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Fortune Reveals the 100 Most Powerful Women in Business

CVS Health CEO Karen S. Lynch tops the 26th annual list for 3rd consecutive year, followed by Accenture CEO Julie Sweet, GM CEO Mary Barra

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Last Updated on July 5, 2024 by Daily News Staff

Global ranking of 100 leaders includes 53 newcomers to the list this year including OpenAI CTO Mira Murati, Skims and SKKY co-founder Kim Kardashian, and Coty CEO Sue Nabi, an openly transgender woman

Finance and tech industries lead the way with 20 women from each field, 18 from retail, 7 each from health care and energy

67 women CEOs on MPW list 2023; non-U.S. women on list include 9 from U.K., 7 from Greater China, 6 from France, 4 from Australia, and 2 each from Spain, Brazil, India, and Germany

Cover of Fortune’s 100 Most Powerful Women issue belongs to OpenAI’s Murati

NEW YORK, Oct. 5, 2023 /PRNewswire/ — Today, Fortune announced the 2023 edition of the Most Powerful Women in Business list, featuring established and rising leaders from around the globe. Now in its 26th year, the Most Powerful Women celebrates 100 leading businesswomen representing industries including finance, tech, healthcare, telecom, retail, and energy, among others.

FORTUNE
Fortune Reveals the 100 Most Powerful Women in Business

This year’s list of the Most Powerful Women in business is the most comprehensive on record: It’s the first time Fortune has had a single worldwide list honoring 100 women. The list’s new global scope and bigger scale recognize the nature of top executives’ work—it spans the planet—as well as the near-record number of women who are leading companies on the Fortune 500, the largest in the U.S. by revenue, and the Fortune Global 500, the largest companies in the world.

In total, the list features 67 women with a CEO title, some of whom only recently stepped into the corner office. Margherita Della Valle became CEO of British telecom Vodafone in April. Sandy Ran Xu took over Chinese e-commerce titan JD.com in May. Vanessa Hudson assumed the CEO job at Australia’s flagship carrier Qantas in September. All are the first women to hold their respective jobs. Other women are making a major impact early in their careers, like 34-year-old Mira Murati, the Chief Technology Officer at OpenAI and Susan Li, Meta’s CFO.  Some other execs are leading the world’s most valuable startups including Kim Kardashian, the co-founder of the $4 billion shapewear line Skims.

When CEOs step down, women are getting called to replace them in greater numbers. Fortune notes that in this year’s first half, 106 CEOs worldwide left their jobs. Of the CEO replacements, 13% were women, up from 2.4% in 2018. Fortune writes: “The business world is demanding change, and women leaders are meeting the moment.”

The Top 10 of the 2023 Fortune 100 Most Powerful Women in Business:

  1. Karen S. Lynch, President and CEO, CVS Health (U.S.)
  2. Julie Sweet, Chair and CEO, Accenture (U.S.)
  3. Mary Barra, Chair and CEO, General Motors (U.S.)
  4. Jane Fraser, CEO, Citigroup (U.S.)
  5. Jessica Tan, Executive Director, Co-CEO, Ping An (China)
  6. Carol Tomé, CEO, UPS (U.S.)
  7. Emma Walmsley, CEO, GSK (U.K.)
  8. Ruth Porat, President, CIO, CFO, Alphabet and Google (U.S.)
  9. Shemara Wikramanayake, Managing Director and CEO, Macquarie (Australia)
  10. Gail Boudreaux, President and CEO, Elevance Health (U.S.)

For the third consecutive year, Karen S. Lynch, President and CEO of CVS Health, lands the #1 spot as the highest-ranking Fortune Global 500 (#11) company in the world led by a female chief executive.  In the past year, CVS Health acquired primary care provider Oak Street Health and home health care specialist Signify Health for a total of $19 billion. The deals are part of a strategy— accelerated with CVS Health’s 2018 acquisition of insurer Aetna—to transform the company formerly known as a drugstore chain and pharmacy benefit manager into a driving force in the healthcare sector.

Many of the women on the 2023 list will be speaking or attending Fortune’s Most Powerful Women Summit in Laguna Niguel, CA October 9 – 11. 

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About Fortune

FORTUNE upholds a legacy of award-winning writing and trusted reporting for executives who want to make business better. Independently owned, with a global perspective and digital agility, FORTUNE tells the stories of a new generation of innovators, builders, and risk takers. Online and in print, FORTUNE measures corporate performance through rigorous benchmarks, and holds companies accountable. FORTUNE creates communities by convening true thought leaders and iconoclasts – those who shape industry, commerce and society – through powerful and prestigious lists, events and conferences, such as the iconic Fortune 500, the CEO Initiative and Most Powerful Women. For more information, visit fortune.com.

SOURCE Fortune Media (USA) Corporation

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Lifestyle

Small Business Month: Celebrating the Entrepreneurs Powering America

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Last Updated on May 16, 2026 by Daily News Staff

people working in an office. Small Business Month
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National Small Business Month

Every May, communities across the United States recognize Small Business Month, a time dedicated to celebrating the entrepreneurs, family-owned companies, startups, and local shops that help drive the American economy. From neighborhood restaurants to innovative tech startups, small businesses continue to play a vital role in creating jobs, supporting communities, and inspiring innovation.

Shop Local

According to the U.S. Small Business Administration, small businesses account for millions of jobs nationwide and represent the backbone of local economies. Throughout May, organizations, chambers of commerce, and business leaders host networking events, educational workshops, and promotional campaigns to support entrepreneurs and encourage consumers to shop locally.

One of the highlights of the month is National Small Business Week, which honors outstanding entrepreneurs and business owners making a difference in their communities.

For consumers, Small Business Month is also a reminder that supporting local businesses helps strengthen neighborhoods and keeps communities thriving. Whether it’s dining at a local café, shopping at an independent store, or hiring a local service provider, every purchase can make an impact.

Learn more about Small Business Month and related events through the official U.S. Small Business Administrationwebsite.

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News Brief

Earthquake Swarm Shakes Southern California Near Salton Sea

Earthquake Swarm: A swarm of earthquakes near California’s Salton Sea and Brawley area has prompted increased monitoring by seismologists as hundreds of tremors shake the region.

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Salton Sea earthquake swarm

A swarm of earthquakes has been rattling Southern California near the Salton Sea, drawing attention from residents and seismologists across the region.

Salton Sea earthquake swarm?

The activity is centered near Brawley in Imperial County, an area known for frequent seismic movement due to its location within the Brawley Seismic Zone. According to the U.S. Geological Survey, hundreds of small earthquakes have been recorded over the past several days, with the strongest reaching a magnitude of approximately 4.7.

Residents throughout Imperial Valley, parts of Riverside County, and even portions of Arizona reported feeling shaking from several of the larger quakes. Minor incidents such as falling objects and brief power disruptions were also reported, though no major injuries or widespread structural damage have been confirmed at this time.

The region sits near the southern end of the San Andreas Fault and is considered one of California’s most geologically active areas. Scientists say earthquake swarms are relatively common near the Salton Sea because of the interaction between tectonic fault systems and geothermal activity beneath the surface.

While experts continue to monitor the situation closely, they emphasize that earthquake swarms do not necessarily indicate that a larger earthquake is imminent. However, officials encourage residents to review emergency preparedness plans, secure heavy furniture, and keep emergency supplies ready.

The Salton Sea region has experienced similar seismic swarms in the past, making it an important area of study for earthquake researchers and emergency management agencies.

For continued updates on this developing story and other regional news, visit STM Daily News.

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Consumer Corner

Frustration at the Pump: Why Americans are Exploring Electric Vehicles

Exploring Electric Vehicles: For more than one-third of Americans, one simple number is leading them to research electric vehicles: the final tally at a recent gas station fill-up. The pump is no longer just the close of a sale; for a growing number of drivers, it’s where questions begin.

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Frustration at the Pump: Why Americans are Exploring Electric Vehicles

Frustration at the Pump: Why Americans are Exploring Electric Vehicles

(Feature Impact) For more than one-third of Americans, one simple number is leading them to research electric vehicles: the final tally at a recent gas station fill-up.

This, according to new research from Hyundai Motor America, isn’t a hypothetical situation. In fact, 23% of respondents reported it’s happened to them more than once. For nearly half of Americans, pulling up to the pump now brings frustration or outright dread.

Many drivers have a number in mind where the math begins shifting, and once the shift happens, it rarely goes away. The pump is no longer just the close of a sale; for a growing number of drivers, it’s where questions begin.

For 23% of those surveyed, $5 per gallon is where they would start considering alternatives to a gas-powered vehicle. While some say they wouldn’t consider alternatives based on gas costs at all, this meaningful share of Americans points toward a specific tipping point.

Some begin by comparing models or brands while others find themselves on an automaker’s website, further along in the process than they initially expected to be. Most don’t act on this impulse right away, but drivers are increasingly caught somewhere between curious and committed – and 46% of those surveyed said they’d be likely to seriously research an EV.

The desire to leave the pump behind, which an EV would allow for, is a deal nearly half of respondents said they would take. However, the transition isn’t frictionless as charging access and range anxiety remain the top concerns for 28% of potential buyers.

While the move toward electric vehicles is often framed as a long-term decision made with spreadsheets and financial planning, for many Americans, it’s beginning somewhere smaller: a routine fuel stop and an eye-opening receipt.

If you’ve found yourself dismayed at the pump, find more information on electric vehicles at HyundaiUSA.com.

Photo courtesy of Shutterstock

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