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PepsiCo chief tops list of powerful women
Thu, October 09 2008
In its citation, the U.S. magazine says India-born Nooyi, 52, “has moved swiftly to offset slowing beverage sales in North America by expanding the international business, which now represents 26 per cent of revenues. She is also pushing healthier products like orange juice with omega-3 fatty acids.” Nooyi beat Iene Rosenfeld, head of Kraft Foods (No. 2); Anne Mulcahy, chairperson and CEO, Xerox (No. 4); Andrea Jung, chairperson and CEO, Avon Products (No. 6); and Harpo head Oprah Winfrey (No. 8). The list, now in its 11th year, has notable firsts. Lynn Elsenhan (rank 48), Sunoco’s CEO and president, is the first woman ever to run a major U.S. oil company, and Marissa Mayer (rank 50), Google’s vice-president, search products and user experience, is the youngest honoree ever at age 33. Fortune ranked women at for-profit companies based on the size, importance and health of their business in the global economy, career momentum and social and cultural influence. The list will appear in the Oct. 13 issue of Fortune. Some of the high-profile women who have dropped off the list include Meg Whitman, president and CEO, eBay; and Sallie Krawcheck, who left Citigroup. Tell us what you think
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