Let’s hear it for Beyoncé, rising in the power list

Fortune magazine released its annual “Most Powerful Women” list (aren’t all women powerful, though??) and GM CEO and Chairman Mary Barra tops the list again as most powerful woman.

Many of those at the top of the list are the first women to hold their posts. It’s even more significant because she is the only celebrity on the list among CEOs and corporation presidents. In 2014, she was ranked third. PepsiCo’s 2015 sales dropped 5 per cent, while its profits declined 13 per cent.

Barra, 54, topped the list, which included 51 women in all, due to her success with the auto giant. She ably steered GM through the ignition switch crisis that hit in 2014, made the tough decision to end operations in Russian Federation, and invested in ride- sharing company Lyft. “And she posted record profits in 2015 of Dollars 9.7 billion”, Fortune added.

Barra was chosen to top the list ahead of other corporate executives such as Indra Nooyi, CEO of PepsiCo, Ginni Rometty, CEO, chairman and president of IBM and Sheryl Sandberg, chief operating officer at Facebook.

Obviously the singer and sometime actress widely known for her chart-topping hits which helped to make her the first female artist to have 12 songs on the Billboard top 100, she is also a successful entrepreneur making waves in the business industry.