Here are the
world’s 10 most powerful women in technology as profiled by Forbes:
#8 Sheryl Sandberg, 45, COO, Facebook
This former
Google executive joined Facebook in 2008 and became the first woman on its
board four years later. Sandberg helped the social network scale globally,
go
public and expand digital revenue. Earlier, the Harvard MBA was a World Bank
economist and chief of staff to then-Treasury Secretary Larry Summers.
#9 Susan Wojcicki, 46, CEO, YouTube
In February
2014, Wojcicki moved from her post as consigliere for Google’s ads and commerce
(some 90% of revenue) to become CEO of Google-owned YouTube, the world’s
largest video platform. In 2006, Wojcicki championed the $1.65 billion
acquisition of the video site. YouTube, with more than 1 billion unique
visitors a month, is now valued at some $20 billion, with 2014 revenues hitting
$4 billion, up 33% from the prior year.
#13 Virginia Rometty, 57, CEO, IBM
More than three
years have passed since Rometty took the helm at IBM and it’s been anything but
smooth sailing. With 11 consecutive quarters of revenue declines, IBM is
sticking to its focus on boosting profit margins and cultivating growth. Under
Rometty the technology giant has been shifting its portfolio of businesses. She
has led spending programs for data-analysis software and skills, cloud
computing and Watson artificial intelligence technology. At the same time IBM
has sold businesses that generated billions in sales but lost money or broke
even, including its chip-manufacturing operation and a division that made
low-end server computers. Rometty joined IBM at age 24 as a systems engineer in
1981 and became the company’s first female CEO in 2012.
#14 Meg Whitman, 58, CEO, HP
The
Hewlett-Packard CEO Meg Whitman has helmed the $112 billion (revenues) tech
company since 2011 and became chairman in 2014. Nearly all of her fortune,
though, comes from her decade-long stint as CEO of online auction house eBay,
which she helped expand from 30 employees and $5 million in sales to more than
15,000 employees and $8 billion in revenue. A Princeton graduate with a Harvard
MBA, Whitman did stints at Hasbro, the Walt Disney Co. and Bain & Co and
today sits on the Procter & Gamble board.
#22 Marissa Mayer, 39, CEO, Yahoo, Inc.
Since taking
the helm three years ago, Marissa Mayer has upgraded content — including hiring
journalists Katie Couric and Matt Bai — and pursued an aggressive acquisition
strategy aimed at boosting mobile revenues. But sales growth has remained
sluggish, and Mayer has faced pressure from activist investors to cut costs and
improve financial performance. In January 2014, Mayer announced plans to spin off
Yahoo’s stake in Chinese e-commerce behemoth Alibaba. The move will put the
focus back on Yahoo’s core business and Mayer’s ability to turn it around. Much
of Mayer’s personal fortune comes from what she accumulated during her 13 years
at Google, where she was among its earliest employees. The Yahoo chief’s pay
package jumped 69% to $42 million in 2014, making her one of the country’s
highest-paid CEOs.
#24 Safra Catz, 53, Co-CEO, Oracle Corporation
One of Larry
Ellison’s closest confidants, Safra Catz became co-CEO of his software giant
Oracle in September 2014. A 16-year vet of the company, she’s been richly
rewarded with stock options and is one of world’s highest-paid female
executives, earning nearly $38 million in 2014. The Israeli-born, Boston-raised
executive is credited with spearheading its aggressive acquisition strategy.
She played a role in closing over 85 acquisitions over the past five years
helping to cement Oracle’s dominant position in the world of enterprise
technology.
#25 Angela Ahrendts, 54, Senior Vice President,
Apple, Inc.
The first woman
on Apple CEO Tim Cook’s executive team, Ahrendts started as SVP of retail and
online stores at Apple this spring. The gadget giant created the role for her
after the former Burberry CEO, credited with turning around the ailing fashion
house, grew revenues to more than $3 billion and stocks returned 300%. She’s
also the first person responsible for 400+ brick-and-mortar stores as well as
online retail efforts. Before Burberry, Ahrendts held leadership positions at
Liz Clairborne, Henri Bendel, and Donna Karan International.
#29 Ursula Burns, 56, Chair-CEO, Xerox
Corporation
In her five
years as CEO, Ursula Burns has managed to make Xerox–once only known for its
carbon copies–a viable and profitable company. This past year, Burns helped
Xerox generate adjusted earnings per share of $1.09, up from $1.02 in 2012, and
post $21.4 billion in full-year revenue. She recently told shareholders that
she would continue to sharpen the company’s technology-driven, services-led
portfolio. Services represents 57% of the company’s total revenue and is
expected to grow to two-thirds by 2017. Burns is a Xerox lifer, beginning her
career in 1980 as a summer intern.
#32 Ruth Porat, 57, Chief Financial Officer,
Google, Inc.
Longtime power
woman on Wall Street, Ruth Porat is moving coasts and taking her talents to
Google. After joining Morgan Stanley in 1987, Porat survived the stock market
crash untouched. She worked closely with fellow Power Woman Mary Meeker, and
moved on to become Morgan Stanley’s vice chair of Investment Banking, global
head of the Financial Institutions Group and in 2010, its CFO. During crisis
bailouts in 2008, Porat kept a cool head: She helped advise the U.S. Treasury
and NY Fed on Fannie Mae, Freddie Mac and AIG. Porat leaves the bank after one
of its strongest quarters in recent years — trading and wealth management
profits swelled 60% in 2015’s Q1 — and is expected to earn at least $70 million
during her first two years at Google.
#33 Lucy Peng, 42, CEO, Ant Financial Services,
Alibaba Group
Alibaba’s most
powerful woman executive heads the group’s fast expanding stand-alone financial
services unit, which serves about 615 million users. Ant Financial, formerly
known as Small and Micro Financial Services Company, serves mostly small
borrowers and depositors who, like most things online, possess extraordinary
strength when combined. It is made up of Alipay, China’s version of PayPal and
the engine powering the entire Alibaba e-commerce world; Alipay Wallet, a
mobile payment service provider, among others. It recently added MYbank,
commercial banking for small clients. An IPO for Ant Financial is in the cards,
and its value has been estimated between $35 to $40 billion. Peng was a
cofounder of Alibaba and continues to serve as its chief people officer.
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