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By the numbers

PepsiCo CEO Indra Nooyi ranks 2nd on Fortune’s 2016 ‘Most Powerful Women’ list

By WITW Staff on September 8, 2016

Fortune magazine has compiled the 2016 edition of its annual most powerful women list, and clocking in at No. 2 is PepsiCo’s indomitable CEO and chairman, Indra Nooyi. Fortune points to Nooyi’s vision to diversify the soda giant’s beverage and food offerings, and including more healthy options, as moves that have inspired the renewed faith Wall Street investors are showing in the company. Also, she’s yielded some pretty solid results. PepsiCo’s market cap has increased 18 percent over the last year, bringing it to a whopping $155 billion, under her watch. Nooyi, 60, is in her 10th year as the company’s CEO and back in April she appeared onstage at the Women in the World Summit in New York City and addressed the “unfinished business” of work-life balance. She spoke candidly about her mixed feelings about being a successful businesswoman and the “huge number of sacrifices” she made as a mother to reach the top. Watch the video below where she talks about what she would say if she “had to write a letter to myself as a younger person.”

Some other notable names on the list include Facebook COO Sheryl Sandberg at No. 7, Hewlett Packard CEO Meg Whitman at No. 8 and Heather Bresch, the embattled CEO of Mylan, the maker of EpiPen, at No. 23. In a separate article, Fortune addressed the controversy surrounding the inclusion of Bresch on this year’s list. In recent weeks, Bresch has been portrayed as the corporate villain behind the 500 percent increase in the price of the EpiPen, a device that provides life-saving medication for anyone, mostly children who suffer allergic reactions. Bresch didn’t even want to be included in this year’s list, given that she’s faced calls for her resignation. Fortune explained that the list is a ranking of “the female executives with the most power and influence in business today. There are no criteria for whether they wield that power virtuously or not. If anything, the revelations of the EpiPen price hikes have illustrated just how much power Bresch has — in business, in the pharmaceutical industry.”

The list is full of influential and inspiring women from all corners of corporate America, and only one woman ranked higher than WITW panelist Indra Nooyi.

See the complete list at Fortune.


A small group of high-performing female CEOs make more than their male colleagues

Indra Nooyi and Anne-Marie Slaughter attack the “unfinished business” of work-life balance