Saturday, June 26, 2010

Women on Top


- According to Forbes 2010 most powerful women list, several of our favorite companies have women as their CEO’s.

- In January, President Obama signed the historic Lilly Ledbetter Fair Pay Act, which aims to guarantee equal compensation for men and women.

- Yet women still don't enjoy the same rewards for their managerial performance as men.

- This year, America's top-paid female CEOs earned, on average, $3.9 million. Compare this to the men, who raked in an average of $11.9 million.




No. 1 Andrea Jung
Avon Products Age: 51
Tenure as chief: 10 years
Total compensation: $11.8 million
An icon among female CEOs, Jung (No. 25 on our Power Women list) has kept Avon fresh and relevant with new packaging and an emphasis on skin care. Economic weakness has spurred more women to form Avon franchises.


No. 2 Carol Meyrowitz
TJX Age: 56
Tenure as chief: three years
Total compensation: $11.1 million (No. 24 on our Power Women list) is skillfully shepherding the company that owns Marshalls and T.J. Maxx.




No. 3 Indra Nooyi
PepsiCo
Age: 54
Tenure as chief: three years
Total compensation: $9.4 million
The Indian native (No. 3 on our Power Women list) orchestrated a huge acquisition this year that greatly enhanced Pepsi's position in the beverage market by purchasing Pepsi Bottling Co.





Rosemary Roberts Cloud may not be a CEO, but she is Fire Chief for the City of East Point, Georgia, and the first African American Female Fire Chief in the United States. In her position, she is responsible for managing four fire stations and 100 employees, in a city with 40,000 residents.



Elizabeth Blackburn: biological researcher at UCSF. Awarded 2009 Nobel prize in Medicine.

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