"Right now, nothing is more important than a nimble, agile leader, who is comfortable with ambiguity and figuring it out as they go along."
--Avon (AVP) President Liz Smith, in a discussion led by Pattie Sellers at NYU today. The panel, which also included Cece Sutton, Morgan Stanley's (MS) new retail banking president, was hosted by Forte Foundation. (To view video of the dialogue, click here.)
Smith and Sutton, both on Fortune's MOREJessica Shambora, Writer-Reporter - Jun 26, 2009 6:54 PM ET
The ouster of Bank of America's (BAC) chief risk officer, Amy Brinkley, was inevitable, as I wrote in "Behind the shakeup at BofA" on Friday.
And as I mentioned in that piece, two years ago, Fortune featured Brinkley and five other execs in "One Step Away," about rising-star Most Powerful Women on track to be CEOs of Fortune 500 companies someday. So what's happened to the other five?
One woman made it MOREPatricia Sellers - Jun 8, 2009 12:31 PM ET
"At the end of a day the performance of a company like Kraft has everything to do with the quality of the people that we have in the key roles and so I spend most of my time worrying about whether that's the case, making sure...we have the right people in the right places, that they have the resources that they need to get the job done."
-- Kraft (KFT) CEO MOREJessica Shambora, Writer-Reporter - May 5, 2009 6:57 PM ET
I'm on the run in Washington, following meetings at the White House yesterday and a spectacular "Most Powerful Women Evening With..." dinner that Fortune hosted on Monday night in the Benjamin Franklin Room at the State Department. We had eight U.S. Senators with us--including our speakers, Senators Barbara Boxer of California and Kay Bailey Hutchison of Texas--and scores of women leaders, a touch of royalty (HM Queen Noor, who is MOREJessica Shambora, Writer-Reporter - Apr 29, 2009 3:25 PM ET
What makes a Fortune Most Powerful Woman?
This is a question that we get constantly, since rising-star business women (or their PR people!) wrangle to get a spot on Fortune's annual Power 50 list. And many a male CEO takes it as a badge of honor to have one or more of his direct reports in the MPWomen rankings. In just 11 years, Fortune's MPWomen list, which we release in the MOREPatricia Sellers - Mar 23, 2009 12:44 PM ET
by Patricia Sellers
Procter & Gamble (PG) lost its president today: Susan Arnold, a 29-year veteran who drove the company's high-margin beauty business to $20 billion in sales and went on to oversee all of P&G's brands, stepped down one day after her 55th birthday.
"My dad retired at 62," Arnold said, phoning this afternoon on her way to a Walt Disney (DIS) board meeting. "Then he got really sick. You know MOREPatricia Sellers - Mar 9, 2009 2:57 PM ET
On Friday, I left you with a promise: that I'd find something new and proactive to do to answer President Obama's call to "responsibility"--which seems to be the buzzword of his Administration.
I found my "to do" this weekend--but before I tell you what I decided on, let me share briefly what I spent yesterday working on. Carrie Welch, my onetime Fortune colleague and former Most Powerful Women Summit co-chair, and MOREPatricia Sellers - Mar 2, 2009 2:10 PM ET
When chaos and crisis are in the air, it's easy to shelve programs that are about building for the long-term future. That's why I'm particularly proud that Fortune and Goldman Sachs (GS) recently partnered to create the Goldman Sachs-Fortune Global Women Leaders Award.
This annual award is a product of the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. every May MOREPatricia Sellers - Nov 10, 2008 12:35 PM ET
We've spent the last three months slicing and dicing the accomplishments and career histories of the most powerful women in business -- far too many facts and figures to fit into our Most Powerful Women package in the magazine. Here are 10 intriguing facts that we couldn't find space for in print:
Youngest woman to ever appear on the list: Marissa Mayer, VP of Search and User Experience at Google (GOOG). MOREJessica Shambora, Writer-Reporter - Sep 30, 2008 12:11 PM ET
The U.S. Open begins today at the USTA Billie Jean King National Tennis Center. So what could be more fitting than a Guest Post on Postcards from Billie Jean King herself? It's fitting too because King, ranked No. 1 in the world five times during her legendary career, has odd and interesting connections to some of the CEOs on Fortune Most Powerful Women in Business list.
This May, at a Most MOREPatricia Sellers - Aug 25, 2008 2:31 PM ET
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