Saturday, May 28, 2022

Successful Businesses with Women at the Helm

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It is no secret that men have dominated affairs within the corporate board rooms of major corporations for way too long now. Look at the list of Fortune’s 500 most prominent companies in the World, and you’ll find that most of them are managed by male CEOs. Research suggests that only 37 of the 500 companies on that list are led by women leaders or CEOs. This is some distinction. 

However, even though it has taken women a long time to establish their corporate world stakes, they are slowly and gradually breaking the invisible glass ceiling. Women are currently managing some of the largest companies in the World in top roles. Yes, you read that right, women have paved their way to the top, and while there is still a significant disparity, you’ll find a few women managing the most prominent companies around the World. 

In this article, we mention some of the boldest women sitting at the helm of some successful businesses. This is just the motivation fellow women need to improve their performance and make their way onto this successful list. 

Mary Barra – CEO of General Motors 

Mary Barra broke quite a few invisible glass ceilings when she was appointed at the helm of General Motors back in 2014. Mary Barra was appointed the chairman and chief executive officer of the automobile company and still maintains that position. Mary wasn’t just the first female CEO in the history of General Motors but was also the first female CEO to be part of a major United States automobile company. This is some stat. 

Fortune magazine ranked Mary Barra the second most influential woman in business on their recent list. Additionally, she also made it to the 6th position on Forbes’ list of the 100 Most Powerful Women in the World in 2020. She is currently managing the stakes at General Motors and is tasked with overseeing the transition to electric vehicles for the organization.

General Motors is by far one of the most prominent auto manufacturers in the United States and was even ranked on a significant number 18 in the Fortune 500 list released for 2020. 

Gail Boudreaux – CEO, Anthem

Gail Boudreaux became the president and CEO of Anthem in the year 2017. Gail Boudreaux is no stranger to fame and success, as before she was appointed the CEO of Anthem, the visionary was working as the CEO of United Healthcare. Anthem is one of the biggest health insurance companies in the United States and includes HealthSun, Aspire Health, and 1st Choice within its ranks. 

Gail Boudreaux is revered by Wall Street and her fellow peers in the industry for her visionary approach and insight. Gail Boudreaux has been credited for the success Anthem has enjoyed at the stock exchange. The company’s stock value jumped up by an impressive 20 percent during the first two years of her tenure in charge. 

Fortune magazine ranked Gail Boudreaux in their most influential women in business list of 2020. Additionally, she made it to Forbes’ list of the 100 Most Powerful Women in the World in 2020. Gail Boudreaux was also the proud recipient of the Billie Jean King Leadership Award in the year 2018. 

Jane Fraser – CEO, Citigroup

Jane Fraser became CEO of Citigroup in 2021 and is known to be the first female CEO in the company’s history. Citi is known to be one of the biggest global banks and is present in over 160 countries. The bank ranks as the biggest credit card issuer around the globe. Fraser has been part of Citigroup since 2004 now and has worked under multiple subsidiaries, slowly and gradually rising among the ranks. 

Karen Lynch – CEO, CVS Health

Karen Lynch is the first woman president and CEO of CVS Health. CVS Health is a leading pharmaceutical company with over 1,000 MinuteClinic locations and some 9,900 pharmacies across the country. 

Karen Lynch was part of the World’s 100 Most Powerful Women ranked by Forbes and recognized as the 100 people transforming business in 2019. She has been ranking on Fortune’s most powerful women in the business list for five years running now. 

Safra Catz – CEO, Oracle

Safra Catz has been part of the Oracle board since 2014 and has worked as its CEO since. Catz is also known as the World’s highest-paid woman CEO, roping in over $40 million annually. Safra ran over 130 acquisitions for Oracle and was also part of the Intelligence Advisory Board for President Donald Trump. 

Carol Tomé – CEO, United Parcel Service (UPS)

United Parcel Service or UPS appointed Carol Tome as its first female CEO by bringing her out of retirement. Carol Tome now oversees and manages the shipping and logistics of the business. UPS has grown under her and handles over 21 million packages daily within the United States. Carol Tome is accredited with steering UPS through the COVID-19 pandemic with her soothing presence and leadership style. 

Female entrepreneurs and executives are an inspiration for hundreds and thousands of women looking to make it big in the business world. The success stories of these businesses and the women at their helm will help you take your own goals forward and follow in their footsteps.  


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