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THIRD ANNUAL WORKING WOMAN LIST NAMES AMERICA'S TOP 50 WOMEN BUSINESS OWNERS

Three billion dollar firms and 13 new names join well-known business
 women, including Donna Karan (No. 9), Oprah Winfrey (No. 44),
 Lillian Vernon (No. 26)
 NEW YORK, April 19 /PRNewswire/ -- WORKING WOMAN's third annual ranking of the country's top women business owners boasts three billion dollar firms (Little Caesar Enterprises, Raley's and Roll International) and 13 newcomers, including: the grocery cashier who worked her way up and bought out her boss (No. 50); the mother-daughter team who took an almost bankrupt file-folder business and turned it around (No. 22); and the Indian emigre who came to the U.S. for an arranged marriage and now employs her husband in her $200 million computer services company (No. 34). The WORKING WOMAN roster, compiled in conjunction with the National Foundation for Women Business Owners (NFWBO), includes 3 grocery store chains, 8 agricultural and food companies, 8 industrial firms and 12 apparel and accessories firms, among others.
 The WORKING WOMAN 50 represent more than $16 billion in revenues and provide jobs for more than 115,000 people. With median annual revenues of just under $200 million -- compared with $165 million only last year -- all but one of the 1994 top women owned businesses have sales of more than $100 million. The smallest firm on last year's list weighed in at $60 million; this year's No. 50 has sales of $82 million.
 Companies are listed by revenues, but to make the grade, owners have to meet several other criteria as well: At private firms, they must own at least 20% of the stock -- at public companies, at least 10% -- with no individual or institution owning more. Furthermore, the owner must be involved in day-to-day operations.
 In addition to ranking the country's top women business owners, WORKING WOMAN polled many of the women for their views on key issues in the news. "In many respects," says Lynn Povich, the magazine's Editor-in-Chief, "their answers set them apart from both the business community as a whole and the general public. Roughly 80% anticipate improvement in their own companies' fortunes and the economy overall. But unlike many other business leaders, they're acting on their convictions. About two-thirds plan to hire more employees this year, compared with just 27% of other companies. It's clear that these women, many of whom are industry pioneers, continue to lead the way for much of American business."
 "Once again, the Top 50 list demonstrates that women business owners are major players in the mainstream of this nation's economy, contributing to its health and competitiveness," said Laura Henderson, Chair NFWBO and President and CEO of Prospect Associates. "We are proud to join with the magazine in saluting the accomplishments of this distinguished list of 50 and all women business owners."
 Of the following list, 8 women bought their businesses (2 from their bosses); 16 inherited them; 26 founded or co-founded their businesses; 7 women have never attended college, only 1 holds an MBA; 41 have children; 2 share ownership with their children; 9 employ their kids full-time; and 2 have hired their husbands full-time.
 The WORKING WOMAN 50 will be honored at a gala event in Washington, D.C., September 29, 1994. Keynote speaker Anita Roddick, Founder and Managing Director, The Body Shop, will receive the second annual "Art of Achievement/Women in Leadership Award." Details will be forthcoming on the events planned in Washington to support the event and the 50 businesswomen being honored by WORKING WOMAN and NFWBO.
 A complete listing of the 1994 WORKING WOMAN Top 50 Women Business Owners follows:
 WORKING WOMEN'S TOP 50 BUSINESS WOMEN/REGIONAL LISTING
 NORTHEAST
 Linda Paresky, Co-Chair, Thomas Cook Travel, Cambridge, MA (20)
 Patricia Gallup, President/CEO, PC Connection, Marlow, NH (21)
 MIDATLANTIC
 Linda Wachner, Chair/President, Warnaco Group, New York, NY (6)
 Donna Karan, CEO, Donna Karan, New York, NY (9)
 Bettye Martin-Musham, President/CEO, Gear Holdings, New York, NY
 (12)
 Josephine Chaus, Chair/CEO, Bernard Chaus, New York, NY (18)
 Rachelle Friedman, Co-Founder, J&R Music World, New York, NY (25)
 Lillian Vernon, Chair/CEO, Lillian Vernon, New Rochelle, NY (26)
 Adrienne Vittadini, Chair, Adrienne Vittadini, New York, NY (32)
 Beatrice Snyder, Senior Vice Presdient, Biocraft Laboratories,
 Fair Lawn, NJ (33)
 Kavelle Bajaj, President/CEO, I-NET, Bethesda, MD (34)
 Celia Meilan, President, International Properties, Fairfield, NJ
 (37)
 Kay Unger, Partner, Gillian Group, New York, NY (40)
 Joan Helpern, President/CEO, Joan and David, New York, NY (45)
 Suzanne Millard, President, Turtle & Hughes, Linden, NJ (46)
 SOUTHEAST
 Annabelle Lundy Fetterman, Chair/CEO, Lundy Packing, Clinton, NC
 (14)
 Dorothy Owen, Chair, Owen Steel, Columbia, SC (27)
 Marilyn Marks, CEO, Dorsey Trailers, Atlanta, GA (28)
 Ann Gaither, Chair/CEO, J.H. Heafner, Lincolnton, NC (31)
 Ruth Fertel, Chair/CEO, Ruth's Chris Streak House, New Orleans, LA
 (43)
 MIDWEST
 Marian Ilitch, Secretary/Treasurer, Little Caesar Enterprises,
 Detroit, MI (1)
 Donna Wolf Steigerwaldt, Chair/CEO, Jockey International,
 Kenosha, WI (8)
 Barbara Levy Kipper, Chair, Chas, Levy, Chicago, IL (11)
 Ellen Gordon, President, Tootsie Roll Industries, Chicago, IL (17)
 Christel DeHaan, President/CEO, Resort Condominiums International,
 Indianapolis, IN (19)
 Ebba Hoffman, Sharon Hoffman Avent, President; Executive Vice
 President, Smead Manufacturing, Hastings, MN (22)
 Sydell Miller, President/CEO, Matrix Essentials, Solon, OH (23)
 Lois Rust, President, Rose Acre Farms, Seymour, IN (36)
 Sondra Healy, Chair, Turtle Wax, Chicago, IL (39)
 Kay Akey Creech, CEO, Carl S. Akey, Lewisburg, OH (41)
 Pleasant Rowland, President, Pleasant CO., Middleton, WI (42)
 Oprah Winfrey, Chair/CEO, Harpo Entertainment Group, Chicago, IL
 (44)
 Sharon Synder, President/CEO, Cornbelt Chemical Company, McCook, NB
 (47)
 Harriet Gerber Lewis, Chair, Gerber Plumbing Fixtures, Lincolnwood,
 IL (49)
 Marie Aarthun, President, Knowlan's Super Markets, St. Paul, MN
 (50)
 SOUTHWEST
 Liz Minyard, Gretchen Minyard Williams, Co-Chairs, Minyard Food
 Stores, Coppell, TX (5)
 Dian Graves Owen, Chair/CEO, Owen Healthcare, Houston, TX (15)
 Kathy Prasnicki, President, Sun Coast Resources, Houston, TX (30)
 CALIFORNIA
 Joyce Raley Teel, Co-Chair, Raley's, Sacramento, CA (2)
 Lynda Resnick, Co-Chair, Roll International, Los Angeles, CA (3)
 Jenny Craig, Vice Chair, Jenny Craig, Del Mar, CA (7)
 Helen Copley, Chair/CEO, Copley Press, LaJolla, CA (10)
 Susie Tompkins, Co-Founder, Esprit De Corp., San Francisco, CA (13)
 Carole Little, Co-Chair, Carole Little, Los Angeles, CA (38)
 Jessica McClintock, President, CEO, Jessica McClintock,
 San Francisco, CA (35)
 Marcy Carsey, Co-Owner, Carsey-Werner, Los Angeles, CA (38)
 Lane Nemeth, President/CEO, Discovery Toys, Martinez, CA (48)
 NORTHWEST
 Gertrude Boyle, Chair, Columbia Sportswear, Portland, OR (24)
 Helen Jo Whitsell, Chair/CEO, Copeland Lumber Yards, Portland, OR
 (29)
 OTHER
 Antonia Axson Johnson, Chair, Axel Johnson, Stockholm, Sweden (4)
 -0- 4/19/94
 /CONTACT: For WORKING WOMAN, Sarah Duffy-Edwards, 718-858-3143; for NFWBO, Pam Pryor, 202-833-1663/


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