Most Powerful Women International

A bevy of newcomers joins the ranks of the most powerful women in business based outside the U.S.

- Eamon Barrett, Katherine Dunn, Erika Fry, Hadley Hitson, Polina Marinova, Rey Mashayekhi, McKenna Moore, Sy Mukherjee, Natallie Rocha, Anne Sraders, and Claire Zillman

YOU STILL HAVE to squint to spot the women leading large global businesses. In 2019, female executives helmed just 14 of the world’s 500 largest companies— and that was actually an improvement over the previous year when there were only 12. But zooming out—as Fortune does each year with this list—at women in powerful jobs across the international landscape (outside the U.S.), there’s reason to think there’s bigger change afoot.