GM CEO Mary Barra named Fortune's Most Powerful Woman for third year

Posted at 7:50 AM, Sep 22, 2017
and last updated 2017-09-22 07:50:52-04

General Motors Chair and CEO Mary Barra has been named Fortune's Most Powerful Woman of the Year for the third straight year.

The 55-year-old beat out CEOs of other major companies including Pepsi, Hewlett Packard Enterprise, Google, Progressive and more.

"Roaring into No. 1 for her third straight year, Barra remains in the driver's seat even as crosstown rival Ford ousted CEO Mark Fields in May," Fortune writes. "Proving that GM won't be counted out in this era of disruption, she beat Tesla's much-hyped Model 3 to market with the Chevrolet Bolt EV, which launched in 2016 with a battery that can outlast Tesla's; it's not he top-selling non-luxury pure electric car."

Fortune also writes that Barra has her eyes toward the future with self-driving cars, citing the company's test of autonomous Bolts and car-sharing service Maven.

She finished ahead of 51 other women, including 26 CEOs.

PepsiCo Chair and CEO Indra Nooyi was ranked No. 2; Lockheed Martin Chair, President and CEO Marillyn Hewson was No. 3; Fidelity Investments Chair and CEO Abigail Johnson is at No. 4 and Facebook COO Sheryl Sandberg at No. 5.