. Rosenfeld June 2006 20+ years
68 Sunoco Lynn L. Elsenhans Aug. 2008 30+ years
84 DuPont Ellen J. Kullman Jan. 2009 23+ years
119 TJX Carol M. Meyrowitz Jan. 2007 24+ years
121 Xerox Ursula M. Burns July 2009 31+ years
221 BJ’s Wholesale Club Laura J. Sen Jan. 2008 30+ years
226 Avon Products Andrea Jung Sept. 2001 24+ years
245 Guardian Life Ins. Co. of America Deanna M. Mulligan July 2011 NA
312 Campbell Soup Denise M. Morrison Oct. 2010 31+ years
365 Yahoo Carol A. Bartz 2009 28+ years
417 KeyCorp Beth E. Mooney May 2011 30+ years

Source: Catalyst List of Women CEOs of the Fortune 1000 companies

The list indicates an interesting facts that women CEOs of Fortune 500 companies are generally having over 25+ years experience. They also have either been in same company for long time or in rival companies of similar businesses. Interestingly two women CEOs in the list are of Asian origin.

I made an interesting comparison on the Revenues and Profits of these women CEO led companies for the top 100 of the Fortune 500 companies with the nearby ranking companies led by men, the women CEO led companies are in bold and others are not.

The result of which are tabulated here:

Rank Company Revenues ($millions) Profits ($millions) CEO
35 Apple 65,225.0 14,013.0 Steven P. Jobs
36 Boeing 64,306.0 3,307.0 W. James McNerney Jr.
37 State Farm Insurance Cos. 63,176.7 1,762.8 Edward B. Rust Jr.
38 Microsoft 62,484.0 18,760.0 Steven A. Ballmer
39 Archer Daniels Midland 61,682.0 1,930.0 Patricia A. Woertz
40 Johnson & Johnson 61,587.0 13,334.0 William C. Weldon
41 Dell 61,494.0 2,635.0 Michael S. Dell
42 WellPoint 58,801.8 2,887.1 Angela F. Braly
43 PepsiCo 57,838.0 6,320.0 Indra K. Nooyi
44 United Technologies 54,326.0 4,373.0 Louis R. Chênevert
45 Dow Chemical 53,674.0 2,310.0 Andrew N. Liveris
46 MetLife 52,717.0 2,790.0 Steven A. Kandarian
47 Best Buy 49,694.0 1,317.0 Brian J. Dunn
48 United Parcel Service 49,545.0 3,488.0 D. Scott Davis
49 Kraft Foods 49,542.0 4,114.0 Irene B. Rosenfeld
50 Lowe’s 48,815.0 2,010.0 Robert A. Niblock
65 Walt Disney 38,063.0 3,963.0 Robert A. Iger
66 Comcast 37,937.0 3,635.0 Brian L. Roberts
67 Sysco 37,243.5 1,180.0 William J. DeLaney III
68 Sunoco 35,453.0 234.0 Lynn L. Elsenhans
69 Abbott Laboratories 35,166.7 4,626.2 Miles D. White
70 Coca-Cola 35,119.0 11,809.0 Muhtar Kent
80 Enterprise Products Partners 33,739.3 320.8 Michael A. Creel
81 Honeywell International 33,370.0 2,022.0 David M. Cote
82 Liberty Mutual Insurance Group 33,193.0 1,678.0 Edmund F. Kelly
83 News Corp. 32,778.0 2,539.0 K. Rupert Murdoch
84 DuPont 32,733.0 3,031.0 Ellen J. Kullman
85 Sprint Nextel 32,563.0 -3,465.0 Daniel R. Hesse

Source: The base data of this compilation has been taken from CNNMoney

In the top 100, only 6 women CEO led companies have figured in the Fortune 500 companies.

The list indicates an interesting fact that women led companies have higher revenues and better profits, as compared to similar companies in the same bracket.

We have just about 3% representation of women CEOs in the fortune 500 companies, each of these women have huge experiences and have been exceptionally qualified and talented. Should we not aim to provide more opportunities to women to reach at the top? If so, what are we doing about it? A small initiative here or there will not make the difference, the problem needs to be addressed. Is Women Entrepreneurship the answer or an alternate mechanism?

Women have to be brought into senior management and given opportunities to not only excel but provide better managed and efficiently run organisations. Men have to lend the supporting role as well as encourage the same. Education and Mentoring of promising and talented women is a dire need of the hour.

Having undergone a similar training under the 10000 women initiative of Goldman Sach and Mastercard sponsered Business administration programme, at Singapore; I can personally vouch that it makes a considerable difference in the level of confidence of the women CEO and brings a clarity of vision by being exposed to knowledge sharing by the experts.

Whether through grooming of women to be good CEOs through training’s, education or mentoring or through supporting women led enterprises; businesses need to stop ignoring the WOMEN POWER for the benefit of overall inclusive development.

(2 of the women CEOs have resigned since my compilation which was done few months ago and might not be the current CEOs of the Fortune 500 companies listed)

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About Dolly Bhasin

Dolly Bhasin is a Knowledge Entrepreneur. She is a gold medalist Electronics and Communications Engineer with additional specialisations in Science (BSc.Udaipur), Sales and Marketing (PGD, New Delhi), Business Administration (U21Global, Singapore) and MSc. in Tourism and Travel (Univ. of Nottingham, UK). She has been in the Knowledge and Information management arena for last 26 years and has many laurels to her credit. She currently manages a knowledge enterprise offering ICT and Knowledge Management consulting and services to Govt and private enterprises. For more details, please visit http://ceomag.in/about-dolly-bhasin-a-knowledge-entrepreneur/
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  • http://twitter.com/dbhasin Dolly Bhasin

    RT @pepsico: Tweet questions for PepsiCo CEO Indra Nooyi using the hashtags #PepsiCo  #BlogHer some will be asked NOW! #CEOMAG.in

  • Anonymous

    An interesting one for businesswomen in India is this ‘Women in the boardroom 2004-2011’ infographic on Many Eyes using data collected over the last seven years.

    http://www.grant-thornton.co.uk/thinking/emergingmarkets/index.php/emergingmarkets_templates/women_in_the_boardroom_2004-2011_infographic/

    It shows the % of women in senior management by country but while the East generally scores well for helping women get into senior positions (Thailand tops the list with 45%), India only scores 9% – well below the global average sadly.

    It will be interesting to see how the figures changes in coming years.