PEPSICO Inc chief Indra Nooyi is the most powerful woman in US business for the fifth year in a row, but Yahoo Inc boss Carol Bartz is the highest paid, Fortune magazine said on Wednesday (September 29).
Bartz earned more than $47m (£29.63m) in 2009 and was ranked No. 10 on the 2010 most powerful women list, while Nooyi was the 10th highest paid with a salary of more than $14m (£8.82m) last year, Fortune said.
“Nooyi completed the purchase of PepsiCo’s two largest bottlers, bringing revenues to a projected $60 billion (£37.84bn),” Fortune said. “Now she’ll have to deliver the $400m (£252.37m) annual cost savings she promised. Investors seem assured: The stock is up 12 per cent since September 2009.”
The most powerful list ranked women in for-profit businesses. It was based on the size and importance of the business in the global economy, the health and direction of the business, the arc of the woman’s career, her social and cultural relevance.
The second most powerful businesswoman was Kraft Foods, chief executive Irene Rosenfeld, who led a hostile $18bn (£11.35bn) takeover of Britain’s Cadbury, No. 3 was Archer Daniels Midland chief executive Patricia Woertz, followed by Wellpoint chief executive Angela Braly.
Avon Products Andrea Jung came in at No. 5, while media mogul and talk show host Oprah Winfrey was the sixth most powerful businesswoman, followed by DuPont chief executive Ellen Kullman, IBM senior vice president Ginni Rometty and Xerox chief executive Ursula Burns.
The complete list of the 50 most powerful women in business can be seen at bit.ly/crX6jc and the ranking of the highest paid businesswomen can be seen at bit.ly/dttycw.
