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Fortune

Emma Hinchliffe, Nina Ajemian

Women run 11% of companies on 2025 Fortune 500

Fortune Jennifer Witz Mary Barra MPW Equinix

Mary Barra, Jennifer Witz, Gunjan Kedia (Credit: Barra: Getty Images; Witz: Courtesy of Sirius XM; Kedia: Getty Images)

Good morning! Taylor Swift buys back her masters, PBS sues Trump, and the 2025 Fortune 500 is here.

– 55 out of 500. The 2025 Fortune 500 is out this morning—and women run 11% of companies on this year’s list. Of the 500 businesses that claim spots on the ranking of the largest U.S. companies by revenue, female CEOs lead 55 of them. After two years at 10.4%, 11% is a slight increase.

My colleague Nina Ajemian (who curates the second half of this newsletter each day!) has a rundown of this year’s female Fortune 500 CEOs. After Karen Lynch’s exit from CVS Health in October, GM is the largest Fortune 500 company, at No. 18, helmed by a female CEO—Mary Barra.

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