Two Minnesotans Land on Fortune’s ‘Most Powerful Women’ List
Two Minnesotans appear on Fortune magazine’s 2019 list of “most powerful women in business.”
Corie Barry, CEO of Richfield-based Best Buy, ranked 18th, while Land O’Lakes CEO Beth Ford ranked 31st. (Ford also appeared on the list last year.)
When considering women to include on the list, Fortune’s editors weighed four main criteria, including the “arc of the woman’s career,” as well as her social and cultural influence. The magazine’s staff also evaluated the size and importance of a woman’s business in the global economy, as well as its health and direction.
Fortune’s 2019 list features 10 newcomers, including Barry.
“As the 50 execs on this year’s list prove, women now hold more corporate power than ever before—and they’re not afraid to wield it,” Fortune staff wrote in a summary of the list.
Barry became CEO of Best Buy in June, succeeding Hubert Joly.
“Barry oversaw strategic transformation and growth before becoming CEO, laying the groundwork for the turnaround that propelled her up the executive ranks,” Fortune editors wrote, noting that Barry is one of the youngest CEOs on the Fortune 500 list.