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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.
