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How Past Female CEOs of Fortune 500 Companies Have Fared

As Barra takes over at GM, check out a few other top women

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Female CEOs of Fortune 500 Companies: Gracia Martore

gracia-martore-gannett-gci-female-ceosFortune 500 Company: Gannett
Became CEO: October 2011
GCI Stock Under Martore: +178% (vs. +59% for S&P 500)

This next company that’s been blowing away the broader market under the leadership of a female CEO may come as a bit of a surprise.

Everyone might be saying newspapers are dead … but media giant Gannett (GCI) has been killing it. And the woman at the top during its recent run has been Gracia Martore. Martore has worked at Gannett for almost 30 years, and was named chief executive on Oct. 6, 2011.

Since her appointment, GCI stock has nearly tripled the gains of the S&P 500 — thanks in part to its acquisition of Belo Corp, which sent shares soaring earlier this year. Plus, Gannett is expected to grow earnings by 36% next year, and by an average of 8% per year over the next half-decade.

Martore has also made the Forbes list of Most Powerful Women in Business and the broader list of Most Powerful Women, One interesting point: A Forbes profile of the female CEO describes her as having an “old-school” approach to climbing the corporate ladder.

A few of her tips? “Grow a thick skin, say goodbye to your comfort zone and marry a great man.”

Article printed from InvestorPlace Media, http://investorplace.com/2013/12/female-ceos-fortune-500-companies/.

©2017 InvestorPlace Media, LLC