The most recent Fortune 500 list features the highest number of female-led companies since its inception: 33, a jump of nine from last year which featured 24. This boost is in part due to several female CEOs being appointed before June 2019, including Northrop Grumman’s Kathy Warden and Best Buy’s Corie Barry. However, there is still a lot of work to be done, as these 33 women represent a disproportionately small number of the list in total, with only 6.6 percent of Fortune 500 companies headed by women.
The continued increase does show progress, with Fortune themselves speculating that the rise in female CEOs is in part due to increased diversity on the board level – 15 years ago women made up 15.7 percent of board seats in the Fortune 500; now it’s 25.5 percent.
Read on to discover the top 10 female CEOs in the most recent Fortune 500 ranking according to where their company ranks in the list…
1) Mary T. Barra
Company: General Motors (GM)
Fortune 500 Rank: 13
Mary Barra first studied at the General Motors Institute, graduating with an electrical engineering degree. However, she also worked for them in 1980 in Detroit where she demonstrated her leadership skills as manager of an assembly plant. She completed her MBA from Stanford Graduate School of Business in 1990.
Founded in 1908, GM has grown into a multinational corporation that designs and produces vehicles used worldwide. Interestingly, GM is the only car manufacturer whose headquarters remain in Detroit, historically known as the ‘Motor City’.
2) Gail K. Boudreaux
Company: Anthem
Fortune 500 Rank: 33
Born in 1960, Gail Koziara Boudreaux attended Dartmouth College for her BA, where she was also an outstanding player for the Dartmouth Big Greens Women’s basketball team. She completed her MBA at Columbia Business School in 1989.
She worked at various healthcare firms in the US including Aetna, BlueCross BlueShield of Illinois and UnitedHealthcare, before being appointed CEO of Anthem in 2017. Anthem Inc. is the largest healthcare insurance provider in the US with over 40 million members.
3) Virginia M. Rometty
Company: IBM
Fortune 500 Rank: 38
Hailing from Chicago, Illinois, Virginia M. Rometty was born in 1957. She attended Northwestern University from 1975 to 1979, on a scholarship from General Motors, completing a bachelor’s in computer science and electrical engineering. She joined IBM as a systems engineer in 1981, rising through the ranks and holding positions such as the head of global sales, before landing the job of president and CEO in January 2012.
IBM is one of the largest information technology companies in the world, with around 381,000 employees. Despite their headquarters being in New York, around 70 percent of IBM employees are based outside of the US, with the highest percentage in India.



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