Pepsico CEO Indra Nooyi among 18 women leading Fortune 500
Soft drink major Pepsico's Indian born CEO Indra Nooyi is one of the 18 women who have shattered the glass ceiling to lead America's 500 largest corporations, according to Fortune magazine's latest ranking.
Nooyi, who leads the 41st biggest company in America, is listed fourth among top women executives by the leading US business magazine. She has overseen a shift in focus from soft drinks into less profitable, albeit healthier, snack foods market in recent years, says the magazine.
Others on the list that includes more women CEOs than ever before are Meg Whitman of Hewlett-Packard (10th) and Ginni Rometty of IBM (19th).
Also on the list are Patricia Woertz of agricultural processors Archer Daniels Midland, Irene Rosenfeld who heads up Kraft Foods and Ursula Burns who is CEO at Xerox and Sherilyn McCoy at Avon.
Rometty is IBM's first female CEO and Xerox chief Ursula Burns is the first African-American woman to head a Fortune 500 company. The top five female CEOs on the list all held positions in strategic planning before being appointed.
There are an additional 21 female CEOs in the Fortune 501-1000, some managing steel, oil and energy companies.About 10 percent of the top 500 US companies, and almost 40 percent of Canada's 500 largest companies have no women on their boards, according to Catalyst, a nonprofit research organization advocating for more women in business.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
