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FORTUNE's Most Powerful Women in Business
FORTUNE's annual ranking of America's leading businesswomen
Ann Godbehere
Rank: 27 (2004 rank: 28)

Company: Swiss Re
Based in: Switzerland
Title: Chief Financial Officer
When the CEO of the world's second-largest reinsurance company announced he was leaving last year, Godbehere wasn't mentioned as a candidate for the job. But that shouldn't diminish the importance of the 50-year-old Canadian-born CFO at the $29 billion company. Swiss Re's net profit jumped 45% last year, and Godbehere's decision to hang on to that money rather than give in to shareholders demanding a stock buyback seems prescient as the reinsurer copes with huge payouts after hurricanes Katrina and Rita.
  
From the November 14, 2005 issue
Highest pay
These women are among the highest paid in corporate America. All of them are employed by companies with over $1 billion in sales that filed proxies by September 1, 2005.
1 Meg Whitman $29.9 million
2 Andrea Jung $22.1 million
3 (tie) Suzanne Johnson $17.5 million
3 (tie) Zoe Cruz $17.5 million
See the rest
Young and powerful
Newcomer Charlene Begley heads up GE's plastics division and is the youngest of this group at age 39. She bumped last year's youngest gun, Citigroup CFO Sallie Krawcheck, now 40. But, on average, the Power 50 are in their late 40s.
1 Charlene Begley 39
2 Sallie Krawcheck 40
3 Susan Decker 42
See the rest
Perennial powers
These women have been on the Power 50 each year since it began in 1998.
1 Oprah Winfrey Harpo
2 Andrea Jung Avon
3 Pat Russo Lucent
See the rest
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