Three Black Women named among most powerful in business

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URSULA BURNS, CEO AND PRESIDENT OF XEROX

(NNPA)–Three African-American women were among those feature in Fortune magazine’s annual “50 Most Powerful Women in Business,” released in late October.

Ursula Burns, CEO and president of Xerox; Rosalind Brewer, CEO and president of Sam’s Club; and Shonda Rhimes, creator of the hit shows “Scandal” and “Grey’s Anatomy,” are among the top movers and shakers in business, according to the magazine.

Editors chose the finalists based on four criteria: the size and importance of the woman’s business in the global economy, the health and direction of the business, the arc of the woman’s career including past and future potential achievements, and social and cultural influence.

The 55-year-old Burns ranked 13th for having “successfully transformed” Xerox, according to her Fortune profile: “Over half its $22 billion in revenue comes from services such as customer care and IT outsourcing.” Burns’ ranking was a drop from her No. 7 ranking last year, perhaps because of Xerox’s failing fortunes—the traditional document business saw an 8 percent fall in profits last year.

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