Heading into 2021, ana-
lysts worried a Demo-
cratic administration
would mean a hit to GD’s
$38-billion-in-revenue
business. But the compa-
ny’s strengths have
turned out to be well
aligned with the Biden
White House’s military
priorities. Investors have
taken notice, sending the
stock up 44 % in the past
year. The company is
building the first Colum-
bia-class nuclear-pow-
ered ballistic missile sub-
marine for the U.S. Navy.
Phebe
Novakovic
Chairman and CEO,
63, General Dynamics
20
14
On one hand, Wojcicki
is leading an incredibly
fast-growing online
video service that’s just
slightly smaller than
Netflix. The addition of a
live online TV subscrip-
tion service has only
added to YouTube’s rele-
vance. Yet the prolifera-
tion of misinformation
on YouTube continues to
haunt the company, es-
pecially amid the pan-
demic, when the spread
of anti-vaccine messag-
ing is contributing to a
public health crisis.
Susan Wojcicki
CEO, YouTube,
53, Google, Alphabet
18
18
Progressive motored
along in 2020, with reve-
nue rising more than 9%
as the pandemic kept
drivers off the road. The
insurer also gained mar-
ket share, writing 8%
more net premiums last
year and expanding its
footprint in commercial
auto insurance with the
early 2021 acquisition of
Protective Insurance for
$338 million. Its stock
price, though, has had a
bumpy ride of late, and
profits fell in the second
quarter of 2021.
Tri c i a G ri ff i t h
President and CEO, 57,
Progressive
19
21
19
Home Depot’s sales
jumped 20% to $132 bil-
lion in the company’s
last fiscal year, as con-
sumers stuck at home
took to DIY, and the
stock has climbed 27%
year to date. Campbell
helped drive the deci-
sion to spend $2 billion
on extra compensation
and benefits like mental
health counseling for
store employees. But
there are signs the pan-
demic surge is abating:
Sales growth slowed in
the last quarter.
Ann-Marie
Campbell
EVP of U.S. Stores and
International Operations,
56, Home Depot
15
KEY NO CHANGE MOVED UP MOVED DOWN
Ones to Watch
What will the MPW list of the future look like? Here are some of the
names we expect to see a lot more of in the coming years.
Aicha Evans
CEO, Zoox
The first Black
woman to run a
self-driving–car
company had a big
2020: She sold the
startup to Amazon
and unveiled an
electric robotaxi.
Fama
Francisco
CEO, Baby,
Feminine, and
Family Care, P&G
The former MPW
international lister,
who runs a $19 bil-
lion operation,
moved to the U.S.
Neela
Montgomery
President, CVS
Pharmacy, EVP,
CVS Health
With a P&L of about
$90 billion, her CVS
business is bigger
than that of many
Fortune 500s.
Kim Posnett
Global Head of
Investment Banking
Services, Goldman
Sachs
The first woman to
hold the title, she
recently added a
top client services
role to her CV.
Fidji Simo
CEO, Instacart
The former
Facebook app head
aims to help the hot
grocery-delivery
startup fight off
its post-pandemic
slump (see story in
this issue).
Sharon
Ye s h aya
CFO, Morgan
Stanley
After chief of staff to
CEO James Gorman
and then head of
investor relations,
her latest move is
into the C-suite.
Vanessa
Pappas
COO, TikTok
After serving as
interim CEO until
April, Pappas is
settling into her role
as COO and U.S.-
based face of the
booming platform.
Patricia
Poppe
CEO, PG&E
Poppe joined in
January with a
challenging task
ahead: Can she
bring the eternally
troubled utility
back to the light?
Dawn Ostroff
Chief Content and
Ad Business Officer,
Spotify
The longtime TV
exec is driving
Spotify’s massive
bets on podcasts
and other audio
content.
Clockwise from bottom left: Yeshaya, Ostroff, Montgomery,
Pappas, Francisco, Evans
TOP, FROM LEFT: JESSICA CHOU; BESS ADLER—BLOOMBERG/GETTY IMAGES
; SECOND ROW, FROM LEFT: BRIAN SNYDER—REUTERS; SPENCER HEYFRON.
ONES TO WATCH, CLOCKWISE FROM TOP LEFT: COURTESY OF SPOTIFY; COURTESY OF CVS H
EALTH; JEROD HARRIS—GETTY IMAGES; COURTESY OF P&G
; COURTESY OF MORGAN STANLEY; COURTESY OF ZOOX