In as we speak’s version: Kamala’s new e book, the tariff deluge, and a file for the World 500.
– Report-setting. Fortune‘s World 500, a rating of the world’s largest firms, was revealed earlier this week. And it broke a file—girls are working extra World 500 firms than ever earlier than.
Of the five hundred firms on the checklist, 33 have feminine CEOs this yr. That’s up from 28 final yr—however 33 continues to be solely 6.6%. It’s far behind the Fortune 500, the rating of America’s largest companies, the place girls this yr ran 55 companies, or 11% of the businesses on the checklist.
The businesses on the World 500 complete $41.7 trillion in income, greater than one-third of the world’s GDP. It’s the next income bar for a corporation to make the checklist than on the Fortune 500—the smallest firm on the World 500 brings in $32.2 billion yearly. On the Fortune 500, that cutoff was $7.4 billion this yr. Girls-led Fortune 500 firms are sometimes smaller than the world’s giants—one purpose the World 500 lags behind the Fortune 500 in feminine management.
The best-ranking woman-led World 500 firm this yr is Basic Motors, led by CEO Mary Barra. (One purpose she was No. 1 on our Most Highly effective Girls checklist earlier this yr). GM is adopted by Elevance Well being, led by Gail Boudreaux; Jane Fraser’s Citigroup; and Sarah London’s Centene.
A handful of firms grew to become women-led World 500 companies for the primary time this yr. Ding Xiangqun now runs the Folks’s Insurance coverage Co. of China, the $86 billion-in-revenue state-owned insurer. Amanda Bardwell took over the $44 billion-in-revenue Australian grocery store chain Woolworths Group in September 2024. Emilia Esther Calleja Alor took over the Mexican utility CFE in October. Karin Rådström now leads Germany’s Daimler Truck Holding and Susan D. Morris is 2 months into working Albertsons.
Different notable feminine CEOs of non-U.S. World 500 companies embrace Sandy Ran Xu of JD.com; Magda Chambriad of Brazil’s Petrobras; and Catherine MacGregor of France’s Engie. And naturally Accenture chief Julie Candy (the corporate is integrated in Eire, and seems on the World 500 fairly than the Fortune 500). My colleague Lila MacLellan has a improbable new story concerning the Accenture CEO out now alongside this checklist.
Emma Hinchliffe
emma.hinchliffe@fortune.com
The Most Highly effective Girls Every day publication is Fortune’s day by day briefing for and concerning the girls main the enterprise world. Subscribe right here.
ALSO IN THE HEADLINES
– Worth to pay. Trump unveiled his newest tariffs forward of a deadline yesterday, with a common tariff nonetheless at 10%. Mexico has a 90-day pause on any greater tariffs—and the administration in contrast Mexico to Canada, which was hit a lot tougher. An official mentioned that Canada hasn’t “proven the identical degree of constructiveness that we’ve seen from the Mexican aspect.” The credit score seemingly goes to Mexican President Claudia Sheinbaum, who has proved adept at working with the Trump administration. CNN
– Studying checklist. After saying she will not run for governor of California, Kamala Harris revealed her upcoming e book. 107 Days, set to publish in September, will probably be an account of the previous vp’s shortest-in-history presidential marketing campaign. CNN
– Magnificence biz. Ulta Magnificence, below CEO Kecia Steelman, is making ready to go international. Its growth locations it in higher competitors with status magnificence chief Sephora. Puck
– Throughout the aisle. Two senators are behind a uncommon, true bipartisan effort. Sen. Jeanne Shaeen (D-N.H.) and Sen. Lisa Murkowski (R-Alaska) launched laws that would supply $54.6 billion in help to Ukraine over two years. New York Occasions
MOVERS AND SHAKERS
Skai Blue Media was acquired by Actum LLC; Skai Blue founder Rakia Reynolds will develop into a associate on the agency.
AI cybersecurity firm Trellix employed Natalie Polson as chief income officer.
ON MY RADAR
My large stunning sterilization The Lower
Former Netflix worker sues over wrongful termination, alleges discrimination and retaliation LA Occasions
American Eagle’s male-geared Sydney Sweeney adverts have Gen Z girls scratching their heads Wall Avenue Journal
PARTING WORDS
“Earlier than I did this, there have been so many ‘Oh, now I’ve discovered what I’m meant to do!’ moments.”
—Rachel Accurso on her path to discovering her calling as the kids’s performer Ms. Rachel
