June 16, 2024
List of the Top 10 Women CEOs

In 2018, women held just 21% of all board seats and 16% of executive positions among S&P 500 companies. That number represents just a 1% increase from the previous year, and CEOs such as General Motors’ Mary Barra and IBM’s Ginni Rometty are among the highest-paid female executives in the world. In this list, you’ll find the top 10 women CEOs of the S&P in 2022 who are predicted to continue to pave the way for future generations of businesswomen who will be able to reach higher positions and receive higher salaries than their predecessors.

List of the Top 10 Women CEOs

There are some notable females in the world of business today, but they’re still vastly outnumbered by males, especially at the very top of the list. This list of the top 10 women CEOs of the S&P in 2022 can show you how far women have come, and how far they still have to go before they achieve true gender equality in corporate leadership positions.

In the past few years, there has been an increase in women CEOs of S&P 500 companies, so we’re going to take a look at who they are and what they did to get their spots in this exclusive club. Here’s our list of the top 10 women CEOs of the S&P in 2022.

While women make up 47% of the total US population, they only makeup 5% of S&P 500 CEOs, and even less in the Fortune 500. The paucity of women in CEO roles has led to an ongoing movement to help women get ahead in business and close the gender pay gap. To see which female CEOs of the S&P 500 we might see by 2022, we’ll use some data analysis and market projections to come up with our predictions on who will be the top 10 female CEOs of the S&P 500 in 2022.

What is S&P?

S&P is short for Standard & Poor’s, which is an American financial services company that provides ratings and research on stocks, bonds, and various other securities. In addition to issuing credit ratings for debt obligations, S&P also rates certain consumer goods companies.

S&P also issues a wide variety of reports about certain sectors or industries that can help provide insights into how those industries are performing and how they may perform in future years. They also offer indexes like the S&P 500 and special indices tracking commodity prices that can be useful to investors who have money riding on such things as oil prices.


In 1860, Henry Varnum Poor formed Poor’s Publishing, which published an investor’s guide to the railroad industry. In 1923, Standard Statistics Company began rating mortgage bonds and developed its first stock market index consisting of the stocks of 233 U.S. companies, computed weekly. Around1926, it developed a 90-stock index, computed daily. In 1941, Poor’s Publishing merged with Standard Statistics Company to form Standard & Poor’s.

Around Monday, March 4, 1957, the index was expanded to its current 500 companies and was renamed the S&P 500 Stock Composite Index. In 1962, Ultronic Systems became the compiler of the S&P indices including the S&P 500 Stock Composite Index, the 425 Stock Industrial Index, the 50 Stock Utility Index, and the 25 Stock Rail Index. On August 31, 1976, The Vanguard Group offered the first mutual fund to retail investors that tracked the index. The Chicago Mercantile Exchange began trading futures based on the index. On July 1, 1983, Chicago Board Options Exchange began trading options based on the index.

Beginning in 1986, the index value was updated every 15 seconds, or 1,559 times per trading day, with price updates disseminated by Reuters. On January 22, 1993, the Standard & Poor’s Depositary Receipts exchange-traded fund issued by State Street Corporation began trading. On September 9, 1997, CME Group introduced the S&P E-mini futures contract. In 2005, the index transitioned to a public float-adjusted capitalization weighting. Friday, September 17, 2021, final trading date for the original SP big contract which began trading in 1982

What are CEOs?

What is a CEO? The CEO or Chief Executive Officer (C.E.O.) is responsible for all aspects of corporate strategy and operations, including setting company goals and making sure they’re achieved. A chief executive officer’s main job is to develop a business plan to satisfy stockholders, creditors, employees, and partners. Some even run their own startup businesses! Others climb the ladder at big companies—or are promoted from within—to reach the top spot…

The List of the Top 10 Women CEOs of the S&P in 2022

To come up with this list, we took a look at the 10 companies that are currently ranked the highest in the S&P 500 index, and we projected which of these women CEOs will still be in charge of their respective companies when 2022 comes around. We also decided to throw in some additional candidates that might also make our top 10 list by 2022, just to see if we could correctly predict who’ll be where ten years from now. Here’s our list of the Top 10 Women CEOs of the S&P 500 in 2022.

Here are they:

1. Meg Whitman

Meg Whitman

Meg Whitman is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. She was CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. and Hewlett Packard Enterprise. She stepped down as HPE’s chief executive in February 2018.

Meg Whitman is not just a Fortune 500 CEO and former Republican candidate for Governor in California; she’s also considered to be one of America’s most powerful women. Meg Whitman is currently chairwoman, president, and CEO of Hewlett-Packard (H-P). She first joined H-P as head of its e-commerce division and then became president in 1998. In February 2011, she took over from Léo Apotheker as chief executive officer. She had previously been chairwoman since March 2010 after being asked by board members to lead a search for H-P’s next CEO.

2. Phebe Novakovic

Phebe Novakovic

Phebe Novakovic is the president and CEO of General Dynamics, a position she assumed in 2016. For four years prior to that, she was its executive vice president, general manager, and member of its board. She’s been an integral part of defense contractor General Dynamics since 2004 when she joined it as corporate vice president for mission systems.

In 2005, she helped establish General Dynamics Information Technology – now one of its major divisions – and became chief operating officer there. During her tenure at the information technology unit, Novakovic helped build it into one of the US Department of Defense’s most successful providers. And at one point early on as COO, Novakovic held six leadership positions simultaneously.

3. Susan Decker

Susan Decker

Susan Decker is CEO of GoPro (NASDAQ:GPRO). She joined GoPro on November 25, 2014. Prior to joining GoPro, she served as president and chief financial officer at Western Digital Corporation from 2011 until her departure on December 1, 2014.

From 2009 to 2011, Decker was executive vice president and chief financial officer at eBay Inc., where she managed a global team across business units and led corporate strategy. Before joining eBay, Decker served as vice president of finance for eBay’s Global Payments unit from 2007 to 2009. Decker also held senior leadership positions at Intel Corporation and IBM.

4. Deanna Mulligan

Deanna Mulligan

Deanna Mulligan is a partner at Balderton Capital and is currently on her second company board (last. FM). Before she was an investor, Deanna was an entrepreneur. She started last.FM at age 28, leading it through its first nine years as CEO before taking on a venture capital role. That’s no small feat given that new companies fail 92% of the time and 80% are dead within five years.

5. Marillyn Hewson

Marillyn Hewson

In 2012, Hewson became president and chief operating officer at Lockheed Martin Corporation. In addition to her primary responsibilities as head of Lockheed’s information systems and global services businesses, she assumed leadership over business development and strategic planning functions. She was promot

to executive vice president. She is also a member of Lockheed Martin’s board of directors. Then she received a bachelor’s degree from Auburn University and an MBA from Mississippi State University.

6. Mary Dillon

Mary Dillon


Mary Dillon is an American retail executive who serves as President, CEO, and Director at Ulta Beauty. Under her leadership, Ulta Beauty has experienced double-digit growth each year since its founding in 1990.

he has been recognized multiple times by Fortune as one of their Most Powerful Women in Business; Retail Leader Magazine named her Retailer Executive of the Year. Over her 20-year career with Ulta Beauty, Dillon has served a variety of roles including President & Chief Merchandising Officer from 2014 to 2016.

7. Judy Faulkner

Judy Faulkner

Judy Faulkner, Ph.D. founded Epic Systems nearly 40 years ago and is one of Fortune magazine’s Most Powerful Women. In an industry dominated by men, Dr. Faulkner is a pioneer and trailblazer as one of only four women CEOs to grace Fortune’s annual list. She’s also on The Forbes Billionaires list with a net worth of over $2 billion – but perhaps most important to her is that she employs almost 6,000 people worldwide with around 60% female staff globally – including 80% female staff in leadership positions – which is something she feels passionate about promoting. Dr. Faulkner is a fierce advocate for ensuring girls have equal access to education and technological advancement for them to become future leaders in healthcare IT too.

8. Shari Elfmann

Shari Elfmann

Shari Elfmann has been CEO and COO at Dorchester Minerals, LLC since 2016. At Dorchester, Shari Elfmann has expanded operations to include mining, oil drilling, and other drilling services. She was a founder of MMS International as well as participated in start-ups and funding rounds for three other energy companies: Trammel Drilling Company, Fidlar Compression Services (now called Entech Oil Field Service), and Energy West Products.

In addition to working with several successful startups, Ms. Elfmann has held executive positions at Coastal Oil & Gas Corporation from 2010 to 2012 where she led a team responsible for all facets of business development including acquisitions, lease evaluations, and project planning.

9. Alina Biganoff

Alina Biganoff

In 2016, Alina Biganoff became CEO of DXC Technology. Biganoff is an executive with 20 years of experience under her belt. Biganoff began her career working for Citi and then for Dell. She was also a member of their board from 2006 to 2014.

Biganoff is currently on DXC’s board and serves as their Chief Innovation Officer as well. In 2021, she became president and director, and then she became president in 2023 where she began to focus on transforming DXC from a technology services provider into an integrated digital company.

10. Elizabeth Holmes

Elizabeth Holmes

The Palo Alto-based blood-testing start-up Theranos, helmed by 30-year-old Elizabeth Holmes, is a top dog on all fronts—from valuation to leadership. The company has raised about $400 million from investors including Larry Ellison and Tim Draper, who was an early investor in Google. It’s possible Holmes could make it onto Forbes’ list as soon as 2017: In 2015, Holmes became Silicon Valley’s youngest self-made female billionaire (no husband or inheritance needed), with a net worth estimated at $4.5 billion.

In Conclusion

What does history teach us? You don’t have to look very far back to find a time when being female made it next to impossible to run a Fortune 500 company. Twenty years ago, there were only two women leading any companies on the index—and they were vice-chairwomen at GM and Xerox. But times have changed.

Today, there are 24 female CEOs on Fortune 500 companies, including Indra Nooyi at PepsiCo and Marissa Mayer at Yahoo! It’s hard not to notice that these women continue to rise through their corporate ranks—and soon enough we may be looking back on 2018 as a watershed year for female executives. Here are just 10 women who could take over as head honchos of big-name public companies by 2022.

However, if there is anything you think we are missing. Don’t hesitate to inform us by dropping your advice in the comment section. Either way, let me know by leaving a comment below!

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