By Colleen Kane, CNBC.com
Women account for less than 5 percent of the CEOs in S&P 500 companies, but the number is edging up. Fortune 500 corporations hit a record 20 when Marissa Mayer joined Yahoo! earlier this year.
The following list consists of 10 women CEOs who run the highest valued corporations, from the fields of technology to food and beverage to chemicals and energy services. Note that company values are determined by their market capitalization numbers.
This roster includes leaders who are remarkable not only for their accomplishments and titles. It includes several women who were firsts of their kind in different categories. Read ahead to see the biggest companies run by women, as determined by the current S&P 500.
See the full list: Biggest Companies Run by Women
CEO: Virginia "Ginni" Rometty
Company value: $236.226 billion
Ginni Rometty took on the role of CEO of International Business Machines in January. She joined the company in 1981 and held numerous
Blog Posts by CNBC
By Colleen Kane, CNBC.comRead More »from Biggest Companies Run by Women
By Jennifer Parker, CNBC.comRead More »from What You Should Know About Your Spouse’s Money
You wouldn't merge companies without combing through a potential business partner's finances. In financial terms, the joint venture known as marriage is similar.
Sound unromantic? Consider this: the most commonly cited cause of divorce in the U.S. is unexpected financial stress. So it follows that one of the wisest ways to protect a marriage is honest financial openness and planning.
"Regardless of your attitudes about money, spouses must give full disclosure on their finances because each person is liable for the other," says certified financial planner Dean Harman of Harman Wealth Management.
Want to be good at the business of marriage? Take a deep breath and put everything on the table.
[More from CNBC: How the 'Fiscal Cliff' Could Hurt Your Marriage]
The Debt Talk
For many couples, talking about debt is the most difficult, but most important, financial discussion to have. Past debts from either spouse can affect your
By Cindy Perman,CNBC.comRead More »from Hate Meetings? Why Most Are Complete Failures
Do you hate meetings? Do you feel like most of them are a waste of your time?
This meeting? Total failure. My nap? Total success!Well, join the club, sunshine: Executives consider more than two-thirds (67 percent) of meetings to be failures, according to research by Rick Gilbert, an executive coach (www.powerspeaking.com) for companies including Apple, Adobe, Cisco, eBay and Oracle and the author of "Speaking Up: Surviving Executive Presentations."
"Maybe the numbers weren't right or the data weren't good," Gilbert said. Maybe the subordinates giving the presentation didn't understand what the executives were asking for. "The meeting had to be rescheduled and it took up a lot of time."
And a lot of valuable time at that: If you figure that the average CEO is paid $12 to $13 million, that's $6,000 an hour. Imagine you have more than one high-level executive at that meeting and failure becomes expensive.
[More From CNBC: Employees Behaving Badly: Vampires, Terrorists & Gossips]
By Gilbert's estimates, failed
By Jeff Cox, CNBC.comRead More »from Record 46 Million Americans Are on Food Stamps
The number of Americans on food stamps hit a record high in June, and economists don't expect much improvement as long as unemployment remains high.
Those receiving benefits through the Supplemental Nutrition Assistance Program numbered 46.37 million, the government said in a report that hit just days ahead of the monthly nonfarm payrolls report, which the Labor Department releases Friday.
The two numbers are inextricably linked as the economy battles its way back from the crippling recession that the National Bureau of Economic Research says ended in 2009.
"The unemployment data is not really telling us the true story of how many people are underemployed," says Peter Cardillo, chief market economist at Rockwell Global Capital in New York. Food stamps are "a good indication of how the income of the workforce has stagnated and more and more people are applying for food stamps."
With 22.4 million households using food stamps, fully 15
By Sharon Epperson, CNBC.comRead More »from No College Degree Required: $100,000 Jobs
It may not be a piece of cake, but despite stagnant wages for the majority of U.S. workers, making a six-figure salary without earning a college degree can be achieved.
Hired! From overseeing the creation of beautiful breads, pastries and desserts for hotels and restaurants as an executive pastry chef to (surprisingly!) becoming a nuclear power reactor operator conducting procedures that start up or shut down the plant, having a college degree in these occupations is not mandatory.
Personal trainers, massage therapists, and handymen are also among the jobs where top earners with no college degree can receive annual pay that exceeds $100,000, according to PayScale.com. To compile this list, PayScale.com surveyed its salary and career database, covering about 12,000 jobs in over 1,000 industries.
"A six-figure salary is not typical in these jobs, but it is possible," says PayScale.com's Katie Bardaro. "You need to be a top performer in your
- CNBC | Work + Money – Thu, Aug 23, 2012 4:20 PM EDT
By Liza Jansen, special contributor for CNBC.comRead More »from More Women in Boardrooms? Campaigner Says Progress Being Made
. Does being a mother of nine, overseeing investments of over 47 billion pounds, and advocating to get more women in boardrooms at the same time sound implausible?
Not for Helena Morrissey, who's daily routine consists of overseeing the logistics of a large family, being the chief executive of asset management firm BNY Mellon-owned Newton Investment Management, and managing the 30 Percent Club, which aims to have women sitting on the boards of 30 percent of all FTSE-listed companies by 2015.
Morrissey says the push for greater female representation on boards is having some success.
"Almost half of all new appointments are going to women, which, in the current economic context, is about as much as we can head for at this stage," Morrissey told CNBC. "We've almost had no change in four years up to the end of 2010, with women holding 12 percent of FTSE 100 board positions. This number now stands at nearly 17 percent."
Morrissey says the
By Valerie Patriarca, CNBC.comRead More »from Tips to Finding the Perfect Diamond Ring
There are over 2 million weddings a year with 93 percent beginning with a diamond engagement ring, but picking the perfect ring is no easy task.
The average cost of a diamond engagement ring is $5,200, and most of the money spent on the ring goes toward the center stone.
TheKnot.com tells CNBC that there are four important qualities an individual should be looking for when shopping for a diamond engagement ring: cut, color, clarity and carat.
There are several different diamond cuts that vary in shape and size. The most popular cut is the round diamond, with just over half choosing it for their fiancé.
The second most popular is the princess cut, which looks like a square.
While most chose a crystal clear diamond, there are many who chose a non-traditional yellow or blue diamond. However, in either case, the clarity and quality of the diamond is extremely important. In fact, according to an annual survey conducted by the
By Stephanie Dhue, CNBC.comRead More »from Does Your Kid Need a Coach to Get into College?
As the kids head back to school, the stress of the college application process isn't far behind. The costs and complexities of college today have some parents turning to educational consultants for help.
For a fee, these counselors help students select schools that fit their talents and navigate the admissions system. This typically involves face-to-face meetings to set goals and deadlines, understand the testing system and reviewing college essays. (Related: Why College May Not Be Worth It.)
Margy Caccia started using College Coach, a division of Bright Horizons, when her daughter, Elizabeth, was a high school sophomore and their son, Joe, was a junior. Elizabeth is now a graduate of the University of Virginia and Joe is in his second year at James Madison University.
Margy, a Virginia teacher and her husband, a lawyer, found it helpful to have an independent third party in the mix. "Having another adult talk to them about their future just seemed to
- CNBC | Work + Money – Wed, Aug 22, 2012 11:27 AM EDT
By Javier E. David, CNBC.comRead More »from Hillary Clinton, Merkel, Lady Gaga: Who's More Powerful?
German Chancellor Angela Merkel tops Forbes' list of the world's 100 most powerful women for the second-consecutive year, and Secretary of State Hillary Rodham Clinton is No. 2.
German Chancellor Angela Merkel In a world where politics and economics have become increasingly intertwined, it may come as no surprise that seven of the top 10 slots on Forbes' ninth-annual list are occupied by government officials.
Still, the roster of marquee names released Wednesday runs across a range of industries including business, media, non-profits and finance. According to Forbes, the 25 chief executives on the list oversee companies with nearly $1 trillion in revenues.
Brazilian president Dilma Rousseff, leader of Latin America's largest economy, comes in at No. 3. Rounding out the top five are philanthropist Melinda Gates, wife of Microsoft founder Bill Gates, and Jill Abramson, executive editor of The New York Times.
Merkel, charged with the Sisyphean task of preventing Europe from fracturing
By Colleen Kane, CNBC.comRead More »from Home Improvements that Add the Most Value
Projects geared toward the homeowner's particular tastes, like the addition of a home music studio, have the least positive effect on asking price. Some home renovations pay off at a much better rate than others, according to a report from ISoldMyHouse.com, a for-sale-by-owner website.
"Projects geared toward the homeowner's particular tastes, like the addition of a home music studio, have the least positive effect on asking price," says Owen Gilman, President of ISoldMyHouse.com. "Projects that most anyone can appreciate, such as a revamped bathroom, tend to boost sales price the most."
Bryan Laing, director of brand strategy at the marketing firm Crack, invested $100,000 revamping his 1928 bungalow in Portland, Ore. last year. "The sexy stuff," says Laing, was the new kitchen, bathroom, refinished hardwood floors, repainted interior, new patio and landscaping.
The upgrades also covered some "not as sexy, functional stuff," like new siding and exterior paint, a new roof, and updated windows, insulation, plumbing and furnace.
Laing purchased the house for $270,000 in 2009, and he reports it was