The prestigious New York-based Forbes Magazine has downgraded President Gloria Macapagal from the top of the list of the most powerful women. After ranking her fourth in 2005 and ninth in 2004, President Arroyo was relegated to 45th in this year's list, according to the Forbes article posted on its website, www.forbes.com. Angela Merkel, the first female chancellor of Germany, topped the list.
Forbes said its list was based on a power ranking that is the composite of visibility (measured by press citations and economic impact).
“A total of 30 women in our ranking of
the World’s Most Powerful Women also have won top spots in government, up from
24 in last year’s ranking. Three of them were elected to the top job within the
last year," Forbes said in its Web site.
These include Chilean President Michelle
Bachelet (17), Liberian President Ellen Sirleaf (51), and Han Myung-Sook, South Korea’s
first female Prime Minister (68).
Other political figures in the top 25 of
the list are New Zealand Prime Minister Helen Clark (20), and United States
Sen. Hillary Clinton (18).
Merkel edged out US Secretary of State
Condoleezza Rice, who had topped the list in 2004 and 2005. Rice dropped to
second spot.
Third on the list is Chinese premier Wu
Yi; fourth is Indra Nooyi, chief executive-designate of PepsiCo; and fifth is
Anne Mulcahy, chairman, chief executive of Xerox.
Others in the top 25 of the list include:
6. Sallie Krawcheck, chief financial officer, Citigroup, US;
7. Patricia Woertz, chief executive, Archer Daniels Midland, US; 8. Anne
Lauvergeon, chairman, Areva, France; 9. Brenda Barnes, chairman/chief
executive, Sara Lee, US; 10. Zoe Cruz, co-president, Morgan Stanley, US; 11.
Irene Rosenfeld, chief executive, Kraft Foods, US; 12. Melinda Gates,
co-founder/director, Bill & Melinda Gates Foundation, US; 13. Sonia Gandhi,
president, National Congress Party, India; 14. Oprah Winfrey, chairman, Harpo,
US; 15. Anne Sweeney, co-chairman, Disney Media Networks, US; 16. Mary Sammons,
Chief Executive, President, Rite Aid, US; 17. Michelle Bachelet, president,
Chile; 18. Hillary Rodham Clinton, senator, New York, US; 19. Ann Livermore,
EVP, Hewlett-Packard, US; 20. Helen Clark, prime minister, New Zealand; 21.
Safra Catz, President and CFO, Oracle, US; 22. Margaret Whitman, chief
executive/president, eBay, US; 23. Julie Gerberding, director, Centers for
Disease Control and Prevention, US; 24. Susan Arnold, vice chairman, Beauty
& Health, Procter & Gamble, US; 25.
Patricia Russo, chairman and chief
Executive, Lucent Technologies, US.
Reacting to the downgrade, Malacanang
said it has nothing to worry about as
what matters most is that Mrs. Arroyo is still in the list.
Executive Secretary Eduardo Ermita said
if Mrs. Arroyo’s popularity went down, they cannot do anything about it as the
survey was conducted by a highly-respected private group in the US.
“We cannot control a private group such
as Forbes magazine but we’re still thankful that they have included our
President in their survey," he said.
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