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Analysis

The Women Leading the Biggest Companies in 2026

International Women’s Day offers a moment to look closely at who is shaping major industries today. Here are ten women running complex global companies—and the paths that brought them there. International Women’s Day is a moment to step back and look closely at who is actually…

Gabriela Gomez·Mar 7, 2026·7 min read
Women's Day Hero

International Women’s Day offers a moment to look closely at who is shaping major industries today. Here are ten women running complex global companies—and the paths that brought them there. International Women’s Day is a moment to step back and look closely at who is actually making the decisions that reshape industries—and, over time, reshape markets. That question still matters because women remain underrepresented at the very top. In the U.S., women led 11% of Fortune 500 companies in 2025—a record, and also a reminder of how stubbornly slow the executive pipeline remains. The obstacles are often structural: fewer women are funneled into Profit-and-Loss (P&L) roles—positions with direct responsibility for a company's bottom line—which historically serve as the primary route to the CEO seat. Furthermore, women are often appointed during high-pressure periods of crisis or downturn—moments when the margin for error is already thin.. This is a phenomenon known as the “Glass Cliff,” where the risks of failure are higher and the scrutiny is more intense. What follows is a look at ten women running complex organizations—across automotive, semiconductors, banking, logistics, and software—with the focus where it belongs: how each leader reached the seat and the specific problems they are tackling right now.


1) Mary Barra — General Motors

A career GM operator who took the top job under a "Glass Cliff" scenario and is now tasked with making the EV transition profitable. Barra’s path was direct: she started as a co-op student in 1980 and rose through engineering. She became the public face of GM during the ignition-switch crisis—a massive safety recall that predated her tenure—serving as a reminder that women in "first" roles often inherit situations where forgiveness is limited. Today, her challenge is scaling new technology while protecting the margins of the internal combustion business that still funds the company. The mission now: How to transition a century-scale manufacturing business without letting the shift become a permanent drain on profits.


2) Jane Fraser — Citigroup

The first woman to run a major U.S. bank, leading a multiyear simplification of a famously complex institution. Fraser’s career spans global finance and strategy, including a decade as a partner at McKinsey. Since becoming CEO in 2021, her style has been famously direct. Her "Transformation" work—modernizing internal controls and resolving long-standing regulatory issues—is deep institutional work that doesn't reward flashy messaging. She remains focused on execution, famously telling shareholders that Citi is "not distracted" by macro noise. The mission now: How to make a global bank feel coherent and controllable again—to regulators, shareholders, and employees.


3) Dr. Lisa Su — AMD

A technical leader who turned a corporate rescue into a competitive identity. Dr. Su is one of the most technically grounded CEOs in the semiconductor industry. She oversaw one of the most dramatic turnarounds in tech history, navigating a "double bind" common in the male-dominated semiconductor world: being technical enough to win the respect of engineers while being strategic enough to win over Wall Street. Under her leadership, AMD has moved from a "turnaround story" to a dominant force in the AI era. The mission now: How to scale in the AI era while staying disciplined about product cycles and long-term engineering tradeoffs.


4) Julie Sweet — Accenture

A CEO who rose through law and governance, now selling operational speed at an enterprise scale. Sweet’s route to the top reflects a modern reality: in high-stakes, regulated businesses, those who understand risk often lead growth. Formerly Accenture’s General Counsel, she has pivoted the firm’s growth model to focus on "reinvention." Her approach is to turn AI-driven change into something operational—positioning Accenture as a delivery engine rather than just a strategic consultant. The mission now: How to make large-scale change feel achievable—and repeatable—for companies overwhelmed by the pace of AI technology.


5) Carol Tomé — UPS

A finance veteran who became a rare "outsider" CEO at UPS during a global supply chain stress test. Tomé brought deep financial discipline from her years as Home Depot’s CFO. She took the job just as logistics became a permanent headline. Rather than being distracted by the symbolic weight of her role, she has focused on "better, not bigger" revenue and network efficiency, navigating labor challenges and shifting customer expectations with a metrics-driven approach. The mission now: How to make a global delivery network more profitable and more resilient to external shocks at the same time.


6) Adena Friedman — Nasdaq

An intern-to-CEO career sitting at the intersection of markets, technology, and institutional trust. Friedman treats the exchange as a technology and surveillance business as much as a financial one. She is the first woman to lead a global exchange—a corner of finance that has historically been male-coded. Her focus in 2026 is the massive infrastructure buildout required for AI, ensuring that as markets get faster, they don't lose the legitimacy that keeps people participating. The mission now: How to evolve market infrastructure while protecting the basic promise that the system remains trusted.


7) Ana Botín — Banco Santander

A global banking leader demonstrating how disciplined strategy can translate across international banking markets. Botín comes from a prominent banking family, but her leadership is grounded in decades of operating experience across international markets. She addresses the inherent scrutiny of her background by keeping attention on execution. Her current roadmap for Santander focuses on disciplined, profitable growth and meeting explicit efficiency targets. The mission now: How to run a multinational bank with consistent performance across diverse regions—and keep credibility anchored in outcomes.


8) Corie Barry — Best Buy

A company lifer who understands how to manage retail cycles as a permanent job requirement. Barry moved through finance and operational roles before becoming CEO. Her career reflects a common pattern: building broad internal credibility over decades. Retail CEOs face a louder, more public form of scrutiny than B2B (business-to-business) leaders. Barry has met this by focusing on steadiness and operational control, even when consumer demand becomes selective. The mission now: How to keep a big-box retailer resilient when consumers pull back and external factors hit the supply chain.


9) Martina Cheung — S&P Global

An infrastructure leader running the "plumbing" of the global financial system. Cheung leads one of the world's most vital trust businesses—overseeing credit ratings and index businesses (the data sets that determine which companies are in the S&P 500). Her ascent normalizes women holding the keys to the foundational systems that determine the cost of capital globally. In her leadership, she emphasizes that S&P’s business is built entirely on credibility. The mission now: How to modernize and grow a trust-based information business without weakening the data that makes it foundational.


10) Melanie Perkins — Canva

A founder who built a global software giant by outlasting early skepticism. Perkins’ story is one many women founders recognize: persisting through more thanr 100 investor rejections before finding backing. She has since turned Canva into a "Decacorn" (a company valued at over $10 billion). As a leader, she pushes against "always-on" culture—notably avoiding Slack or email on her phone—to protect her ability to make long-horizon decisions. The mission now: How to keep a fast-growing platform simple and accessible while building a leadership culture that can scale without burning out.


Bottom line

We often talk about the glass ceiling as a barrier to be broken, but for the women on this list, the real story is what happens after the break. By the time a woman reaches the CEO seat in 2026, she has often navigated a narrower and more demanding pipeline than her peers, earning "crisis reps" that make her uniquely suited for an era of permanent volatility. The takeaway for International Women’s Day isn't just about equity; it's about efficiency. When we bridge the P&L gap and stop reserving the "Glass Cliff" for women, we don’t just change who is in the room—we change the quality of the decisions being made. In a global economy that can’t afford to waste a single ounce of talent, these ten leaders aren't the exception; they are the blueprint for what modern, resilient leadership looks like.


Sources


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