15 Most Powerful Women in Technology 2012
#4 Meg Whitman
Rank 18
CEO, Hewlett-Packard
Whitman’s company HP shares are down nearly 25% this year making it the lowest performer in the Dow Jones industrial average. At a conference in June she said it might take "four or five years" to fix the company. Her incentive stock options could be worth millions but only if the stock price increases 40% in the next 24 months under her leadership. She turned down Warren Buffett's invitation in 2011 to join the Giving Pledge, in which billionaires agree to donate half their fortune to charity. Her net worth has grown $300 million since September 2011 thanks to a 50% hike in the value of her eBay shares.
#3 Ursula Burns
Rank 17
Chairman and CEO, Xerox
Burns has been the CEO of Xerox since 3 years and is still trying to reframe it as a services business rather than a seller of printers and copiers. Services like managing electronic ticket transactions, road tolls and parking meters now bring in half of all revenues, and Burns sees continued growth through small acquisitions of health care and processing technologies. After beginning her career at Xerox in 1980 as a summer engineering intern, Burns climbed the ranks to become the first black woman ever to run a major U.S. corporation. This year she spoke out against Augusta National Golf Club's male-only membership policy, saying "it's ridiculous" and, if unchanged, Xerox wouldn't sponsor the Masters on her watch.
