Top 10 Most Powerful Women In Business of The World

Rosemary October 05, 2021 | 16:13

Who are the most powerful women in business of the world? Check out our top 10.

Top 10 Most Powerful Women Executives In The World. Photo KnowInsiders

Who Are The Most Powerful Women In Business Of The World Today?

1.Karen Lynch, CEO, CVS Health

Photo CVS Health

Karen S. Lynch is President and Chief Executive Officer of CVS Health, a Fortune 4 diversified health services company. Karen leads more than 300,000 colleagues who are passionate about transforming health care to be simpler, more convenient and more personalized.

Under Karen’s leadership, CVS Health touches the lives of more than 100 million people each year through its unique combination of assets, including more than 9,900 pharmacies and over 1,000 MinuteClinic and HealthHUB locations. CVS Health also serves an estimated 34 million people through its health insurance products and services. CVS Health continues to play a leading role in the national response to COVID-19 through testing solutions and vaccine administration across the country.

Karen has over three decades of experience in the health care industry. Prior to becoming Chief Executive Officer, she was Executive Vice President, CVS Health and President of Aetna and responsible for driving the strategy to deliver consumer-focused, high-value health care to the millions of people Aetna serves.

Lynch garnered the top spot for two big reasons: Shortly after taking over in February of this year, she made CVS a central player in the US pandemic response, turning it into a hub for Covid tests and vaccines. And she now wants to transform how primary health care is delivered by turning many neighborhood CVS stores into health care super clinics.

2. Jane Fraser, CEO, Citi

Photo Citi

Ranked No. 2 is Jane Fraser, Citigroup's CEO. In assuming the post earlier this year she became the first female chief of a major Wall Street bank.

Among Fraser's accomplishments so far, Fortune notes, she has been unifiying Citi's wealth management business and making plans to sell underperforming portions of the company's consumer operations.

3. Julie Sweet, Chairman and CEO, Accenture

Top 10 Most Powerful Women In Business of The World

Accenture's chairman and CEO Julie Sweet, who was last year's top ranking woman on Fortune's list, takes the No. 3 spot. On her watch, Fortune reports, the consulting firm saw revenue rise 14% in fiscal 2021, has invested heavily in leading technologies such as 5G and blockchain and set ambitious environmental goals, such as having net zero carbon emissions and net zero waste by 2025.

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4. Carol Tomé, CEO, UPS

Photo Business Insider

Carol B. Tomé is the Chief Executive Officer of UPS. She is the 12th CEO in the 114-year history of the company.

Before joining UPS, Carol served as Executive Vice President and Chief Financial Officer of The Home Depot, Inc., one of the world’s largest retailers. She joined the company in 1995 as Vice President and Treasurer.

Carol began her career as a commercial lender with United Bank of Denver (now Wells Fargo) and then spent several years as Director of Banking for Johns-Mansville Corporation. Prior to joining The Home Depot, Carol was Vice President and Treasurer of Riverwood International Corporation.

Carol serves as board member for Verizon Communications, Inc. and is a board trustee for Grady Memorial Hospital Corporation and the  Atlanta Botanical Garden. She is also a member of The Committee of 200, The Buckhead Coalition, The Business Council and the International Business Council of The World Economic Forum.

A native of Jackson, Wyoming, Carol holds a bachelor’s degree in communication from the University of Wyoming and a master’s degree in finance from the University of Denver.

5. Mary Barra, Chairman and CEO, GM

Photo CNBC

Mary Barra is Chair and Chief Executive Officer of General Motors. She was elected Chair of the GM Board of Directors on Jan. 4, 2016, and has served as CEO of GM since Jan. 15, 2014.

Under Barra’s leadership, GM envisions a world with zero crashes, to save lives; zero emissions, so future generations can inherit a healthier planet; and zero congestion, so customers get back a precious commodity – time.

She is focused on improving the customer experience and strengthening GM’s core vehicle and services business, while also working to lead the transformation of personal mobility through advanced technologies like connectivity, electrification and autonomous driving.

Prior to becoming CEO, Barra served as GM executive vice president, Global Product Development, Purchasing and Supply Chain since August 2013, and as senior vice president, Global Product Development since February 2011. In these roles, Barra and her teams were responsible for the design, engineering and quality of GM vehicle launches worldwide.

Previously, she served as vice president, Global Human Resources; vice president, Global Manufacturing Engineering; plant manager, Detroit Hamtramck Assembly; and in several other executive engineering and staff positions.

6. Rosalind Brewer, CEO, Walgreens Boots Alliance

Photo Getty

Rosalind (Roz) Brewer joined Walgreens Boots Alliance as Chief Executive Officer in March 2021. She also is a Director on WBA’s Board. Ms. Brewer most recently served as Chief Operating Officer and Group President at Starbucks from October 2017 to January 2021. Prior to Starbucks, she served as President and Chief Executive Officer of Sam’s Club, a membership-only retail warehouse club and division of Walmart, Inc., from February 2012 to February 2017. Ms. Brewer previously held several executive leadership positions with Walmart beginning in 2006.

Prior to joining Walmart, she served as President of Global Nonwovens Division for Kimberly-Clark Corporation, a global health and hygiene products company, from 2004 to 2006, and held various management positions at Kimberly-Clark beginning in 1984.

She currently serves as the Chairperson of the Board of Trustees for Spelman College, where she did her undergraduate work. Ms. Brewer also is a Board Member of the Smithsonian’s National Museum of African-American History and Culture. Ms. Brewer formerly served on the Board of Directors for Starbucks, Amazon, Lockheed Martin Corporation and Molson Coors Brewing Company. She is currently ranked #27 on Fortune’s 50 Most Powerful Women in Business.

7. Gail Broudreaux, President and CEO, Anthem

Photo Chicago Network

Gail K. Boudreaux is President & CEO of Anthem, Inc., a Fortune 50 company and leading health benefits provider, serving more than 43 million insured members through its affiliated health plans. In total, Anthem serves over 107 million lives through its broad portfolio of health insurance and services subsidiaries.

Throughout her more than three decades in the healthcare industry, Ms. Boudreaux has established an outstanding record of successfully leading multi-billion dollar businesses. As former CEO of United Healthcare, Ms. Boudreaux led the largest business division of UnitedHealth Group, where she had responsibility for approximately $120 Billion in revenue and managed more than 60,000 employees serving 45 million consumers. Prior to United Healthcare, Ms. Boudreaux served as Executive Vice President of Health Care Services Corporation and earlier as President of Blue Cross/Blue Shield of Illinois. She earned a bachelor’s degree with honors from Dartmouth College and an MBA with distinction from Columbia Business School.

Gail has been named as one of Fortune Magazine’s Most Powerful Women in Business…and featured by Forbes as one of 100 Most Powerful Women in the World. Additionally, she has been named by Modern Healthcare as one of the 100 Most Influential People in Healthcare, and she also received the 2018 Billie Jean King Leadership Award.

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8. Abigail Johnson, Chairman and CEO, Fidelity Investments

Abigail Johnson has served as CEO of Fidelity Investments since 2014, when she took over for her father, and has been chairman since 2016.

Her grandfather, Edward Johnson II, founded the Boston-based mutual fund giant in 1946.

She owns an estimated 24.5% stake of the firm, which has$3.8 trillion in managed assets.

Photo Fox Business

Johnson has embraced cryptocurrencies and, in 2018, Fidelity launched a platform that allows institutional investors to trade bitcoin and ether.

She worked summers at Fidelity through college and joined full-time as an analyst in 1988 after receiving a Harvard M.B.A.

ON FORBES LISTS

#85

Billionaires 2021

Power Women 2020

#34

Forbes 400 2020

The Richest Person In Every State 2019

#70

Powerful People 2018

The Richest Person In America’s 50 Largest Cities 2016

9. Ruth Porat, Senior Vice President and Chief Financial Officer, Alphabet and Google

Photo Yahoo

Ruth Porat joined Google as senior vice president and chief financial officer in May 2015 and has also held the same title at Alphabet since it was created in October 2015. She is responsible for finance, business operations, people operations and real estate and workplace services. Prior to joining Google, Porat was executive vice president and chief financial officer of Morgan Stanley and held roles there that included vice chairman of investment banking, co-head of technology investment banking and global head of the financial institutions group. Porat is a member of the board of directors of The Blackstone Group Inc.; the Stanford Management Company, Stanford University’s endowment; and the Council on Foreign Relations. She is also a member of the economic strategy group at the Aspen Institute and the advisory council of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution. She previously served 10 years on Stanford University’s board of trustees.

Porat holds a B.A. from Stanford University, an M.Sc. from The London School of Economics and an MBA from the Wharton School.

10. Thasunda Brown Duckett, President and CEO, TIAA

Thasunda Brown Duckett is President and Chief Executive Officer of TIAA, a Fortune 100 provider of secure retirements and outcome focused investment solutions to millions of people working in higher education, healthcare and other mission-driven organizations.

As TIAA’s CEO, Thasunda leads a company whose mission is defined by financial inclusion and opportunity – goals and values she has upheld throughout her career.

Thasunda joined TIAA after serving as Chief Executive Officer of Chase Consumer Banking, where she oversaw a banking network with more than $600 billion in deposits and 50,000 employees. Previously, she was the CEO of Chase Auto Finance, one of the leading U.S. providers of auto financing, and National Retail Sales Executive for Chase Mortgage Banking, where she managed 4,000 mortgage bankers.

Photo TIAA

Earlier in her career, Thasunda was a Director of Emerging Markets at Fannie Mae, where she led the implementation of national strategies designed to increase homeownership among Black and Hispanic Americans.

She serves on the boards of NIKE, Inc., Robert F. Kennedy Human Rights, Sesame Workshop, National Medal of Honor Museum, Economic Club of New York, University of Houston Board of Visitors and Dean’s Advisory Board for the Baylor University’s Hankamer School of Business. She is a member of the Executive Leadership Council, Delta Sigma Theta Sorority Inc. and Jack and Jill of America Inc.