Postcards
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Genentech president jumps to a new life
Another Fortune Most Powerful Woman -- a longtime member of our annual Power 50 list -- is leaving the corporate world. Susan Desmond-Hellmann, who was Genentech's (DNA) president of product development, is heading to the University of California San Francisco as chancellor.
Desmond-Hellmann's departure from business's upper echelons (She ranked No. 13 on Fortune's 2008 Power 50 list) adds to the trend of top women execs leaving corporations and deciding not MORE
Patricia Sellers - May 1, 2009 3:41 PM ETPosted in: Best Companies to Work For, Citigroup, Dawn Hudson, DNA, education, Erin Callan, FORTUNE MPWomen, Genentech, health care, Lehman Brothers, Morgan Stanley, P&G, PepsiCo, Personal Power, pharmaceutical, pharmaceuticals, Postcards, Power Shift, Procter & Gamble, Roche, Sallie Krawcheck, Sue Decker, Susan Arnold, Susan Desmond-Hellmann, UCSF, Yahoo, Zoe Cruz -
Pepsi's former boss lands a new gig
by Patricia Sellers
Dawn Hudson spent more than a decade chasing stretch goals at PepsiCo (PEP). She headed sales and marketing at Frito-Lay, the consumer giant's snack unit. She led marketing at Pepsi-Cola North America and ascended to CEO of that $5.5 billion business.
That job turned out to be Hudson's ceiling inside PepsiCo, where chairman and CEO Indra Nooyi has put her own stamp on the company. Hudson (who ranked as MORE
Patricia Sellers - Mar 26, 2009 1:39 PM ETPosted in: boards, Brands, CEOs, Citigroup, consumer goods, Dawn Hudson, eBay, Erin Callan, FORTUNE MPWomen, headhunters, Indra Nooyi, Kraft, Leadership by Geoff Colvin, management, Meg Whitman, Morgan Stanley, P&G, PepsiCo, Personal Power, Postcards, Power Shift, private equity, Procter & Gamble, Sallie Krawcheck, sports, Susan Arnold, Wall Street, Zoe Cruz -
Citigroup's Pandit gets a lifeline too
The upshot of the government's bailout of Citigroup (C): millions of calmed investors, 350,000 relieved employees, and one CEO who is hanging on to his job at least for a while.
Vikram Pandit's apparent security at the helm of Citi may be a good thing. For all his faults - his failure to get a timely grip on the company's toxic assets, his unconvincing arguments last week that Citi is adequately MORE
Patricia Sellers - Nov 24, 2008 4:44 PM ETPosted in: American Express, banks, Barclays, Bob Rubin, CEOs, Citigroup, Gary Crittenden, Ken Chenault, Leadership by Geoff Colvin, Lehman Brothers, management, Manuel Medina-Mora, Michael Klein, Monsanto, Postcards, Power Shift, Sallie Krawcheck, Sandy Weill, Sears, Tom Maheras, Vikram Pandit, Wall Street, Weill Bugando Medical Center -
Can Citi shrink its way to transformation?
That whopping reduction that Citigroup (C) announced Monday -- 50,000 jobs, representing 20% of its work force -- turns out to be the biggest cut by a corporation in 15 years. So say the job-trackers at Challenger Gray & Christmas. The largest reduction before Citi's: IBM (IBM), which set out to eliminate 60,000 jobs in 1993.
Vikram Pandit's shrinking of Citi -- part of "one of the greatest transformations in history," MORE
Patricia Sellers - Nov 17, 2008 6:27 PM ETPosted in: Bank of America, banks, Bob Rubin, CEOs, Challenger Gray & Christmas, Citigroup, Dick Parsons, FORTUNE MPWomen, IBM, Jamie Dimon, JPMorgan Chase, Leadership by Geoff Colvin, Lou Gerstner, management, Merrill Lynch, Postcards, Power Shift, Sallie Krawcheck, Sam Palmisano, Sandy Weill, stock market, Time Warner, turnaround, Vikram Pandit, Wall Street, Win Bischoff -
Powerful Women: the final photo gallery
I've shared pictures and videos and stories of Warren Buffett in action at the Fortune Most Powerful Women Summit--his idea of "heaven," he told the 350 women who gathered in California in early October. But there was much ado beyond Buffett at our 10th Summit, which drew, despite the market mayhem, a lineup of leaders that reflected our theme, "Extraordinary Talent." Here are a few glimpses of the talent on MORE
Patricia Sellers - Oct 28, 2008 3:05 PM ETPosted in: Andrea Wong, Ann Moore, Arianna Huffington, Bonnie Hammer, Citigroup, Dina Powell, Eva Muraya, Facebook, Fortune Most Powerful Women list, Fortune's Most Powerful Women Summit, Fory=tune-U.S. State Department Mentoring Partnership, Gilt Groupe, Goldman Sachs, Indra Nooyi, Lifetime, Martha Nelson, Melinda Gates, NBC Universal, Pat Fili-Krushel, PepsiCo, Phyllis Mwangi, Postcards, Sallie Krawcheck, Sheryl Sandberg, Susan Lyne, Time Inc., Time Warner, Warren Buffett -
Random bits of hope
It's hard to be hopeful. Turmoil in the financial markets is spreading geographically and psychologically. The Dow closed down 508 points today. At last week's Fortune Most Powerful Women Summit, we heard plenty about stress and sleep deprivation -- starting with Warren Buffett's comments on a clearly exhausted Treasury Secretary Hank Paulson. Sallie Krawcheck, who is leaving her high-level post at Citigroup (C), and Barclays Capital (BCS) vice chairman Barbara Byrne MORE
Jessica Shambora, Writer-Reporter - Oct 7, 2008 7:22 PM ETPosted in: Apple, banks, Barbara Byrne, Barclays, berkshire hathaway, CEOs, Cisco, Citi, Citigroup, consumer goods, eBay, Facebook, FDIC, FORTUNE Most Powerful Women Summit, FORTUNE MPWomen, Google, Hank Paulson, Indra Nooyi, Leadership by Geoff Colvin, management, markets, Mary Meeker, McCain, Meg Whitman, mobile device market, Morgan Stanley, Obama, Padmasree Warrior, PepsiCo, politics, Postcards, Power Shift, presidential race, Sallie Krawcheck, Sheila Bair, Sheryl Sandberg, Silicon Valley, stock market, technology, telecom, Wachovia, Wall Street, Warren Buffett, Wells Fargo -
Gates, Buffett and Powerful Women
What a wrapup this morning at the Fortune Most Powerful Women Summit. I interviewed Melinda Gates -- with Warren Buffett watching from the front row. Buffett was flanked by his daughter, Susie, and his daughter-in-law, Jennifer, both of whom are powerful philanthropists in their own right.
It was fascinating to have Melinda Gates talk about her heady missions -- find an AIDS vaccine, eradicate malaria, reform U.S. education, bring a Green Revolution to Africa MORE
Patricia Sellers - Oct 3, 2008 5:25 PM ETPosted in: banks, Barbara Byrne, Barclays, berkshire hathaway, Bill & Melinda Gates Foundation, Bill and Melinda Gates Foundation, CEOs, Citigroup, eBay, FORTUNE Most Powerful Women Summit, FORTUNE MPWomen, General Electric, Goldman Sachs, John McCain, Leadership by Geoff Colvin, Lehman Brothers, management, Meg Whitman, Melinda Gates, Meredith Whitney, Most Powerful Women, Obama, Penny Pritzker, philanthropy, politics, Postcards, Power Shift, Sallie Krawcheck, Wachovia, Wall Street, Warren Buffett, WB, Wells Fargo, WFC -
Most Powerful Women: The list about the list!
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). MORE
Jessica Shambora, Writer-Reporter - Sep 30, 2008 12:11 PM ETPosted in: Andrea Jung, Anne Mulcahy, Avon, AVP, Brenda Barnes, Carol Meyrowitz, CEO, CEOs, Citigroup, Credit Suisse, CS, DD, Diane Greene, DuPont, Ellen Kullman, Erin Callan, Fortune Most Powerful Women list, FORTUNE MPWomen, Google, Harpo, Heidi Miller, Indra Nooyi, Irene Rosenfeld, JPM, JPMorgan Chase, Katie Benner, KFT, Kraft, Leadership by Geoff Colvin, LEH, Lehman Brothers, Marissa Mayer, Meredith Whitney, Morgan Stanley, mp, MPWomen, MPWomen list, MS, Oppenheimer, Oprah, Oracle, PEP, Pepsi, PepsiCo, Postcards, Proct, Safra Catz, Sallie Krawcheck, Sara Lee, SLE, Susan Arnold, Susan Chambers, TJX, Ursula Burns, VMW, VMWare, Wal-Mart, Xerox, Zoe Cruz -
New gigs for Most Powerful Women in banking
No sooner did we unveil Fortune's 2008 Most Powerful Women in Business rankings than the ground shifted beneath two women on the list. Terri Dial, No. 47, is CEO of the U.S. consumer bank at Citigroup (C). With Citi's deal to buy Wachovia, annnounced this morning, she will be in charge of the largest retail banking system in the U.S., with 4,300 branches and a 9.8% market share of deposits.
It's MORE
Patricia Sellers - Sep 29, 2008 3:26 PM ETPosted in: C, Cece Sutton, CEO, Citigroup, Lloyds, Morgan Stanley, Most Powerful Women, MPWomen, Pat Russo, Postcards, Sallie Krawcheck, Terri Dial, Wachovia -
Fortune's 2008 Most Powerful Women are...
Coming on Monday...more turmoil in the markets? Let's hope not! Here's one thing you can bet on: Fortune's 2008 Most Powerful Women in Business list.
That's right, we just sent it to the printer, and you should see it online Monday morning. You'll see surprises. I can't give too much away (the women who made the list are being called this afternoon with the news that they made Fortune's rankings). But I MORE
Patricia Sellers - Sep 26, 2008 3:10 PM ETPosted in: banks, CEOs, Citi, Citigroup, consumer goods, eBay, Erin Callan, Facebook, FORTUNE MPWomen, Google, Indra Nooyi, Leadership by Geoff Colvin, Lehman Brothers, management, Morgan Stanley, Most Powerful Women, MPWomen list, PepsiCo, Postcards, Power Shift, Sallie Krawcheck, Silicon Valley, technology, Wall Street, women, Yahoo, Zoe Cruz
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Fortune Most Powerful Women
Sheryl Sandberg:
Gina Bianchini
In a funny and candid interview, Google VP Marissa Mayer explains how she got to the top. Watch
Xerox CEO Ursula Burns shares how she once accepted a job with Dell but ended up staying with Xerox. Watch
Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). Since its launch in 1998, Pattie has helped oversee Fortune's "Most Powerful Women" cover package.
A specialist at dissecting larger-than-life personalities, she has also profiled former U.S. Treasury Secretary Hank Paulson, Morgan Stanley chairman John Mack, and countless CEOs.
Pattie co-chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. She started at Fortune in 1984, covering the big brand companies.
In Pattie's blog, Postcards, she provides insight into the lives of super-achievers through commentary, career advice, and Guest Posts by CEOs and other leaders.
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Every year Fortune and the U.S. State Department sponsor the Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. to work closely with participants of the annual Fortune Most Powerful Women Summit - among them CEOs Andrea Jung of Avon, Ann Moore of Time Inc., and Ursula Burns of Xerox.
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