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Women CEOs with the highest salaries

Last updated on: August 28, 2013 12:16 IST

Image: Safra Catz
Photographs: Courtesy, HSBC

Only 3 per cent of the Fortune 500 companies have women CEOs, according to EMA Partners. Out of 1,000 public companies in the United States, with at least $1 billion in annual revenue, there are only 30 women CEOs.

Amid these statistics, there is hope. In the male-dominated corporate world, these brilliant women have proved their mettle and made a difference in the world of business.

According to Bloomberg, these women executive officers of S&P 500 companies have bagged the highest compensation for the latest fiscal year.

Take a look at the women CEOs with highest salaries…

Safra Catz

: 1

Co-President and CFO, Oracle

Salary: $51,700,000

One of the world's most influential women in the technology space, Safra A Catz has been President of Oracle Corporation since January 2004, and Chief Financial Officer as of April 2011.

In May 2008, Catz was also appointed to a three-year term as member of the Board of Directors for HSBC Holdings plc.

In 2009, she was ranked as the 12th most powerful woman in business by Fortune.

She was also ranked by Forbes as the 16th most powerful business woman in the same year.

(Salaries figures are for the latest fiscal year)

Women CEOs with the highest salaries

Image: Marissa Mayer
Photographs: Reuters

Marissa Mayer

Rank: 2

President and CEO, Yahoo!

Salary: $36,620,000

Marissa Mayer, 38,  is the youngest CEO of a Fortune 500 company.

Under her leadership, Yahoo acquired Tumblr in a $1.1 billion acquisition.

Prior to joining Yahoo, Mayer took various roles of an engineer, designer, product manager, and an executive during her 13-year stint at Google. Mayer who joined Google in 1999, was the company's first woman engineer. 

Mayer was ranked number 14 on the list of America's most powerful businesswomen of 2012 by Fortune magazine.

She bagged the 32nd rank in Forbes Magazine's List of The World's 100 Most Powerful Women in 2013.


Women CEOs with the highest salaries

Image: Irene Rosenfeld
Photographs: Jacky Naegelen/Reuters

Irene Rosenfeld

Rank: 3

Chairman and CFO, Mondelez International

Salary: $28,810,000

Irene Rosenfeld has changed the “face, footprint and prospects of Kraft Foods,” says the company.

Irene returned to Kraft Foods, the predecessor to Mondelez International, Inc., in June 2006 as CEO. She became Chairman in March 2007, following Kraft’s spin off from Altria Group. 

She is credited for transforming the portfolio and strengthening the company's presence in fast-growing developing markets.


Women CEOs with the highest salaries

Image: Sharen Turney
Photographs: Courtesy, Limited Brands

Sharen Turney

Rank: 4

President and CEO, Victoria's Secret Megabrand & Intimate Apparel

Salary: $25,620,000

Sharen Jester Turney has been the Chief Executive Officer and President of Victoria's Secret Megabrand & Intimate Apparel, a subsidiary of Limited Brands Inc and Victoria's Secret Stores, Inc since July 2006.

She received the Fashion Medal of Honor for Fashion Retailing in 1997.


Women CEOs with the highest salaries

Image: Carol Meyrowitz
Photographs: Courtesy, TJX Companies

Carol Meyrowitz

Rank: 5

CEO, TJX Companies

Salary: $21,770,000

Carol Meyrowitz has been Chief Executive Officer of TJX since January 2007.

Meyrowitz is also a director of Staples, Inc.

In 2009, she was listed 24th in the Forbes list of the 100 Most Powerful Women.

She was ranked 26th on CNN's 50 Most Powerful Women in Business in 2006.


Women CEOs with the highest salaries

Image: Angela Braly.
Photographs: Courtesy, WellPoint

Angela Braly

Rank: 6

Former Chairman and CEO, WellPoint

Salary: $20,590,000

Angela Braly was president and chief executive officer for WellPoint, Inc., a US-based health care company. Five years after she assumed the role of the company’s CEO, she resigned on August 28, 2012 due to shareholder criticism on the company's bad performance.

Forbes listed Braly as the one of the most powerful woman in the world in 2007, 2008 and 2009. Fortune ranked Braly the fourth most powerful woman in business in America in 2007.


Women CEOs with the highest salaries

Image: Virginia Rometty
Photographs: Courtesy, IBM

Virginia Rometty

Rank: 7

Chairman and CEO, IBM

Salary: $16,180,000

Virginia Rometty is the first woman to head IBM. She began her career with IBM in 1981 in Detroit, Michigan.

Prior to becoming president and CEO in January 2012, she was senior vice president and group executive for sales, marketing, and strategy at IBM.

She was ranked among Fortune magazine's ‘50 Most Powerful Women in Business’ for eight consecutive years and ‘World's 100 Most Powerful Women’.


Women CEOs with the highest salaries

Image: Ellen Kullman
Photographs: Alex Gallardo/Reuters

Ellen Kullman

Rank: 8

Chairman and CEO, duPont

Salary: $15,660,000

Ellen Kullman is the 19th executive to lead the company in more than 208 years of DuPont history.

Ellen became CEO on January 1, 2009. Prior to that, she served as executive vice president. As CEO, Ellen has championed market-driven science to drive innovation across the company’s businesses. 

Under her leadership, decision making has moved closer to customers around the world, resulting in greater partnering, collaboration, and solutions attuned to local needs.

Ellen began her career at DuPont in 1988 as a marketing manager. Forbes ranked her 4th of the 100 Most Powerful Women in 2011.


Women CEOs with the highest salaries

Image: Meg Whitman
Photographs: Robert Galbraith/Reuters

Meg Whitman

Rank: 9

President and CEO, Hewlett-Packard

Salary: $15,360,000

Meg Whitman has served as HP's president and chief executive officer since September 2011. She has also served as a member of the Board of Directors of HP since January 2011. 

Prior to this, Whitman served as President and Chief Executive Officer of eBay Inc., from 1998 to March 2008.

She was named among the top five most powerful women by Fortune magazine. Harvard Business Review named her the eighth-best-performing CEO of the past decade.


Women CEOs with the highest salaries

Image: Renee James
Photographs: Courtesy, Intel

Renee James

Rank: 10

Executive VP, Software, Intel

Salary: $15,300,000

Under Renee James’s leadership, company saw its expansion into providing proprietary and open source software and services for applications in security, cloud-based computing, and importantly, smartphones. 

James who joined Intel in 1987 is responsible for Intel's global software and services strategy, revenue, profit, and product R&D.

James also serves as a non-executive director on the Vodafone Group Plc Board of Directors and is a member of the Remuneration Committee.

She is an independent director on the VMware Inc. Board of Directors and is a member of the Audit Committee. 


Women CEOs with the highest salaries

Image: Mary Erdoes
Photographs: Patrick444/Wikimedia Commons

Mary Erdoes

Rank: 11

CEO, Asset Management, JPMorgan Chase

Salary: $14,750,000

Mary Erdoes joined J.P. Morgan Asset Management as head of fixed income for high-net-worth individuals, foundations and endowments in 1996.

In March 2005, she was appointed CEO of J.P. Morgan Private Bank.

In 2012,  she was included in the ‘50 Most Influential list’ of Bloomberg Markets Magazine.

She is currently ranked the 24th most powerful woman according to Forbes.


Women CEOs with the highest salaries

Image: Rosalind Brewer
Photographs: Courtesy, Wal-Mart.

Rosalind Brewer

Rank: 12

President and CEO, Sam's Club, Wal-Mart Stores

Salary: $14,460,000

Rosalind Brewer started her career with Walmart in 2006 as vice president of operations in Georgia.

Over the years, Brewer gained across global manufacturing operations, research and development, marketing and strategic business unit leadership

In January 2012, Rosalind Brewer was appointed president and chief of Sam's Club, making history as the first woman and first African American ever to become CEO of a Wal-Mart business unit, according to Forbes.

In 2013, Brewer was named one of the ‘World’s 100 Most Powerful Women’ by Forbes.


Women CEOs with the highest salaries

Image: Indra Nooyi
Photographs: Lucas Jackson/Reuters

Indra Nooyi

Rank: 13

Chairman and CEO of PepsiCo

Salary: $14,210,000

PepsiCo's Indian-origin CEO Indra Nooyi joined the company in 1994 and was named president and CFO in 2001. In 2007 she became the fifth CEO in PepsiCo's 44-year history.

Nooyi has directed the company's global strategy for more than a decade.

She took the lead in the acquisition of Tropicana in 1998, and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo.

Nooyi began her career in India, as product manager position at Johnson & Johnson and textile firm Mettur Beardsell. 

She was named on Wall Street Journal's list of 50 women to watch in 2007 and 2008. She has also been listed in Time's 100 Most Influential People in The World in 2007 and 2008. 

Nooyi is consistently ranked among World's 100 Most Powerful Women by Forbes magazine.


Women CEOs with the highest salaries

Image: Xerox Chairman and CEO Ursula Burns during a CES Innovation Power Panel.
Photographs: Steve Marcus/Reuters

Ursula Burns

Rank: 14

Chairman and CEO, Xerox

Salary: $13,070,000

Ursula Burns is the first African-American woman CEO to head a Fortune 500 company. 

Burns joined Xerox in 1980 as a mechanical engineering summer intern.

After 29 years, she rose through the ranks to become the chief executive officer in July 2009.

In 2009, Forbes rated her as 14th most powerful woman in the world.


Women CEOs with the highest salaries

Image: Sheri McCoy
Photographs: Courtesy, Avon

Sheri McCoy

Rank: 15

Chairman and CEO, Avon Products

Salary: $12,930,000

Sheri McCoy, CEO of Avon Products and former Vice Chairman and member of the Office of the Chairman of Johnson & Johnson, holds five patents registered in the United States and Europe.

She was named by Fortune Magazine among the ‘50 Most Powerful Women in Business’.

In August 2012, she was recognised as the 39th most powerful woman in the world by Forbes Magazine.