The recently released Fortune Magazine list of the most powerful women in US Business shows Kraft Foods boss Irene Rosenfeld claiming the top spot by pushing PepsiCo Inc chief Indra Nooyi to second spot. Oprah Winfrey, who was at No. 6 spot in 2010 sank to No. 16 this year. While women represent about half of the United States’ white-collar workers, they are a rarity in the upper echelons of business, with female chief executives running just 3 percent of companies in the Standard & Poor’s 500 index.
Irene Rosenfeld -Rank 1
Chairman and CEO
Kraft Foods
The 58-year old was ranked number 2 in 2010
Kraft chief executive, who led a hostile $18-billion takeover of Britain’s Cadbury last year, has been defined by Fortune as a person who "made a big show of power this year with her decision to split Kraft into two companies." Her new role hasn’t been decided but she plans to remain CEO until the deal’s expected close in 2012.
Indira Nooyi--Rank 2
CEO and chairman
PepsiCo
The 55-year-old was ranked 1 in 2010
Nooyi, the only woman to appear in the top 10 most powerful as well as the top 10 highest paid list, slipped to the second spot of the first category. Fortune Magazine noted that "Nooyi has been criticized for taking her eye off the core North American soda business, which has lost share to Coke." It, however, says that "PepsiCo has forged further into nutrition-focused products, a business that the company is trying to grow to $30 billion in 2020 from about $10 billion in 2010," under Nooyi's watch.
Here is the list of Fortune's Top 10 most powerful women for the year 2011:
1. Irene Rosenfeld
2. Indra Nooyi
3. Patricia Woertz
4. Ellen Kullman
5. Angela Braly
6. Andrea Jung
7. Ginni Rometty
8. Ursula Burns
9. Meg Whitman
10. Sherilyn McCoy
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