Forbes’ Power Women list isn’t about celebrity or popularity; it’s about influence. At No. 1, for the fourth consecutive year, is German Chancellor Angela Merkel. Up for reelection this September, she is leader of the world’s fourth-largest economy. Federal Deposit Insurance Corp. Chairman Sheila Bair, who remains in the No. 2 spot, has presided over the orderly takeover of 77 banks so far this year. Chief Executive Indra Nooyi of PepsiCo (No. 3) ranks among the world’s most powerful businesswomen, who are currently tasked with steering their companies through unusually challenging times.
You can view the ranking online at Forbes website.