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CEOWORLD magazine - Latest - Stats Gate - Top Women CEOs of America’s largest public companies (2023 List)

Stats Gate

Top Women CEOs of America’s largest public companies (2023 List)

Karen Lynch

The rise of female CEOs: In 1972, Katharine Graham made history as the first female CEO of a Fortune 500 company when she assumed leadership of The Washington Post. Today, we have witnessed a significant shift, with 52 companies within the Fortune 500 being led by female CEOs. CVS Health is the largest company, by leaps and bounds, to be led by a female CEO, Karen Lynch; the second-highest-ranking business led by a woman is Mary Barra’s General Motors.

This achievement is undoubtedly worth celebrating, but experts emphasize that it should not be seen as the final destination. Instead, they hope that this number becomes a new baseline, a starting point for further progress. The aim is for the representation of female CEOs to continue growing, exceeding the current figures. It is about creating a new standard rather than accepting it as a limit.

Becoming a Fortune 500 CEO can be a specific goal some executives pursue. For others, it may naturally unfold due to their career trajectories and exceptional leadership. Regardless of the path taken, the increasing presence of female CEOs signifies the breaking of barriers and the recognition of women’s capabilities in top-level positions. It reflects a positive shift towards greater diversity, inclusivity, and equal opportunities in corporate leadership.

Top Female CEOs of America’s largest public companies (2023 List)

RANKCEOCompanyREVENUES ($M)EMPLOYEES
1Karen S. LynchCVS Health$322,467 259,500
2Mary BarraGeneral Motors$156,735 167,000
3Gail Koziara BoudreauxElevance Health$156,595 102,300
4Sarah LondonCentene$144,547 74,300
5Rosalind G. BrewerWalgreens Boots Alliance$132,703 262,500
6Priscilla AlmodovarFannie Mae$121,596 8,000
7Jane FraserCitigroup$101,078 238,104
8Carol B. ToméUPS$100,338 404,700
9Tricia GriffithProgressive$49,611 55,063
10Corie BarryBest Buy$46,298 71,100
11Safra CatzOracle$42,440 143,000
12Thasunda DuckettTIAA$40,911 16,070
13Phebe NovakovicGeneral Dynamics$39,407 106,500
14Vicki HollubOccidental Petroleum$37,095 11,973
15Kathy J. WardenNorthrop Grumman$36,602 95,000
16Lynn GoodDuke Energy$28,784 27,859
17Jennifer RumseyCummins$28,074 73,600
18Elizabeth BurrRite Aid$24,568 53,000
19Christine A LeahyCDW$23,749 15,100
20Lisa SuAdvanced Micro Devices$23,601 25,000
21Patricia K. PoppePG&E$21,680 26,010
22Julie SloatAmerican Electric Power$19,640 16,974
23Beth FordLand O'Lakes$19,226 9,000
24Ellen CooperLincoln National$18,766 11,316
25Barbara RentlerRoss Stores$18,696 101,000
26Kate JohnsonLumen Technologies$17,478 29,000
27Karla R. LewisReliance Steel & Aluminum$17,025 14,750
28Maria BlackAutomatic Data Processing$16,498 60,000
29Anna ManningReinsurance Group of America$16,258 3,800
30Jennifer A. ParmentierParker-Hannifin$15,862 55,090
31Carrie WheelerOpendoor Technologies$15,567 2,570
32Laura PrieskornJackson Financial$14,551 3,435
33Stephanie FerrisFidelity National Information Services$14,528 69,000
34Judy MarksOtis Worldwide$13,685 69,000
35Penny PenningtonJones Financial (Edward Jones)$12,411 52,000
36Lauren HobartDick's Sporting Goods$12,368 35,800
37Kathleen MazzarellaGraybar Electric$10,534 9,400
38Joyce MullenInsight Enterprises$10,431 13,448
39Michele BuckHershey$10,419 18,970
40Lori J. RyerkerkCelanese$9,673 13,263
41Joey WatYum China Holdings$9,569 275,500
42Teresa J. RasmussenThrivent Financial for Lutherans$9,347 3,692
43Reshma KewalramaniVertex Pharmaceuticals$8,931 4,800
44Barbara R. SmithCommercial Metals$8,914 12,483
45Mary DillonFoot Locker$8,759 31,040
46Laura J. AlberWilliams-Sonoma$8,674 16,800
47Jennifer M. JohnsonFranklin Resources$8,275 9,800
48Sheryl PalmerTaylor Morrison Home$8,225 3,000
49Kristin C. PeckZoetis$8,080 13,800
50Sue E. GoveBed Bath & Beyond$7,868 32,000
51Nazzic S. KeeneScience Applications International$7,704 25,000
52Gina BoswellBath & Body Works$7,560 33,000
53Linda RendleClorox$7,107 9,000
54Joanne CrevoiseratTapestry$6,685 15,350
55Rose LeeCornerstone Building Brands$6,480 19,500
56Adena FriedmanNasdaq$6,226 6,377
57Heather LavalleeVoya Financial$5,922 6,070
58Stephanie LinnartzUnder Armour$5,727 12,300
59Michelle KeefeSyneos Health$5,393 29,290
60Judy R. McReynoldsArcBest$5,324 15,700
61Sue Y. NabiCoty$5,304 11,012
62Cary GraceAMN Healthcare Services$5,243 4,230
63Karen S. HallerSouthwest Gas Holdings$4,960 13,614
64Jayshree UllalArista Networks$4,381 3,612
65Mary E. KippPuget Energy$4,221 3,250
66Carey SmithParsons$4,195 17,000
67Debra CafaroVentas$4,129 451
68Andi OwenMillerKnoll$3,946 11,300
69DENISE PAULONISSally Beauty Holdings$3,816 21,000
70Susan HardwickAmerican Water Works$3,792 6,500
71Celeste B. MastinH.B. Fuller$3,749 7,000
72Fran HorowitzAbercrombie & Fitch$3,698 18,400
73Tamara Adler L. LundgrenSchnitzer Steel Industries$3,486 3,471
74Sandra B. CochranCracker Barrel Old Country Store$3,268 73,000
75Kristin DolanAMC Networks$3,097 1,948
76Lorie L. TekoriusGreenbrier$2,978 14,400
77Kimberly K RyanHillenbrand$2,941 11,000
78Lucinda M. BaierBrookdale Senior Living$2,825 30,600
79Sara E. ArmbrusterSteelcase$2,773 12,250
80Cindy J. MillerStericycle$2,705 15,360
81Maria PopePortland General Electric$2,647 2,873
82Lynn M. BamfordCurtiss-Wright$2,557 8,100
83Kirsten A. LynchVail Resorts$2,526 26,200
84Anne NoonanSummit Materials$2,413 4,800

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CEOWORLD magazine - Latest - Stats Gate - Top Women CEOs of America’s largest public companies (2023 List)
Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at info@ceoworld.biz.