Oprah falls to 50th on Fortune's '50 Most Powerful Women' list

Thursday, September 20, 2012

Fortune magazine has come out with its 2012 list of the 50 Most Powerful Women in Business.

Ginny Rometty, the president and CEO of IBM, holds the coveted No. 1 spot.

Indra Nooyi, the chair and CEO of PepsiCo, maintained her second place ranking from last year.

Hewlett-Packard president and CEO Meg Whitman rose to the third position.

One noticeable drop: Oprah Winfrey, who held the 16th spot last year, plummeted to 50th this year.

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