Forbes Most Powerful Women: Angela Merkel Tops
German Chancellor Angela Merkel still dominated the No. 1 spot on Forbe's annual ranking of the world's most powerful women for the fourth year in a row, while First Lady Michelle Obama and Secretary of State Hillary Clinton didn't get in top 30.
"Women in power are rising to leadership positions in business, government and philanthropy by making daring and unconventional moves," Forbes said. "Gone are the days of women feeling they must stick with one employer and patiently wait for promotions."
Merkel, became the first female chancellor of Germany in 2005 and is running for a second term in the Sept 27 federal election.
In second place came Sheila Bair, chairman of the Federal Deposit Insurance Corp., which provides deposit insurance in US member banks. The third place was taken by Indra Nooyi, chief executive at PepsiCo., followed by Cynthia Carroll, chief executive of mining giant Anglo American, and Ho Ching, Singapore's First Lady and chief executive at Singapore's government investment company Temasek Holdings.
Other notables include Secretary of State Hillary Rodham Clinton, at No. 36; talk-show host Oprah Winfrey, at No. 41; philanthropist Melinda Gates, at No. 34; Queen Elizabeth II, at No. 42; and Speaker of the House Nancy Pelosi, at No. 35.
First Lady Michelle Obama joined the list at No. 40. Other newcomers are Secretary of Health & Human Services Kathleen Sebelius, at No. 56; recently sworn-in Supreme Court Justice Sonia Sotomayor, at No. 54; Secretary of Homeland Security Janet Napolitano, at No. 51; and SEC Chairman Mary Schapiro, at No. 55.
The list is created based on factors including economic impact, media reach, and career accomplishments.
The full list is available on Forbes website here.