How the power players do it - by Fortune senior editor at large Patricia Sellers

Who's up, down and off the Most Powerful Women list

September 29, 2011: 12:09 PM ET

The 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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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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