Biz Break: Sheryl Sandberg, Susan Wojcicki, Meg Whitman among Forbes’ Most Powerful Women

Top Of The Order:  

Climbing The Chart: German Chancellor Angela Merkel has been on a roll, status-wise, over the last year. First, she was chosen as Time magazine’s Person Of The Year for 2015. On Monday, Merkel got another accolade, as Forbes magazine placed her No. 1 on the list of the World’s 100 Most Powerful Women.

And with as many leading tech companies, in particular, as there are in the Bay Area, it should come as no surprise that some of the leading women executives in the tech industry from around this region would make the Forbes Most Powerful list. And it should also come as no surprise who some of those women are.

The top local official on the Forbes list is Facebook Chief Operating Officer Sheryl Sandberg, who came in at No. 7, up one spot from a year ago. Right behind Sandberg at No. 8 is Google Chief Executive Susan Wojcicki, who came in ninth place last year, and Hewlett Packard Enterprise CEO Meg Whitman, who rose five places over a year ago to No. 9 on the list this year.

Other names on the Forbes 100 Most Powerful Women list who rose to higher spots from last year are:

  • Angela Ahrendts, senior vice president of retail at Apple. Ahrendts was ranked No. 15, up from No. 25 a year ago.
  • Oracle co-CEO Safra Catz, who rose four spots to No. 20.
  • Ruth Porat, Google Chief Financial Officer, who came in at No. 27 compared to No. 32 a year ago.

Two high-powered local women who dropped in the Forbes standings were Laurene Powell Jobs, the philanthropist and wife of the late Steve Jobs, who slipped to No. 49 from No. 44, and Yahoo CEO Marissa Mayer, whose position tumbled 33 spots from a year ago to No. 55 on the Forbes list this year.

Forbes based its rankings on four criteria: money that included either net worth, company revenues, or a nation’s gross domestic product; media presence; spheres of influence; and impact within and outside the context of each woman’s field.

Middle Innings:

The Sun Rises For Solar City: We haven’t written about SolarCity for while here, but on Monday, the solar panel technology company was the darling of investors, who sent SolarCity’s shares up by almost 11 percent by the time the market closed.

The boost appeared to come from anticipation that by next year, SolarCity will issue more loans than leases for its solar panels and products. Credit Suisse analyst Patrick Jobin said in a research note that loans from SolarCity are becoming more popular, and provide more revenue to the company at the start of a loan period that leases.

SolarCity recently launched two new loan programs, a 10-year plan with fixed interest of 2.99 percent, and a 20-year loan with a 4.99 percent interest rate.

Bottom Of The Lineup:

Here’s a look at how some leading Silicon Valley stocks did Monday…

Movin’ On Up: Gains came from Advanced Micro Devices, Harmonic, Genomic Health, Sunpower and Silver Spring Networks.

In The Red: Decliners included Barracuda Networks, Pandora Media, Medivation, Jive Software and Glu Mobile.

The tech-focused Nasdaq Composite Index rose 0.5 percent to 4,968.

The blue chip Dow Jones Industrial Average added 0.6 percent to end the day at 17,920.

And the broad-based Standard & Poor’s 500 Index rose 0.5 percent to 2,109.

Quote Of The Day: “I done wrestled with an alligator, I done tussled with a whale; handcuffed lightning, thrown thunder in jail.” — Muhammad Ali

Sign up for the 60-Second Business Break newsletter at www.siliconvalley.com.

 

Photo: Facebook Chief Operating Officer Sheryl Sandberg. (Bay Area News Group archives)

 

Tags: , , , , , , ,

 

Share this Post



 
 
 
 
 
css.php