50 women who broke barriers in the business world

Alex Wong // Getty Images
Alex Wong // Getty Images

The term "glass ceiling" was coined in the mid-1980s by management consultant Marilyn Loden. But long before the term existed, women faced all kinds of barriers to achieving occupational success outside the home.

Many women were denied access to higher education in the English-speaking world until the 18th and 19th centuries. Census data shows women have consistently been paid less than men for decades or longer. Some women also feel that they've missed out on promotions or job opportunities because of their gender. Career success for women has been a struggle throughout history.

However, the challenges haven't stopped women from making incredible achievements: National Center for Education Statistics data shows women have earned more bachelor's degrees than male students every year for four decades. Women have become executives of companies in male-dominated spaces, including finance, entertainment, and information technology. Every year, they come closer to closing the gender pay gap, according to the National Committee on Pay Equity—perhaps the most ubiquitous barrier for all women in the workplace, from the factory floor to the executive suite.

To honor advancements in gender equality in the workplace, Stacker compiled a list of 50 women who broke barriers in the business world. The list includes women from a variety of industries and a range of ethnicities and socioeconomic backgrounds. It features both historical figures and modern-day legends.

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2 / 50

Eliza Lucas Pinckney

South Carolina didn’t add the first woman into its Business Hall of Fame until 1989—some 250 years after the inductee, Eliza Lucas Pinckney, made some major business accomplishments. The Antigua-born agriculturalist is best-known for popularizing blue indigo dye in continental North America and helping to turn the pigment into the second-biggest export crop in South Carolina in the mid-18th century.

3 / 50

Madam C.J. Walker

Born in 1867 to sharecroppers, Madam C.J. Walker launched a collection of hair products for African American women at age 38. The company became a rapid success, turning Walker into one of the richest African American women of the time. In 1917, she established the National Negro Cosmetics Manufacturers Association and used her wealth and power to advocate for Black women’s economic independence.

4 / 50

Lucille Ball

Lucille Ball was more than just the lovable star of “I Love Lucy” in the 1950s. After her divorce from Desi Arnaz, she bought her ex-husband out of their company, Desilu Productions, thereby becoming the first woman to have ownership over a major television studio. The production techniques she helped develop—from shooting in front of a live audience and using multiple cameras—are still in use today.

6 / 50

Maggie L. Walker

Born to enslaved parents, Maggie L. Walker paved the way for women in finance when she became the first woman to establish a bank in the United States in 1903. Walker’s St. Luke Penny Savings Bank became an important symbol of self-help for African Americans in the segregated South.

7 / 50

Sheryl Sandberg

Sheryl Sandberg was the first woman elected to Facebook’s board of directors in 2012, four years into her tenure as the social media company’s chief operating officer. She remains COO of Meta Platforms today. Her book “Lean In”—which explained how women could achieve success in male-dominated businesses—became a best-seller the following year.

Sandberg dealt with blowback over her role overseeing a lobbying campaign to silence critics of Facebook users' personal information being harvested by Cambridge Analytica. She was also called to Washington D.C. in September 2018 to testify about Facebook's responsibility in Russia's interference into the 2016 election.

8 / 50

Ursula M. Burns

The American corporate world didn’t get its first Black woman chief executive until 2009 when Ursula M. Burns was appointed leader of Xerox. After leaving Xerox, she became chairperson and chief executive at VEON. Today, she is a director of the boards of Exxon Mobil, Nestlé, and Uber.

9 / 50

Beth Mooney

Beth Mooney became the first woman to serve as chief of a top-20 U.S. bank when she took leadership of KeyCorp in 2011. In 2015, KeyCorp struct a deal to acquire $40 billion-asset First Niagara Financial Group for $4.1 billion—the company's biggest deal ever. The sale closed in late 2016. Mooney announced her retirement from the role in May 2020.

10 / 50

Emily Howell Warner

Long-relegated to the role of flight attendants, women had their path to becoming captains paved when Emily Howell Warner became the first permanent woman pilot for a passenger airline in the U.S. in 1973. A year later, she entered the Air Line Pilots Association as its first female member and eventually became a Federal Aviation Administration examiner.

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13 / 50

Mary Katherine Goddard

Mary Katherine Goddard was a business pioneer in early America. She became the nation’s first woman publisher in 1766, and the first woman postmaster in 1775. She also printed the Declaration of Independence’s first copy, perhaps the most famous of Goddard’s many accomplishments.

[Photo: Copy of the Declaration of Independence printed by Mary Katherine Goddard.]

14 / 50

Victoria Woodhull and Tennessee Claflin

Sisters Victoria Woodhull and Tennessee Claflin founded the nation’s first women-run brokerage firm, Woodhull, Claflin & Company, in 1870. They would use some of their profits to found a newspaper that covered women’s issues, such as suffrage, labor reform, and prostitution.

[Photo: Victoria Woodhull and Tennessee Claflin.]

16 / 50

Lettie Pate Whitehead

Lettie Pate Whitehead was appointed to The Coca-Cola Company's board of directors in 1934, making her one of the first women directors of a major American corporation. She held the position for almost two decades. She also made generous donations to organizations that support the arts, education, and medicine.

17 / 50

Margaret Bourke-White

War photography was no longer only a man’s job after Margaret Bourke-White grabbed her camera and started covering World War II battles and refugee camps. The first woman war photographer, Bourke-White shot images for Life Magazine and even survived a torpedo attack.

18 / 50

Dana L. Ulery

When NASA Jet Propulsion Laboratory hired Dana L. Ulery in 1961, it was the first time the organization was open to women engineers. She developed algorithms for NASA’s Deep Space Network and worked to automate real-time tracking technology for various space missions.

19 / 50

Oprah Winfrey

Television changed when Oprah Winfrey came on the scene. At just 19 years old, she became WTVF-TV’s first (and youngest) Black anchor. She went on to own and produce a talk show—a first for women in the industry. Today she is among the wealthiest people in the world.

20 / 50

Denise Morrison

Denise Morrison served as Campbell Soup Company's first woman leader in 2011. She has been called a "hero of conscious capitalism" for her efforts turning Campbell into a more purpose-driven business. Under her leadership, the company developed new standards of transparency, created organic products, reduced food waste, and eliminated wasteful packaging.

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21 / 50

Janet Yellen

Economist Janet Yellen became the first woman to chair the Federal Reserve in 2014. She is credited with helping to boost the economy throughout her tenure at the central bank. She became the 78th U.S. treasury secretary on Jan. 26, 2021.

22 / 50

Heather Bresch

The first woman to lead a major pharmaceutical company is Heather Bresch, who served as chief executive of Mylan from 2012 until 2020.

She started working at Mylan 20 years prior when she was hired to type prescription labels in the basement of a factory. Mylan and Bresch received intense scrutiny over the years for inflating EpiPen costs, federal investigations of the company, and executive pay. Bresch helped to steer Mylan from a 300-employee company making $100 million in revenue in one country to a 45,000-employee business bringing in $20 billion across 165 countries. 

23 / 50

Ann Sarnoff

Warner Bros. hired its first woman chief executive, Ann Sarnoff, in mid-2019. While she was an outsider to Hollywood, she had already built an illustrious career as an executive at Dow Jones, Viacom, BBC Studios Americas, and the WNBA.

 

24 / 50

Lilly Ledbetter

Lilly Ledbetter in 1998 sued her employer, Goodyear Tire and Rubber Company, after she discovered she was paid less than her male co-workers for doing the same work. She was initially awarded $3.3 million, but the U.S. Supreme Court overturned the ruling in 2007. Ledbetter continued to work on equal pay issues for women despite the setback. In 2009, President Barack Obama signed a law named after Ledbetter to allow workers to report their employers to the Equal Employment Opportunity Commission for wage discrimination.

27 / 50

Indra Nooyi

During her time as chief executive officer of PepsiCo, Indra Nooyi became an outspoken proponent for diversity and public dialogue about the difficult choices women are forced to make in pursuit of their careers. She left PepsiCo in 2017, at a time when her annual salary was $31 million. Today, she serves on the boards of Amazon and the International Cricket Council.

28 / 50

Mary Barra

When Mary Barra took over General Motors in 2014, she was the first woman to become a chief executive of a major automaker. She helped the company recover from bankruptcy, a massive recall, and sales of certain divisions. Business Insider once called her “the best CEO the company has ever had.”

30 / 50

Rihanna

When award-winning performing artist Rihanna launched her makeup brand, Fenty Beauty, in 2017, she showed the world that inclusive cosmetics are a recipe for business success. The first line included a whopping 40 different tones of foundation, many of which sold out right away. Time named it one of the best inventions of 2017. Today, the Barbadian actor, businesswoman, fashion designer, and singer is worth approximately $1.7 billion.

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31 / 50

Abigail Johnson

Following in her father’s footsteps, Abigail Johnson took over the chief executive role at Fidelity in 2014. She was the first woman to sit on the board of the Financial Services Forum, a political advocacy group composed of high-profile chief executives in finance.

32 / 50

Bridget Mason

After escaping slavery with her daughters, Bridget “Biddy” Mason became one of the earliest Black women in the U.S. to own land after purchasing a $250 commercial property in Los Angeles. It was the seed of what would eventually become a real estate empire valued at $300,000 in 1884. Not only a business woman, Mason was also a philanthropist in her community and helped open the first African American church in Los Angeles. 

33 / 50

Anna Bissell

The first female chief executive in the U.S. was Anna Bissell. She took over the Bissell Company in 1889 when her husband Melville passed away. As a leader, she implemented progressive policies, like worker’s compensation and pensions, for employees at Bissell.

36 / 50

Radia Perlman

Radia Perlman is a prominent inventor who holds more than 100 U.S. patents. Her work played an important role in making the internet what it is today. She is also a part of the National Academy of Engineering.

37 / 50

Barbara Corcoran

As a waitress, Barbara Corcoran borrowed $1,000 and launched what would become New York City’s first real estate firm owned by women—the Corcoran Group. She sold the business for $66 million nearly two decades ago and now invests in other businesses on “Shark Tank.”

40 / 50

Sheila Johnson

There were no Black billionaires in the U.S. until 2000, when Sheila Johnson and her former spouse, Robert, sold Black Entertainment Television for $2.34 billion. She also made strides for Black women in sports when she became the first Black woman to be a partner or owner of three sports teams at the professional level.

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41 / 50

Elizabeth Timothy

The first woman to edit and publish a newspaper in the United States was Elizabeth Timothy, who brought the South Carolina Gazette back from hiatus in the 1730s. At the time, only men could hold that position, so the paper listed her son, Peter, on its masthead.

42 / 50

Isabel Benham

Isabel Benham is considered to be one of the first female partners at a financial firm on Wall Street, RW Pressprich & Co. She built a reputation as one of the industry’s top railway analysts.

43 / 50

Mary Winston

When Mary Winston was named interim chief executive officer of Bed Bath & Beyond, she was only the second Black woman in history to lead a Fortune 500 company. She had previously held leadership positions at Family Dollar Stores, Scholastic, and Pfizer, among other major corporations.

46 / 50

Juanita Kreps

Juanita Kreps became the first woman to direct the New York Stock Exchange in 1972. She also held leadership roles at several other household-name companies, including Citicorp, JCPenney, and AT&T.

48 / 50

Martha Stewart

Martha Stewart turned the art of homemaking into a series of impressive businesses that allowed her to become the nation’s first self-made woman billionaire. Her businesses include a magazine, home goods, TV shows, and books.