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Q & A | 06/24/2008 6:00 am

Who’s the Top Female CEO in America?

By The Staff at wowOwow.com
Chairmand and CEO of PepsiCo, USA, Indra Nooyi © AP

wOw: Women’s sports has never caught on as a business. Any idea why?

Nocera: I wish I knew. I am a huge fan of the UConn women’s basketball team — I love the way good women’s basketball teams play the game the way it should be played: unselfishly and below the rim. But the pro game, even with the backing of the NBA, is still a marginal sport. And women’s soccer — where the American national team is as good as any in the world and which captured the country’s imagination some years ago — has also never caught on as a pro sport. Maybe there is something about women playing for money — as opposed as for the love of sport — that subconsciously turns off sports fans. It’s a shame, because the WNBA is really fun basketball to watch.

Good executives lead by example, by persuasion, by being able to explain why they are taking the course they are taking.

wOw: Where does women’s wealth go?

Nocera: So much wealth is now going into foundations and causes, and that is especially true of women’s wealth. To over-generalize greatly, wealthy women seem less interested than men in buying yachts and fancy cars and other such "look-at-how-rich-I-am" toys, and more interested in using their money to make the world a better place. Environmental causes, it seems to me, are near and dear to the hearts of many wealthy women.

 

35 Reader Comments (so far…) Sign In or Register to comment

doll lady
What a great article. Corporate Executive Women have been underrated for a long time. In previous times, everyone always wanted to talk about the boys club members…..oops, I mean corporate male executives. Oprah Winfrey is a wonderful leader. She is a great humanitarian while also a very successful business leader. She needs no one to tell her which way to go.
By doll lady on 06/24/2008 5:50 am
Peggy Sue
I have mixed feelings about this conversation. I am saddened that there are so few leading women in the workforce. The lack of support for women’s sports is also depressing. Yet, I am proud of the way many of them conduct themselves. The realization that money is used for a greater cause than ego, makes me so proud. I thought when I was growing up that by now we, as a society, would be more equal. Hopefully the future will be better for strong, capable women.
By Peggy Sue on 06/24/2008 7:39 am
Chrome Toe
I love to analyze the differences between male and female leaders. I think the differences between the genders is just interesting in general. loved this piece. If anyone knows of any books or articles that covers a broader section of women leaders I’d like to hear about it.
By Chrome Toe on 06/24/2008 8:58 am
phyllis Doyle Pepe
Last week on the PBS News Hour there was a discussion between an extremely smart woman and a knowledgeable man both in the same fields, but had diverse opinions about the issue they were discussing which I’m sorry to say I cannot remember. What struck me was the fact that the woman was running circles around the guy, debate wise, but she turned to him on many occasions during her discourse. He, on the other hand, never looked once at her and while she talked he had the look of dismissal and sheer distain. I’ve observed this before in round table discussions and I wonder if some men just cannot accept the fact that many women are more capable or certainly just as capable as men. I am in awe of women who manage so well in corporate roles and yet it’s deflating to read that many of these women are ” [never] going going to be in a serious leadership role.”
By phyllis Doyle Pepe on 06/24/2008 9:10 am
Dr. Mark Klein
A very seasoned an successful investor I think the women who’ve risen to high positions on Wall Street thus far simply don’t cut the mustard. To be charitable perhaps they were very talented women moved up too soon as affirmative action window dressing. Once a Citigroup shareholder, I thought Sally Krawcheck totally stunk as CFO. What on earth was she doing when the bank was making totally crazy loans and grossly overpaying for acquisitions? Best I could tell she was primping for the next media event celebrating her success. Don’t even get started on Abby Joseph Cohen whose very very bad advice in the tech boom cost naive investors countless billions in the crash. My comment is not sour grapes because thinking Cohen was just shilling for her bosses peddling crap didn’t own any tech stocks in 2000. My policy is I won’t own companies where women hold key top positions. My short on all my banks is working like a charm. I anticipate the Treasury and/or the Fed will force most banks to suspend or sharply curtail dividends and dilute their shares to raise capital levels across the board.
By Dr. Mark Klein on 06/24/2008 9:20 am
Diana T
Go take your successful investments and stuff ‘em into your oversized portfolio…
By Diana T on 06/24/2008 9:27 am
E .
If the admins at wowOwow were to be kind and give us all an early winter holiday gift my choice would be the ability for each of us to refine our accounts and be able to select to ignore and block specific members’ comments from appearing on our screens. It would be swell to be able to silently and non-violently protest particular members by just pulling the blinds down on their negative anticking. - OR - They could deal effectively with trolls by blocking their IP addresses in order to stem the pointless negative disruptions which only serve to damage and dilute the site. Either way, I will remain hopeful that there is a light at the end of this particular dark tunnel.
By E . on 06/24/2008 1:28 pm
Elisabeth S
Elizabeth Flynn, I second your suggestion. I ignore the text now; but just seeing the name makes me queasy! Let’s keep hoping for a “fix” of some kind.
By Elisabeth S on 06/24/2008 2:24 pm
Diana T
Elizabeth Flynn & Elisabeth, Count me in for your comments! This person only goes on this site for the purpose of attracting attention to his very sick ego. It’s like climbing over a garbage pile to continue on our wonderful walk. WowoWow tech people: I protect and defend everyone’s 1st Amendment rights, but enough is enough already. One suggestion to everyone participating on this site: Boycott and ignore this guy and he will find another site to harass.
By Diana T on 06/24/2008 3:03 pm
E .
Thanks for the support Elisabeth and Diana. “It’s like climbing over a garbage pile to continue on our wonderful walk.” How true. It eventually makes it so you avoid the walk or find sunnier paths. It is not as if I don’t appreciate different points of view or dissenting opinions. I have so very much yet to learn in this life. However, I draw the line at hate and an unyielding self-indulgent torrent of ignorance aimed right between my eyes. A voice like that is not simply a dissenting opinion - it is abuse.
By E . on 06/24/2008 4:20 pm
Diana T
Elizabeth, How right you are. I never have problems with dissenting opinions. But, this person goes on this site for the Sole Purpose of finding a subject to verbally abuse the whole female race. There is no point of view involved here. And, if I were in the same room with him, I would vacate it because there comes a point at which this kind of vitriolic behaviour can no longer be tolerated. His venom is toxic and dangerous. I suspect it will continue as long as we acknowlege his presence; so be it. By the way, I was thinking of some of the male CEOs that have made history in the past few years. Ken Lay of Enron for starters; who are some other notorious ones?
By Diana T on 06/24/2008 5:34 pm
Diana T
I just thought of another “sharp” male CEO. Angelo Mozelo of Countrywide. And, we all know the mess they made of things.
By Diana T on 06/24/2008 5:41 pm
Frannie Em
Elizabeth and everyone, I can’t believe you guys are still reading him. Why do you waste your time? Just roll over him. Like turning the channels on the TV. The more reaction posts he reads about himself, the more he posts. Don’t read and don’t post about him. Help he rest of us out. We would really appreciate it.
By Frannie Em on 06/24/2008 7:25 pm
Joni Evans
Elizabeth: There IS light at the end of the tunnel. We are working on all these suggestions! JONI
By Joni Evans on 06/24/2008 7:26 pm
Frannie Em
Joni, That sounds interesting, what kind of light?
By Frannie Em on 06/24/2008 7:27 pm