Global 500 hits record highs for female CEOs
Today’s edition records Kamala’s new book, The Tariff Deluge, and the Global 500.
– Record settings. luck‘s Global 500the world’s largest companies rankings were released earlier this week. And it broke the record. Women operates 500 more global companies than ever before.
Of the 500 companies on the list, 33 have female CEOs this year. That’s from last year’s 28, but 33 is still at 6.6%. It’s far behind Fortune 500ranking of the largest businesses in America, with women running 55 businesses this year, Or 11% of the company on the list.
The total 500 companies worldwide are more than a third of global GDP and earnings of $41.7 trillion. The Global 500’s smallest company is a higher revenue bar for companies to create their lists than the Fortune 500, which brings $32.2 billion a year. For the Fortune 500, that cutoff was $7.4 billion this year. Women-led Fortune 500 companies are often smaller than the world giants. This is the reason for the global 500 lag behind the Fortune 500 in women’s leadership.
That’s the highest-ranking female-led global 500 companies this year General Motorsled by CEO Mary Barra. (One of the reasons she was our number one The most powerful women list (early this year). After GM eLlevance Healthled by Gail Boudreaux. Jane Fraser’s Citigroup. And Sarah London Sentines.
A few companies have become women-led global 500 businesses for the first time this year. Ding Xiangqun currently runs People’s Insurance Co. in China, a $86 billion state-owned insurance company. Amanda Bardwell takes over the $44 billion return Australian supermarket chain Woolworth Group September 2024. Emilia Esther Caleja Aro took over Mexican utility CFE October. Karin Rådström currently leads Germany Daimler Truck Holding and Susan D. Morris are two months after running Albertsons.
Other prominent female CEOs of the non-US global 500 business include Sandy Ran Xu from JD.com. Magda Changbriand of Petrobras, Brazil. Catherine McGregor of France Engie. And of course Accenture Chief Julie Sweet (the company was founded in Ireland and appears in the Global 500 rather than the Fortune 500). My colleague, Lila McClellan, Amazing new story About Accenture CEO along with this list.
Emma Hinchliff
Emma.Hinchliffe@Fortune.com
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Also in the headline
– Price to pay. Trump announced the latest tariffs ahead of yesterday’s deadline, with universal tariffs still at 10%. Mexico has a 90-day suspension with higher tariffs. And the administration compared Mexico to Canada, which was hit much harder. Officials said Canada “doesn’t show the same level of constructivity as seen from the Mexican side.” This achievement will likely go to Mexico’s President Claudia Sheinbaum. Claudia Shainbaum has proven to be skilled at working with the Trump administration. CNN
– Reading list. After she announced that she would not run for governor of California, Kamala Harris revealed her upcoming book. 107th, The accounts are scheduled to be released in September for the former vice president’s shortest historic presidential election. CNN
– Beauty business. Under CEO Kecia Steelman, Ulta Beauty is preparing to become global. That expansion places it in a greater competition with Sephora, the beauty leader of fame. pack
– Crossing the aisle. The two senators are behind rare, genuine, bipartisan efforts. Senators Jeanne Shaeen (DN.H.) and Lisa Murkowski (R-Alaska) have introduced legislation that provides $54.6 billion in aid to Ukraine over two years. New York Times
Mover and shaker
Skai Blue Media has been acquired by Actum LLC. Founder of Skai Blue Rakia Reynolds Become a company partner.
AI cybersecurity company Trellix has been hired Natalie Polson As the highest revenue officer.
With my radar
My big beautiful sterilization cut
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American Eagle’s male gear Sidney Sweeney ads have Generation Z women scratching their heads Wall Street Journal
Words of farewell
“A lot of ‘Oh, now I found out what I was trying to do!” moments before I did this. ”
– Ratchell’s quarch Her path To find her calling as a child performer