Digital Journal — Want to know what it feels like to be more powerful than Oprah, Hilary Clinton and Melinda Gates? Just ask Anne Mulcahy, CEO and chairman of Xerox.
In Forbes Magazine‘s “Annual List of Powerful Women,” Mulcahy ranked fifth, placing higher than regulars Oprah Winfrey and First Lady Laura Bush. Forbes applauded her success in pulling the company out of a “near-fatal slump” and fending off competition from the likes of Hewlett-Packard, Eastman Kodak and Dell.
Forbes mentions Mulcahy’s role at Xerox is a family affair, with her husband being a retired Xerox exec and her older brother now running the company’s global services group.
Leading the technology powerhouse, Mulcahy has turned Xerox into a world leader in digital printing technology. Xerox made $859 million (all figures in US dollars) in net income last year on $16 billion in sales. Not bad for an executive who started as a Xerox sales rep 30 years ago.
Forbes’ annual ranking of powerful women combines visibility and economic impact to produce a list of 100 women who are making waves across the international stage.
Forbes’ No.1 most powerful woman is Angela Merkel, the first female chancellor in Germany’s history and the first woman to lead the country since it became a nation-state in 1871.
