Ma'or, Strauss in Fortune 50 list

Leumi CEO, Strauss-Elite head among 50 strongest businesswomen outside US.

October 5, 2006 12:35
1 minute read.

Bank Leumi CEO Galia Ma'or and Strauss-Elite Chairwoman Ofra Strauss are among the 50 most powerful women in business outside the United States, according to a new rating published by Fortune magazine. The magazine, which ranked the 62-year-old Ma'or in slot 32, cited Leumi's "exemplary results and record net profits of $464 million, with assets growing to $63 billion." It also mentioned Ma'or's "leading role in the government's effort to help small businesses and farms in Israel's war-torn north from defaulting on loans and undermining Leumi's balance sheet." The 42-year-old Strauss is 47th on the list. According to the magazine, "Strauss added Brazil's Cafe Santa Clara to her $930 million company's operations, making her head of the seventh-largest coffee seller in the world." "The former Estee Lauder marketing exec," it said, "has also secured a foothold in the US by acquiring Sabra, a salad company, and launching a premium chocolate brand, Max Brenner, in New York City." Excluded from the list is Bank Hapoalim majority shareholder Sheri Arison, whose assets are estimated at over $5 billion. The world's most powerful women, including the US, is the CEO of PepsiCo, Indra Nooyi, followed by Anne Mulcahy, CEO and Chairman of Xerox, and Meg Whitman, CEO and President of eBay.

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