The world is full of powerful women, but a recent listing of the 100 most powerful by Forbes indicates that, with a few exceptions, they don’t think many are involved in the retail and consumer packaged goods world.
PepsiCo CEO Indra Nooyi was ranked fourth followed by Kraft CEO Irene Rosenfeld at number 10 on a list that was otherwise dominated by media personalities, celebrities, politicians and government officials. For example, Lady Gage was ranked 11th and Beyonce was ranked 18th. Walmart International division CFO Cathy Smith didn’t make the list despite her considerable responsibilities with Walmart’s fastest-growing division.
Jin Sook Chang, co-founder and chief merchandising officer at the nearly 500-unit specialty apparel chain Forever 21 made the list at 39, as did TJX CEO Carol Meyrowitz at 73 and HSC CEO Mindy Grossman at 89. Sam’s Club EVP merchandising, Linda Heffner, didn’t make the list despite leading a purchasing organization that generates more sales than Forever 21, TJX and HSN combined.
Forbes also overlooked Target EVP merchandising Kathee Tesija.
The only Walmart representative to make the list was Alice Walton, identified as a heiress and art partron, she ranked 85.
CPG companies didn’t fare much better as the only other notable executive included on the list were Campbell Soup Company CEO Denise Morrison who was ranked 80th and Johnson & Johnson vice chair Sheri Johnson who was ranked 84.
Click here for full list.