The female CEOs helming Fortune Global 500 companies
A growing number of women are helming the world’s most lucrative companies.
Fortune recently released its annual Global 500, a list of the 500 largest companies in the world.
Altogether, the combined sales of these businesses equal 31.7 trillion US dollars or one-third of global GDP. This year, the number of women running companies on the list soared by nine, bringing it to a total of 23 women running Global 500 companies.
Fortune notes that the list of female CEOs became much more diverse this year. In 2020, only one woman of colour ran a Global 500 business. In 2021, this rose to six women of colour serving as Global 500 CEOs.
We take a look at the educational credentials of some of these women in power:
CVS Health president and CEO Karen Lynch
Lynch is the president and CEO of CVS Health, an American healthcare company that owns retail pharmacy chains. According to LinkedIn, Lynch has a bachelor’s in accounting from Boston College and an MBA from Boston University.
Walgreens Boots Alliance CEO Rosalind (Roz) Brewer
Brewer was a former Starbucks and Walmart executive before becoming Walgreens Boots Alliance CEO. Her LinkedIn notes that she has a bachelor’s in chemistry from Spelman College and executive education from Wharton’s Advanced Management Program. Brewer represents one of the six women of colour serving as Fortune Global 500 CEOs in this year’s list.
Citigroup CEO Jane Fraser
Fraser has spent a whopping 17 years with Citigroup and is the first female CEO in the firm’s history. She has a MA in economics from the University of Cambridge as well as an MBA, which she obtained from Harvard Business School.
TIAA CEO Thasunda Brown Duckett
Duckett is retirement manager TIAA’s newly minted CEO and president. She has had previous stints as CEO with Chase and Chase Auto Finance. She has a BBA, Finance and Marketing from the University of Houston and an MBA from Baylor University.
Ping An Insurance co-CEO Tan Sin Yin (Jessica Tan)
Ping An is a financial services company. Tan, who is Singaporean, holds bachelor’s degrees in electrical engineering and economics as well as master’s degrees in electrical engineering and computer science from the Massachusetts Institute of Technology (MIT).
Oracle CEO Safra Catz
Catz is the CEO of Oracle — a major player in cloud-based applications. The Israeli-born, self-made billionaire earned a bachelor’s degree from the Wharton School for the University of Pennsylvania. She later went to the University of Pennsylvania Law School and earned a Juris Doctor degree.