Even though only 14.3 percent of Fortune 500 company executive officers are women, the most successful CEOs of companies are often women. Here is a look at some of the top 8 women holding CEO positions.
1. Marissa Mayer, Yahoo
In 2012, a groundbreaking event happened in the Internet search industry. Yahoo appointed Marissa Mayer, the company’s fifth CEO in five years. Yahoo had been pummeled with declining stock value, layoffs, and significant decreases in ad revenue. In September 2013, Mayer was ranked first on Fortune’s list of “40 under 40” business leaders. How did Marissa Mayer land this great position at Yahoo? Mayer, in an interview, stated that she helped “build Google,” but was always looking for the next best thing. Her drive for success and open mind helped her rebuild Yahoo into a competitive company for the first time since the 90s.
Marissa Mayer has had to make some tough choices while growing Yahoo, including several different rounds of layoffs and restructuring in recent years. However, Mayer’s tough leadership style has paid off. Recently, Yahoo purchased Tumblr and the social media engine has grown to over more than 460 million active users, surpassing Instagram.