Mary Barra, the CEO of General Motors, has seen her ranking slip in a recent list of the world's most powerful women in business. After two consecutive years at the top spot, Barra has been surpassed by Citigroup CEO Jane Fraser, marking a significant shift in the corporate landscape. As Barra approaches the 12-year milestone of her tenure as GM CEO, questions are being raised about her leadership and the company's performance under her guidance. Will this new ranking signal a change in the automotive industry's power dynamics, or is this a temporary setback for Barra's legacy?
Barra, 12 years into her tenure as GM CEO, ranked behind Citigroup CEO Jane Fraser after two consecutive years at No. 1.
