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So, perhaps it’s no surprise that three of the top 10 women named on the 2021 list of Most Powerful Women in Fortune, released on Monday, run healthcare companies, or that half of them have become CEO during the Covid crisis.
Lynch grabbed the top spot for two big reasons: Shortly after taking office in February of this year, she made CVS (CVS) a central player in the response to the US pandemic, turning it into a hub for Covid testing and vaccines. And now she wants to transform the way primary health care is delivered by turning many neighborhood CVS stores into super health care clinics.
Ranked # 2 is Jane Fraser, Citigroup (VS) CEO. Taking on the post earlier this year, she became the first female head of a major Wall Street bank.
Among Fraser’s accomplishments so far, according to Fortune, she has unified Citi’s wealth management business and made plans to sell underperforming portions of the company’s consumer operations.
Accenture (ACN) President and CEO Julie Sweet, who was the top-ranked woman last year on Fortune’s list, takes third place. Under his watch, Fortune reports, the consulting firm saw its revenues increase by 14% in fiscal 2021, invested heavily in cutting-edge technologies such as 5G and blockchain, and set environmental goals. ambitious goals, such as zero net carbon emissions and zero net waste by 2025.
Rosalind Brewer (# 6), CEO of Walgreens Boots Alliance, and Thasunda Brown Duckett (# 10), chairman and CEO of investment firm TIAA, also feature in Fortune’s top 10.
Brewer and Duckett are currently the only two black female CEOs of Fortune 500 companies, of which there have only been four.
In addition to running complex multi-billion dollar businesses, both have prioritized promoting fairness. Brewer has made vaccine equity a priority, and Duckett is known for her efforts to make the financial system more inclusive for people of color.
Here are the top 10 female executives on Fortune’s 2021 Most Powerful Women list:
1. Karen Lynch, CEO, CVS Health
2. Jane Fraser, CEO, Citi
3. Julie Sweet, President and CEO, Accenture
4. Carol Tomé, CEO, UPS
5. Mary Barra, President and CEO, CEO
6. Rosalind Brewer, CEO, Walgreens Boots Alliance
7. Gail Broudreaux, President and CEO, Anthem
8. Abigail Johnson, President and CEO, Fidelity Investments
9. Ruth Porat, Senior Vice President and Chief Financial Officer, Alphabet
10. Thasunda Brown Duckett, President and CEO, TIAA
(Here is the full list of the 50. Please note a subscription is required.)
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