A study financed by Catalyst Research revealed that women held less than 5 percent of CEO positions in both Fortune 500 and Fortune 1000 companies. It also found out that just 11.4 percent of Fortune 500 companies have female chief financial officers.
But there are some women who have beaten the odds, rising to the top of their careers hence earning widespread respect for their achievements and accomplishments. These women include the following:
Janet Yellen holds a Ph.D. in economics from Yale University. She has taught economics and business courses at the University of California-Berkeley where she ahs been a member of the faculty for 34 years.
Yellen became the president and CEO of the Federal Reserve Bank of San Francisco in 2004 Fed where she stayed for six years. She then became the vice chair of the Fed under Ben Bernanke from 2010 to 2013.
Marissa Mayer is perhaps best known as the CEO of Yahoo! Inc. since 2012. She has achieved a prominent in business putting her in the rare position of being the female CEO of a Fortune 500 company. Before then Marissa had worked for Google where she joined in 1999. She holds a master’s in computer science and artificial intelligence from Stanford.
Sheryl Sandberg is a self made billionaire who has been chief operating officer of Facebook since 2008. She has also authored a book entitled “Lean In: Women, Work and the Will to Lead.” She holds an MBA from Harvard.
Before joining Facebook, she was vice president at Google where she was responsible for online sales.
Christine Lagarde was the first female to become the managing director of the IMF where she has worked very hard to mitigate the European debt crisis.
Christine has dominated in fields such as law, French politics and international finance. She became the first female chair of an international law firm, Baker & McKenzie. She was also the first female finance minister of a G-8 economy.
Abigail Johnson has been the president of Fidelity Financial Services since 2012. This multibillionaire earned a Harvard MBA and has worked her way up through Fidelity Financial Services to get where she is today. She is expected to become the CEO of Fidelity Financial Services when her father steps down.