Fortune 500 Top 10 Female CEOs (2023)

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the most recentFortune 500 listfeatures the highest number of women-led companies since its inception: 33, nine more than last year, which had 24. This increase is partly due to the fact that several female CEOs were appointed before June 2019, including Kathy Warden of Northrop Grumman and Best Buy. Corie Barry. However, there is still much work to be done, as these 33 women represent a disproportionately small number of the total list, with only 6.6% of Fortune 500 companies headed by women.

The continuous increase shows the progress, with Fortune himselfspeculatingthat the rise in female CEOs is due in part to greater diversity at the board level: 15 years ago, women accounted for 15.7% of Fortune 500 board positions; now it is 25.5 percent.

Read on to discover the top 10 female CEOs in the latest Fortune 500 ranking, based on your company's position on the list...

1) Maria T. Barra

Company:General Motors (GM)

Fortune 500 ranking:13

Mary Barra first studied at the General Motors Institute, specializing in electrical engineering. However, she also worked for them in 1980 in Detroit, where she demonstrated her leadership skills as an assembly plant manager. She completed her MBA fromStanford Graduate School of Businessin 1990.

Founded in 1908, GM has grown into a multinational corporation that designs and produces used vehicles around the world. Interestingly, GM is the only automaker still headquartered in Detroit, historically known as the 'Motor City.'

2) Gail K. Boudreaux

Company:Hino

Fortune 500 ranking:33

Born in 1960, Gail Koziara Boudreaux attendeddartmouth collegeto her undergraduate degree, where she was also a standout player for the Dartmouth Big Greens women's basketball team. She completed her MBA inColombian Business Schoolin 1989.

She worked at various US healthcare companies, including Aetna, BlueCross BlueShield of Illinois, and UnitedHealthcare, before being named CEO of Anthem in 2017. Anthem Inc.

3) Virginia M. Rometty

Company:IBM

Fortune 500 ranking:38

Originally from Chicago, Illinois, Virginia M. Rometty was born in 1957. She attendedNorthwestern Universityfrom 1975 to 1979, on a General Motors scholarship, completing a bachelor's degree in computer science and electrical engineering. She joined IBM as a systems engineer in 1981, rising through the ranks to head of global sales, before assuming the role of president and CEO in January 2012.

IBM is one of the world's largest information technology companies, with approximately 381,000 employees. Despite its New York headquarters, about 70% of IBM's employees are outside the United States, with the highest percentage in India.

4) Marillyn A. Hewson

Company:Lockheed Martin

Fortune 500 ranking:60

Marillyn Hewson was born in Kansas in 1953 and attended theuniversity of alabamafor both his Bachelor's in Business Administration and his Master's in Economics. Hewson also completed executive development programs at Columbia Business School andHarvard Business School🇧🇷 She joined Lockheed Martin over 35 years ago as an Industrial Engineer. CEO since 2013, Hewson previously held many other senior roles at the company, including Senior Vice President of Enterprise Shared Services.

Lockheed Martin is the world's leading arms manufacturer, an American corporation in the aerospace, defense, security and technology industries. Its biggest contractors are the US government, which generates $38.4 billion of its annual sales.

5) Corie Barry

Company:Best Buy

Fortune 500 ranking:74

Corie Barry, a 44-year-old Minnesota native, has a bachelor's degree from the College of St. Benedict (where she is now a trustee) in accounting and management. She joined Best Buy in 1999 and has held various operational and financial roles throughout the organization, becoming CFO in 2016 and elected CEO in 2019.

Best Buy was originally founded in 1966 as an audio specialty store called Sound of Music. It was renamed in 1983 and now sells a wide range of consumer electronics. It has stores in the US and Canada, as well as several in the UK under the Best Buy Europe brand.

6) Safra A. Catz

Company:Oracle

Fortune 500 ranking:81

Safra Catz was born in Holon, Israel, in 1961 and moved to the United States at the age of six. She earned her bachelor's degree inwharton schoolfrom the University of Pennsylvania in 1983, followed by a J.D. from the University of Pennsylvania Law School in 1986. He joined Oracle in 1999, became a board member in 2001, and replaced founder Larry Ellison as CEO in 2014.

Founded in 1977, Oracle Corporation is an American multinational technology corporation specializing in database software and technology, engineering cloud systems, and enterprise software products.

7) Phoebe N. Novakovic

Company:General Dynamics

Fortune 500 ranking:92

Born in Pennsylvania in 1957, Phebe Novakovic is of Serbian descent. She received her bachelor's degree from Smith College in 1979, followed by an MBA from The Wharton School in 1988. Novakovic joined General Dynamics in 2001 and became CEO in January 2013. Prior to that, she has had a Rich and diverse professional history, including a stint as a CIA agent.

General Dynamics is an American aerospace and defense corporation headquartered in Reston, Virginia. It is the fifth largest defense contractor in the United States and the sixth largest in the world by sales.

8) Susan Patricia Griffith

Company:Progressive

Fortune 500 ranking:99

Susan Patricia (Tricia) Griffith was born in October 1964 in Illinois. She answeredIllinois State Universityfor his undergraduate degree and also completed an advanced management program at The Wharton School. Griffith joined Progressive in 1988 as a claims representative, rising through the ranks before being named CEO in July 2016.

The Progressive Corporation is an American insurance company founded nearly a century ago in 1937. It insures motorcycles, boats, RVs, and commercial vehicles, as well as home insurance. Internationally, it offers car insurance in Australia.

9) Heyward Donigan

Company:help ritual

Fortune 500 ranking:107

Heyward Donigan has a BA in English fromUniversity of Virginia, in addition to a Master's Degree in Public Administration from thenew york university🇧🇷 He has more than 30 years of experience in the health industry; Prior to her appointment to Rite Aid, she was president and CEO of Sapphire Digital, which builds omnichannel platforms to help consumers choose healthcare providers. She was named executive director of Rite Aid in 2019.

Rite Aid is the largest drugstore chain in the United States, the largest on the East Coast, and the third largest in the United States. Founded 57 years ago in Scranton, Pennsylvania, it now has 2,466 stores across the country.

10) Kathy J. Warden

Company:Northrop Grumman

Fortune 500 ranking:108

Kathy J. Warden earned her BA from James Madison University in 1992 and an MBA fromUniversidad George Washingtonin 1999. He specializes in information technology and cybersecurity and has worked for General Electric, Veridian Corporation, and General Dynamics. Warden joined Northrop Grumman in 2008 and served as vice president of the company's cybersecurity business before being named chief executive officer in 2019.

Northrop Grumman is an American global aerospace and defense technology company. They recently developed the award-winning X-47B, the world's first autonomous unmanned aerial system to operate from an aircraft carrier.

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