The 2012 rating of the 500 largest firms in the United States features a record 18 corporations helmed by female CEOs, up from 12 corporations in 2011. The Fortune 500 is a list compiled by Fortune magazine that lists the highest 500 U.S.-primarily based public and carefully held companies as measured by gross income The listing is widely considered the 500 strongest companies that define American business. The Fortune 500 list is perhaps the perfect identified but Fortune additionally publishes the Global 500, which opens the checklist to companies worldwide. Different lists, like the Forbes International 2000, record the world's 2000 largest public companies.
Private firms that file a ten-K or different monetary assertion are eligible, as well as mutual insurance companies that file with the appropriate state regulator. With the intention to make the listing, an organization cannot be a subsidiary For example, Geico Auto Insurance coverage will not be eligible for the list as a result of it's owned by Berkshire Hathaway (NYSE: BRK-B ). After falling to number two on the record final 12 months, Walmart (NYSE: WMT ) overtook Exxon (NYSE: XOM ) to become the highest company in 2013. For the first time since the checklist started in 1955, Eastman Kodak failed to make the record.
Via their exemplary work ethic, the 24 female CEOs of Fortune 500 firms have begun to pave the way in which for extra ladies to excel inside the govt levels of large companies. Related lists exist including the Forbes High 500 Private Companies, Fortune World 500, Financial Instances 500, and Business Week's World a thousand. Every listing takes into consideration completely different rating standards, but none are as prestigious as the unique. With 2005 income of US$610 billion, the firms comprising the Fortune 500 may buy the complete annual financial output of the nations of Brazil, India or South Korea.
Even more impressive, with revenues of US$ 9.1 trillion, if the Fortune 500 had been seen as a nation they'd have the second largest economic system in the world, greater than the economies of the United Kingdom, Germany, France and Japan combined. Since 1955 Fortune journal has produced an annual listing 1000 companies list of the five hundred US firms with the very best gross revenue. The Fortune a hundred is the highest a hundred companies from the five hundred listing and the Fortune a thousand is the extended model.
In 2005, for the primary time within the history of the listing, Texas displaced New York as the state with the largest number of Fortune 500 corporations headquartered there. The previous record for ladies-led firms within the Fortune 500 was set in 2009, and included 15 firms run by female executives. Though this year marks a new excessive for feminine CEOs, girls still run simply 3.6 p.c of Fortune 500 companies.
