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Carly Fiorina Tops FORTUNE's List of 50 Most Powerful Women in Business for Fourth Year.


Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 1, 2001

Lower-Profile Women Topple More Well-known Names From Tech and

Internet Sector; Ranking Includes 14 Newcomers

Though Hewlett-Packard lost $65 billion in market value in a year, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Carly Fiorina Cara Carleton "Carly" Fiorina (born Cara Carleton Sneed; September 61954 in Austin, Texas) is an American business executive, best known as former CEO (1999–2005) and Chairman of the Board (2000–2005) of Hewlett-Packard (HP).  hasn't lost her nerve, and for the fourth consecutive year holds the No. 1 position on FORTUNE's ranking of the 50 Most Powerful Women in Business.

The complete list and accompanying stories are in the October 15 issue of FORTUNE, available on newsstands October 8 and at www.fortune.com at 12:00 p.m. on October 1.

In the No. 2 spot is eBay CEO Meg Whitman Margaret C. "Meg" Whitman (born August 4, 1956) has been the President and CEO of the online marketplace eBay since March 1998. Whitman joined eBay when the company had 29 employees and operated solely in the United States; eBay is now a global organization with over 11,000 , who runs an Internet company that actually makes money: $85 million in the last four quarters on $582 million in revenue. Oprah Winfrey “Oprah” redirects here. For the show, see The Oprah Winfrey Show.

Oprah Gail Winfrey (born January 29, 1954) is the American multiple-Emmy Award winning host of The Oprah Winfrey Show, the highest-rated talk show in television history.
, the Queen of Media, is mightier than ever, and holds the No. 3 spot, up from No. 15 last year. She produces movies, brings comfort and advice to millions of TV viewers, propels books to bestsellerdom, and, last year, teamed up with Hearst Magazines' Cathie Black (No. 28 on the list) to publish O, The Oprah Magazine-by some measures the most successful magazine startup ever. At No. 4 is Andrea Jung Andrea Jung (鍾彬嫻, pinyin: Zhōng Bīnxián) (born 1957 in Toronto, Ontario, Canada) is a business executive. In 2001 she was named one of the 30 most powerful women in America by Ladies Home Journal. , Chairman and CEO of Avon, who has breathed life into ailing Avon. Mirant CEO Marce Fuller-the only newcomer in the top five-holds the No. 5 position. Inside a stodgy stodg·y  
adj. stodg·i·er, stodg·i·est
1.
a. Dull, unimaginative, and commonplace.

b. Prim or pompous; stuffy:
 utility, Southern, Fuller built a high-growth trading and marketing unit, which was spun off in April.

In these new, more tempered times, patience may be about to reap its reward. In FORTUNE's annual survey of the 50 Most Powerful Women in Business, there is a clear emergence of women who came to power slowly. Says FORTUNE senior writer Pattie Sellers in "Patient But Not Passive," the story that accompanies the list, "By patience, we mean staying with a company, steadily building influence there, and rising to power through determination and insider knowledge, not promises and self-promotion."

Fiorina, who has claimed the top spot each year since FORTUNE's inaugural list in 1998, heads the biggest company ($48 billion in revenues last year) run by a woman. And she is still as audacious and impatient im·pa·tient  
adj.
1. Unable to wait patiently or tolerate delay; restless.

2. Unable to endure irritation or opposition; intolerant: impatient of criticism.

3.
 as ever. Wall Street practically heckled her latest move-a bold bet to buy Compaq-but Fiorina, 47, remains defiant de·fi·ant  
adj.
Marked by defiance; boldly resisting.



de·fiant·ly adv.

Adj. 1.
. In difficult times, "people who drive change are the subject of great scrutiny," she says.

As always, the list is a snapshot (1) A saved copy of memory including the contents of all memory bytes, hardware registers and status indicators. It is periodically taken in order to restore the system in the event of failure.

(2) A saved copy of a file before it is updated.
 of power at a moment in time. Last year, power resided in the technology and Internet sectors, but that influence was fleeting. Gone from the list this year: Deborah "Hurricane Debby The name Debby has been used for five tropical cyclones in the Atlantic Ocean.
  • 1982's Hurricane Debby - reached Category 4 strength, grazed Bermuda and caused high winds at Cape Race, but no significant damage.
" Hopkins, who pushed her agenda too ambitiously at Lucent and lost her CFO See Chief Financial Officer.  job in May; Ellen Hancock Ellen Hancock is a long-time technology manager from the United States who has worked for IBM and Apple, among others.

Hancock was born in the Bronx, New York City and raised in Westchester.
, who failed at her startup, Exodus; and Morgan Stanley's Mary Meeker Mary G. Meeker (born September ??, 1959 in rural Portland, Indiana, USA) is an influential[1] Wall Street securities analyst and investment banker primarily associated with dot coms and the 1990s internet bubble. , who influenced so many to buy into the Internet fizz. But one Web warrior looks better than ever: Meg Whitman, No. 2 on the list. She has never overpromised to investors; instead she has diligently dil·i·gent  
adj.
Marked by persevering, painstaking effort. See Synonyms at busy.



[Middle English, from Old French, from Latin d
 delivered above-target profits every single quarter.

Fourteen newcomers join the list this year: Marce Fuller, President & CEO, Mirant; Louise Kitchen, COO, Enron Americas; Colleen Barrett Colleen Barrett is the current President and Corporate Secretary of Southwest Airlines. She has been with the company since its inception in 1971. Since March of that year she has served as Secretary of the Corporation, as Vice President Administration from 1986 through 1990, and , President & COO, Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest.
Southwest Airlines Co.
; Betsy Bernard, President & CEO, AT&T Consumer; Anne Stevens, VP, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  Vehicle Operations, Ford Motor; Maria Elena Lagomasino Maria Elena Lagomasino has been a director of The Coca-Cola Company since 2003. Ms. Lagomasino is the past chairman and chief executive officer of J.P. Morgan Private Bank, a unit of J.P. Morgan Chase & Co. Prior to assuming this position in September 2001, Ms. , Chairman & CEO, J. P. Morgan Private Bank; Susan Desmond-Hellman, EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 and Chief Medical Officer, Genentech; Janet Robinson, SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
, Newspaper Operations, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Co.; Carol Tome, EVP and CFO, Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services.

Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box
; Carrie Cox, EVP and President, Global Prescriptions, Pharmacia; Carole Black, President and CEO, Lifetime Television Networks; Larree Renda, EVP, Retail Operations, Safeway; and Louise Francesconi, VP and GM, Missile Systems, Raytheon.

While the economy and its points of power change, the criteria we use to evaluate power remains the same. Says Sellers: "We consider the size and importance of a woman's business in the global economy, her clout inside her company, and the arc of her career-where she has been and where she is likely to go. When appropriate, we also weigh the woman's influence on mass culture and society. That factor lifts Oprah Winfrey to No. 3 on this year's list." The shifts on our list this year are dramatic, with 14 newcomers. But one trend is especially intriguing in·trigue  
n.
1.
a. A secret or underhand scheme; a plot.

b. The practice of or involvement in such schemes.

2. A clandestine love affair.

v.
: Women are taking on bigger businesses than ever. A few years ago, responsibility for a $3 billion business almost automatically earned a woman a spot on this list. No more. This year's FORTUNE 50 includes several women who lead businesses with annual revenues of $20 billion or more, which is a first.

In a related story, "It Took a Lady To Save Avon," Katrina Brooker looks at Andrea Jung, Chairman and CEO of Avon. Says Brooker, "Jung knows what women want and how to sell it to them. And that's what has made her one of the most successful CEOs-male or female-in recent years." Over the past 20 months she has overhauled nearly everything about the way Avon does business: how it advertises, manufactures, packages, and even sells its products, and she has done it not by abandoning the seemingly seem·ing  
adj.
Apparent; ostensible.

n.
Outward appearance; semblance.



seeming·ly adv.
 outdated out·dat·ed  
adj.
Out-of-date; old-fashioned.


outdated
Adjective

old-fashioned or obsolete

Adj. 1.
 Avon Lady, but by reviving her. The result: growth in revenues, operating profits Operating profit (or loss)

Revenue from a firm's regular activities less costs and expenses and before income deductions.


operating profit

See operating income.
, and operating margins Operating Margin

A ratio used to measure a company's pricing strategy and operating efficiency.

Calculated by:
.

In addition, FORTUNE includes an international list of the 50 powerful women in business. The top ten, featured in the magazine, are Marjorie Scardino Dame Marjorie Morris Scardino, DBE, FRSA, (born 25 January 1947) is the CEO of Pearson PLC. She became the first female Chief Executive of a FTSE 100 company when she was appointed CEO of Pearson[1] in 1997. , CEO, Pearson (Britain); Anne Lauvergeon This is a temporary translation of the French Wikipedia page

Anne Lauvergeon, born August 2 1959 in Dijon (Côte-d'Or, France), is a French businesswoman, and president of Areva.
, Chairman, Areva (France); Mary Ma, Senior VP & CFO, Legend (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ); Marianne Nivert, President & CEO, Telia (Sweden); Lien lien, claim or charge held by one party, on property owned by a second party, as security for payment of some debt, obligation, or duty owed by that second party.  Siaou-Sze, Vice President, Hewlett-Packard (Hong Kong); Patricia Barbizet, CEO, Artemis (France); Eiko Kono, President, Recruit (Japan): Belinda Stronach Belinda Caroline Stronach, PC, MP (born May 2, 1966 in Newmarket, Ontario) is a Canadian businessperson, philanthropist, politician, and a Liberal Member of Parliament (MP) in the Canadian House of Commons. , CEO, Magna International Magna International Inc. TSX: MG is a Canadian company based in Aurora, Ontario. It is Canada's largest automobile parts manufacturer, and one of the country's largest companies. It also owns the successful Magna Steyr automobile production company of Austria.  (Canada); Marina Berlusconi Marina Berlusconi (Maria Elvira Berlusconi, born August 10, 1966 in Milan) is the daughter of Silvio Berlusconi, Italy's billionaire former prime minister.

Marina Berlusconi holds several posts in her father's media empire.
, Vice Chairman, Fininvest (Italy); Christine Tsung, President & CEO, China Airlines (Taiwan). You can read about the other forty at www.fortune.com or in the international editions of FORTUNE.

2001 FORTUNE 50 Most Powerful Women in American Business

2001 2000
Rank Rank  Name          Title                         Company
1   1   Carly Fiorina    Chairman and CEO              Hewlett-Packard
2   3   Meg Whitman      President and CEO             eBay
3   15  Oprah Winfrey    Chairman                      Harpo
                                                       Entertainment
4   10  Andrea Jung      Chairman and CEO              Avon
5   new Marce Fuller     President and CEO             Mirant
6   18  Anne Mulcahy     President and CEO             Xerox
7   14  Karen Katen      EVP and President
                         Pharmaceutical Group          Pfizer
8   39  Pat Woertz       President, Chevron Products   Chevron
9   23  Betsy Holden     Co-CEO                        Kraft Foods
10  43  Indra Nooyi      President and CFO             PepsiCo
11  7   Shelly Lazarus   Chairman and CEO              Ogilvy & Mather
                                                       Worldwide
12  50  Abigail Johnson  President                     Fidelity
                                                       Management and
                                                       Research
13  9   Martha Stewart   Chairman and CEO              Martha Stewart
                                                       Living OmniMedia
14  12  Patricia Dunn    Global CEO                    Barclays Global
                                                       Investors
15  16  Judy McGrath     Chairman and CEO, MTV Group   Viacom
16  17  Sherry Lansing   Chairman, Motion Picture
                         Group, Paramont               Viacom
17  new Louise Kitchen   COO                           Enron Americas
18  19  Lois Juliber     COO                           Colgate-Palmolive
19  18  Marilyn Carlson
        Nelson           Chairman and CEO              Carlson Companies
20  new Colleen Barrett  President and COO             Southwest
                                                       Airlines
21  21  Ann Moore        EVP, Time Inc.                AOL Time Warner
22  22  Judy Lewent      EVP and CFO                   Merck
23  new Betsy Bernard    President and CFO             AT&T Consumer
24  31  Stacey Snider    Chairman, Universal Pictures  Vivendi
                                                       Universal
25  30  Dina Dublon      EVP and CFO                   J.P. Morgan Chase
26  10  Pat Russo        President and COO             Eastman Kodak
27  new Anne Stevens     VP, North American Vehicle
                         Operations                    Ford Motor
28  11  Ann Livermore    President, HP Services        Hewlett-Packard
29  28  Cathleen Black   President                     Hearst Magazines
30  24  Linda Sanford    SVP and Group Executive,
                         Storage Systems               IBM

31  33  Amy Brinkley     Chairman, Credit Policy       Bank of America
32  4   Donna Dubinsky   CEO                           Handspring
33  38  Marjorie Magner  Senior EVP, Consumer Group    Citigroup
34  13  Nancy Peretsman  EVP and Managing Director     Allen & Co.
35  25  Dawn Lepore      Vice-Chair, EVP, and CIO      Charles Schwab
36  27  Gail McGovern    President, Fidelity Personal
                         Investments                   Fidelity
37  new Maria Elena
        Lagomasino       Chairman and CEO              J.P  Morgan
                                                       Chase Private
                                                       Bank
38  new Susan
        Desmond-Hellman  EVP and Chief Medical Officer Genentech
39  new Janet Robinson   SVP, Newspaper    Operations  New York
                                                       Times Co.
40  new Carol Tome       EVP and CFO                   Home Depot
41  46  Jamie Gorelick   Vice-Chair                    Fannie Mae
42  45  Vivian Banta     EVP and CEO, U.S. Consumer    Prudential
43  new Carrie Cox       EVP and President, Global
                         Prescriptions                 Pharmacia
44  47  Anne Sweeney     President, ABC Cable Networks
                         Group                         Disney
45  new Carole Black     President and CEO             Lifetime
                                                       Television
                                                       Networks
46  44  Marion Sandler   Co-Chairman and Co-CEO        Golden West
                                                       Financial
47  new Janet Davidson   Group President, Integrated
                         Network                       Lucent
                         Solutions
48  new Larree Renda     EVP, Retail Operations        Safeway
49  new Louise
        Francesconi      VP and GM, Missile Systems    Raytheon
50  8   Abby Joseph
        Cohen            Chief Market Strategist       Goldman Sachs

FORTUNE's International 50 Most Powerful Women

Rank  Women           Title              Company             Country
 1 Marjorie Scardino  CEO                Pearson             Britain
 2 Anne Lauvergeon    Chairman           Areva               France
 3 Mary Ma            Senior VP and CFO  Legend              Hong Kong
 4 Marianne Nivert    President and CEO  Telia               Sweden
 5 Lien Siaou-Sze     Vice President     Hewlett-Packard     Hong Kong
 6 Patricia Barbizet  CEO                Artemis             France
 7 Eiko Kono          President          Recruit             Japan
 8 Belinda Stronach   CEO                Magna International Canada
 9 Marina Berlusconi  Vice Chairman      Fininvest           Italy
10 Christine Tsung    President and CEO  China Airlines      Taiwan
11 Maureen Kempston
   Darkes             President          GM Canada           Canada
12 Mary Minnick       President and COO  Coca Cola Asia      U.S.
13 Nita Ing           Chairman           Taiwan High-Speed
                                         Railway             Taiwan
14 Barbara Kux        Executive Director Ford Europe         Germany
15 Ho Ching           Chairman           Singapore
                                         Technologies        Singapore
16 Sari Baldauf       President          Nokia Networks      Finland
17 Judy Boynton       CFO                Royal Dutch/Shell
                                         Group               Britain
18 Maria Silvia
   Marques Bastos     CEO                Companhia
                                         Siderurgica
                                         Nacional            Brazil
19 Clara Furse        CEO                London Stock
                                         Exchange            Britain
20 Linda Cook         CEO                Shell Gas & Power   Britain
21 Val Gooding        CEO                BUPA                Britain
22 Agnes Touraine     Vice Chairman and
                      CEO                Vivendi Universal
                                         Publishing          France
23 Margaret Jackson   Chair              Qantas              Australia
24 Kathleen Bader     President          Dow Styrenics &
                                         Engineered
                                         Prod.               Switzerland
25 Kathleen O'Donovan CFO                Invensys            Britain
26 Wanda Rapaczynksi  President          Agora               Poland
27 Juliet Wu Shihong  Executive Director TCL Holdings        China
28 Vivienne Cox       Group Vice
                      President          BP                  Britain
29 Maria Asuncion
   Arambruzabala
   Larregui           Vice Chairman      Grupo Modelo        Mexico
30 Yoshiko Shinohara  President          TempStaff           Japan
31 Lalita Gupte       Managing Dir.
                      and COO            ICICI               India
32 Sawako Noma        President          Kodansha            Japan
33 Imre Barmanbek     CEO                Dogan Group         Turkey
34 Nina Wang          Chair              Chinachem           Hong Kong
35 Li Yifei           General Manager    MTV China           China
36 Gail Cook-Bennett  Chairperson        Canada Pension
                                         Plan Inv. Bd.       Canada
37 Marluce Dias da
   Silva              Director General   Rede Globo          Brazil
38 Anna Cheng
   Catalano           Group Vice
                      President          BP                  Britain
39 Rose Marie Bravo   CEO                Burberry            Britain
40 Britta Steilmann   CEO                Steilmann Group     Germany
41 Galia Maor         President and CEO  Bank Leumi          Israel
42 Magda Salarich     Managing Director  Citroen Spain       Spain
43 Marjorie Yang      Chairman           Esquel Group        Hong Kong
44 Teresita Sy        President          SM                  Philippines
45 Dominique Heriard
   Dubreuil           Chair and CEO      Remy Cointreau      France
46 Gianna
   Angelopoulos-
   Daskalaki          President          Athens Olympic
                                         Committee           Greece
47 Naina Lal Kidwai   Vice Chairman      J.P. Morgan Stanley India
48 Barbara Cassani    CEO                Go                  Britain
49 Irene Charnley     Commercial
                      Director           M-Cell              South
                                                             Africa
50 Katijah Ahmad      Chair and CEO      KAF Discounts       Malaysia
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9JAPA
Date:Oct 1, 2001
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