Women in Finance – Wealthy Women Daily https://wealthywomendaily.com Invest in Your Dream Life Fri, 17 Mar 2023 13:41:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://i0.wp.com/wealthywomendaily.com/wp-content/uploads/2019/03/cropped-Screenshot-1240.png?fit=32%2C32&ssl=1 Women in Finance – Wealthy Women Daily https://wealthywomendaily.com 32 32 143525241 Chicago Celebrates the 75th Anniversary of First Black Woman CPA https://wealthywomendaily.com/chicago-celebrates-the-75th-anniversary-of-first-black-woman-cpa/ https://wealthywomendaily.com/chicago-celebrates-the-75th-anniversary-of-first-black-woman-cpa/#respond Fri, 12 Oct 2018 04:21:13 +0000 https://wealthywomendaily.com/?p=69842 Did you know the first black woman CPA became licensed in Illinois in 1943?

Now you know and you can be inspired to achieve your own definition of success as a woman professional or entrepreneur.

The Illinois CPA Society and the City of Chicago celebrated the 75th anniversary of Mary T. Washington Wylie on Sunday, September 30th. To learn more, read the article here.

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Christine Leahy Will Take the Lead as CDW’s First Female CEO https://wealthywomendaily.com/christine-leahy-will-take-the-lead-as-cdws-first-female-ceo/ https://wealthywomendaily.com/christine-leahy-will-take-the-lead-as-cdws-first-female-ceo/#respond Thu, 20 Sep 2018 14:57:39 +0000 https://wealthywomendaily.com/?p=69818 It’s not impossible for a woman to become CEO of a Fortune 500 company anymore. At least, not in Illinois.

On September 18, 2018, CDW Corporation (NASDAQ: CDW) announced that CEO Tom Richards will retire. Christine Leahy will become the next CEO of the $15 billion tech company.

Chief Revenue Officer Christine Leahy, 54, is a part of a small, but growing list of recognized women leaders. She will become the second woman to be CEO of a Fortune 500 company in Illinois, along with Mary Dillon of Ulta Beauty.

“It will be an honor to lead the extraordinary CDW team as we build upon our heritage and embrace the future. I am grateful to Tom and our Board of Directors for their support and confidence, and I am committed to bringing all of my energy and capabilities to this role,” Leahy said in a statement.

With over 15 years of experience at CDW, Leahy served as the company’s first general counsel. Then she was promoted to senior vice president, international. Prior to that, Leahy was a corporate partner in the Chicago office of top law firm Sidley Austin.

Leahy is committed to opening the doors for more women to rise to higher levels of leadership. She founded the Women-to-Women Network at CDW, which empowers women to be effective leaders.

Beyond the workplace, Leahy is cultivating the next generation of civic leaders through her involvement in Chicago. She is a member of the Economic Club of Chicago, an organization comprised of nationally-influential leaders at the top of their profession.  Leahy is also chair of the board of trustees of Children’s Home and Aid.

Leahy earned her bachelor’s degree from Brown University in Rhode Island, and J.D. from Boston College Law School. She completed the CEO Perspective Program at Kellogg School of Management, Northwestern University.

What’s the income potential for a Fortune 500 executive? Leahy took home over $2 million last year in combined salary, bonus and stock options as Chief Revenue Officer. This shows that having a high business acumen can pay dividends (literally)!

Best Time in History for Women to Invest

This is the best in history for women to learn how to invest. The markets are volatile, mergers and acquisitions are frequent, and political friction is increasing uncertainty. More women are also rising to levels of leadership never witnessed before in the history of Fortune 500 companies. It’s the best time for women to dive in and explore the markets because we’re not looking at a straight investment path. The education you gain from investing will position you to be an executive leader. You have to think more strategically in this environment. And when you can learn how to navigate a period of turbulence, you unlock another level of possibilities that you can tap into as an investor. You also develop the financial acumen needed to become the next woman CEO!

If you are just starting your investment journey, join The Wealthy Woman Investor. You’ll gain the foundational skills and market insights you need to build your first investment portfolio.

If you’re not sure where to start and you want to get started now, download your copy of “Invest in 5 Minutes a Day“.

Questions? Email us at editor@wealthywomendaily.com.

Disclaimer: Wealthy Women Daily is solely educational and informational, and is not intended to give investment or trading advice of any kind. Not all asset classes are suitable for all investors. Wealthy Women Daily is a research academy that provides you with the data and analysis you need to make an informed investment decision. It is your responsibility to talk to an expert to understand how specific investments will impact you during tax time. 

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Pepsico’s First Female CEO Indra Nooyi Steps Down https://wealthywomendaily.com/pepsicos-first-female-ceo-indra-nooyi-steps-down/ https://wealthywomendaily.com/pepsicos-first-female-ceo-indra-nooyi-steps-down/#respond Tue, 07 Aug 2018 19:36:52 +0000 https://wealthywomendaily.com/?p=69562 In 2017, there was an all-time high of 32 women CEOs on the Fortune 500.

In 2018, the number declined as more women stepped down as CEO, including Campbell Soup’s Denise Morrison and Mattel’s Margo Georgiadis.

And now the numbers drop again as Indra Nooyi makes her move.

https://twitter.com/IndraNooyi/status/1026431769300672514

After holding the top spot at PepsiCo for 12 years, Indra Nooyi plans to step down on October 3rd. She will remain as chair until early 2019. Under Nooyi’s leadership as CEO, PepsiCo saw its revenue grow by more than 80 percent and experienced the birth of many billion-dollar brands.

Ramon Laguarta, PepsiCo’s President and a 22-year veteran of the company, will replace Indra Nooyi.

PepsiCo is a leader in the food and beverage industry, serving customers in over 200 countries with over 20 well-known brands. Their most popular brands include Pepsi, Frito-Lay, Gatorade, Quaker, and Tropicana. When Indra Nooyi steps down in October, the consumer packaged goods industry will lose one of it’s most vibrant and visible female voices of this decade.

Pepsico Earnings & Dividends

PepsiCo reached $63.5 billion in revenue in 2017. In May 2018, the company increased its annual dividend to $3.71 per share, marking the company’s 46th annual dividend increase.

On July 10th, PepsiCo reported results for the second quarter of 2018.

https://twitter.com/IndraNooyi/status/1026431766289149953

Best Time in History for Women to Invest

This is the best in history for women to learn how to invest.

The markets are volatile, mergers and acquisitions are frequent, and political friction is increasing uncertainty. It’s the best time for women to dive in and explore the markets because we’re not looking at a straight investment path. You have to think more strategically in this environment. And when you can learn how to navigate a period of turbulence, you unlock another level of possibilities that you can tap into as an investor. You also develop the financial acumen needed to become the next woman CEO!

If you want to learn how to build your dividend income portfolio from scratch, join Dividend Queen to gain access to our course and events.

For more market and investing insights delivered to your inbox, subscribe to Wealthy Women Weekly for FREE.

Disclaimer: Wealthy Women Daily is solely educational and informational, and is not intended to give investment or trading advice of any kind. Not all asset classes are suitable for all investors. Wealthy Women Daily is a research academy that provides you with the data and analysis you need to make an informed investment decision. It is your responsibility to talk to an expert to understand how specific investments will impact you during tax time. 
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Mellody Hobson Heads to the Director’s Chair at JPMC https://wealthywomendaily.com/power-women-mellody-hobson-takes-the-lead-at-jpmorgan-chase/ https://wealthywomendaily.com/power-women-mellody-hobson-takes-the-lead-at-jpmorgan-chase/#respond Thu, 29 Mar 2018 00:26:29 +0000 http://wealthywomendaily.com/?p=868 Mellody Hobson just earned a seat that is occupied by few women in the financial services industry.

On March 20, 2018, JPMorgan Chase announced that Mellody Hobson will join Chase’s Board of Directors. JPMorgan Chase is one of the world’s oldest and largest financial institutions, with total assets exceeding $2.5 trillion in 2017.

Leading financial thought leader and world-renowned speaker Mellody Hobson says she is very excited to bring her knowledge and experience to the company. “JPMorgan Chase is one of the most dynamic, successful companies in the world today — impacting the financial lives of millions of people and doing so with integrity and expertise… I’m very excited about helping make it an even more valuable resource for its customers and communities,” said Hobson in a statement.

Hobson has been President of Ariel Investments since 2000. Ariel Investments, headquartered in Chicago, is one of the largest African-American owned investment firms with over $10 billon in assets under management. Hobson joined Ariel as an intern and was later promoted as the firm’s senior vice president and director of marketing. Ariel Investments was the only company she worked for. She often jokes about how she is the only person in her graduating class at Princeton who has had the same work number since graduation.

Hobson’s appointment to Chase’s Board of Directors is a major victory but she is no stranger to the board room. She’s served on the board of some of the most prominent Fortune 500 corporations including Starbucks Corporation and The Estée Lauder Companies. She also served as the Board Chair of DreamWorks Animation. In 2017, she became the first African American woman named to Head of Economic Club of Chicago.

Hobson is a nationally recognized voice on financial literacy and investor education. In 2015, Hobson was named to Time Magazine’s annual list of the 100 most influential people in the world.

With this long list of noteworthy accomplishments under her belt, Hobson is well positioned to be a tremendous asset to JPMorgan Chase.

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