BLACK ENTERPRISE Announces List Of 50 Most Powerful Women in Business

BLACK ENTERPRISE (BE) President & CEO Earl “Butch” Graves Jr. announced the publication’s list of the 50 Most Powerful Women in Business, as featured in the magazine’s February 2006 cover story. The list includes two chairwomen, 11 CEOs and 13 presidents, representing the top echelon of women in business. The final tally was culled from hundreds of potential candidates across numerous industries — including the finance, food/beverage, media, entertainment, communications, and government sectors. The final 50 have authority over budgets totaling billions of dollars and control subsidiaries, divisions, or departments that affect the fiscal health and direction of their businesses. They range from senior managers of multinational corporations to founders of some of the nation’s largest black-owned businesses.

While the complete list totals 50 women — the largest number to appear on similar lists compiled by BE in 1991 and 1997 — there remains a lack of African American women in the C-suite. Despite the progress women executives have made, recent data finds that an abysmal 1.1% of black female executives reach corporate officer or top-earner status (Source: Catalyst, 2005). “While we’re glad to see our list nearly double since 1991, the fact that there remain few African American women in the C-suite shows that corporate America can do much more to help close the gaps,” said Graves. “The powerful women on our list, including cover subjects Jerri DeVard, Renetta McCann, and Debra L. Lee, clearly demonstrate that American businesses need contributions from a diverse group to remain a vital, competitive force in the global economy.”

The 50 Most Powerful Black Women in Business are:

Adrian E. Bracy, VP Finance, St. Louis Rams
Janice Bryant Howroyd, CEO, Act 1 Group
Ursula M. Burns, President, Business Group Operations/Corporate SVP, Xerox Corp.
Susan Chapman, Global Head of Operations, Citigroup Realty Services
Edith W. Cooper, Head of North American Hedge Fund Distribution, Fixed Income, Currencies & Commodities, Goldman Sachs
Jerri DeVard, Senior VP, Brand Management & Marketing, Verizon my Ellis-Simon, Managing Director, Head of Multiproduct Sales, Merrill Lynch
Diana S. Ferguson, SVP of Strategy & Corporate Development, Sara Lee Corp.
Ann Fudge, Chairman & CEO, Y&R and Young & Rubicam Brands
Vicki L. Fuller, SVP & Senior Portfolio Manager, Alliance Capital Management Corp.
Linda Gooden, President, Information Technology, Lockheed Martin
Glenda Goodly McNeal, SVP & General Manager, Retail & Emerging Industries, Establishment Services, North America, American Express
Kim Green, Executive VP, Willis Global Risk Solutions
Carla A. Harris, Managing Director, Global Capital Markets, Morgan Stanley
Bridgette Heller, Global President, Baby, Kids & Wound Care Franchise, Johnson & Johnson Consumer Products Co.
Mellody Hobson, President, Ariel Capital Management L.L.C.
Cathy L. Hughes, Founder & Chairman, Radio One Inc.
Donna A. James, President, Nationwide Strategic Investments, Nationwide Mutual Insurance Co.
Melissa James, Managing Director, Morgan Stanley
Sheila C. Johnson, CEO, Salamander Hospitality L.L.C.
Linda Johnson Rice, President & CEO, Johnson Publishing Co. Inc.
Debra L. Lee, Chairman, President & CEO, Black Entertainment Television
Wonya Y. Lucas, Executive VP and General Manager, The Weather Channel Networks
Paula Madison, KNBC President & General Manager; NBC/Telemundo Los Angeles Regional GM
Renetta McCann, CEO, Starcom MediaVest Group
Harriet R. Michel, President, National Minority Supplier Development Council Inc.
Valerie Mosley Diamond, SVP & Fixed Income Portfolio Manager, Wellington Management
Denise L. Nappier, Treasurer, State of Connecticut
Kim Nelson, VP. General Mills Inc./President, Snacks Unlimited
Christina Norman, President, MTV
Vicki R. Palmer, Executive VP, Financial Services & Administration, Coca Cola Enterprises Inc.
Lisa W. Pickrum, Executive VP & COO, RLJ Cos. L.L.C.
JoAnn H. Price, General Partner, Fairview Capital Partners
Vikki L. Pryor, President & CEO, SBLI USA Mutual Life Insurance Co. Inc.
Sylvia Rhone, Executive VP. Universal Records/ President, Motown
Desiree G. Rogers, Corporate SVP. Peoples Energy Corp./President, Peoples Gas & North Shore Gas
Cathy D. Ross, SVP & CFO, FedEx Express, FedEx Corp.
Debra A. Sandler, Worldwide President, McNeil Nutritional L.L.C., Johnson & Johnson
Ingrid Saunders Jones, SVP, Corporate External Affairs, The Coca-Cola Co./Chairman, The Coca-Cola Foundation
Suzanne Shank, President & CEO, Siebert Brandford Shank & Co. L.L.C.
Gwendolyn Smith Iloani, Chairman, President & CEO, Smith Whiley & Co.
Paula Sneed, Executive VP, Global Marketing Resources & Initiatives, Kraft Foods Inc.
Gwendolyn Sykes, Chief Financial Officer, NASA
Pamela Thomas-Graham, Group President, Liz Claiborne Inc.
Tracey Travis, CFO & Senior VP of Finance, Polo Ralph Lauren Corp.
Carol H. Williams, President, CEO & Chief Creative Officer, Carol H. Williams Advertising
Oprah Winfrey, Chairman, Harpo Inc.
Mary A. Winston, Executive VP & CFO, Scholastic Corp.
Jacqueline Woods, VP, Global Practices, Oracle Corp.
Deborah C. Wright, Chairman & CEO, Carver Bancorp Inc.

Comprehensive profiles of the 50 Most Powerful Women in Business are available in the February issue of BLACK ENTERPRISE, available on newsstands Jan. 24.

Via PRNewswire

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