by Lance Turner
Posted 10/11/2013 12:49 pm
Updated 1 year ago
Rosalind Brewer, CEO and president of Sam's Club, and Gisel Ruiz, executive vice president and COO of Wal-Mart U.S., have been named among Fortune magazine's 50 "Most Powerful Women in Business."
The list, in the current edition of the magazine, is available here. Executives in the top 10 include Ginni Rometti, the chairman, president and CEO of IBM, at No. 1; Sheryl Sandberg, COO of Facebook, at No. 5; and Marissa Mayer, CEO of Yahoo Inc. (and Wal-Mart board member), at No. 8.
On Friday, Mike Duke, CEO of Wal-Mart Stores Inc. of Bentonville, congratulated the two:
I want to congratulate Rosalind and Gisel for being recognized as some of the "Most Powerful Women in Business." Fortune knows what we at Walmart know: they are strong leaders and role models who make us a better company and drive our bottom line. I am also proud to see so many friends of Walmart recognized, including our Board member Marissa Mayer, executives at our suppliers, and partners we collaborate with often. I applaud Fortune for putting a spotlight on leading women and thereby lifting up the contributions of all women in business.
Brewer also ranked on another Fortune list: the 25 top-paid women executives. She came in at No. 25 with $14.4 million in annual compensation.
You can read Fortune's feature on the top women in business right here.