Postcards
Who's up, down and off the Most Powerful Women list
September 29, 2011: 12:09 PM ETThe biggest news about the 2011 Fortune Most Powerful Women list is that we have a new No. 1: Kraft Foods (KFT) CEO Irene Rosenfeld bumped PepsiCo's (PEP) Indra Nooyi to the No. 2 spot.
But when I went on CNBC this morning to reveal the new rankings, the Squawk Box anchors seemed most interested in who fell off our top 50 Power list. First and foremost to leave the list: Carol Bartz, whom the Yahoo (YHOO) board fired in the most unceremonious style two weeks ago. Thanks to co-anchor Andrew Ross Sorkin for generously plugging my interview with Bartz, one day after her ouster. (If you missed the zesty Bartz story, you can read it here.) And if you want to see what I said about who's up, down, and new to the Fortune MPW list, here's the clip from CNBC.
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Beware the pay gap!
Tonight's CNBC documentary hosted by David Faber, Untold Wealth: the Rise of the Super Rich, talks about the widening gap between "haves" and "have-nots" in America. In 1985, there were only 13 billionaires in the U.S. Today there are more than 1,000, and hundreds of thousands of multi-millionaires.
This calls to mind a conversation that Pattie Sellers (Postcards' main author) and I had yesterday with a well-known chief executive. We were MORE
Patricia Sellers - Jun 26, 2008 5:33 PM ETPosted in: CNBC, David Faber, hedge funds, management, pay, Personal Power, Postcards, Power Shift, the spread, turnover, Wall Street
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Fortune Most Powerful Women
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Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.
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The Fortune/U.S. State Department Global Women Leaders Mentoring Partnership brings rising-star women from countries around the world to the U.S. for three-week mentorships with participants of the annual Fortune Most Powerful Women Summit - among them Ursula Burns of Xerox, Laura Lang of Time Inc., Marissa Mayer of Yahoo, and Tory Burch.
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