FORTUNE recently named Avon CEO Sheri McCoy to its list of “The 50 Most Powerful Women in Business: Global Edition.” McCoy ranks No. 19, followed by Google SVP Susan Wojcicki at No. 20. GM’s Mary Barra, IBM’s Ginni Rometty and PepsiCo’s Indra Nooyi hold the top three spots on the list.
Following a distinguished 30-year career at Johnson & Johnson, McCoy joined Avon in April 2012 with a focus on stabilizing the business and driving long-term growth initiatives. In a third quarter report that showed revenue down 7 percent, McCoy stated that the company is nevertheless “headed in the right direction,” with progress toward its long-term financial goals. Avon will report later this week on fourth-quarter and full-year 2013 earnings.
FORTUNE’s inaugural global ranking evaluates executive power from an international perspective, taking into account the leader’s standing in the worldwide business community. Other assessments include the size, importance and health of the business, as well as the leader’s career arc.
