With 11 newcomers - several of them American expats gone to Europe - our list of the most powerful women in global business demonstrates their rise in male-dominated fields, from nuclear energy to mining to oil. |  |  |  | 4 of 50 | 4. Patricia Russo CEO
Alcatel-Lucent Country: France
2006 rank: 1
Russo has had a tough year trying to navigate the telecom industry. Since completing the merger of telecom-gear makers Alcatel and Lucent in 2006, Russo has issued three profit warnings because of weak sales. The 55-year-old, who has homes in her native New Jersey and Paris, continues to make cuts. The combined company made $738 million on $26 billion in revenue in fiscal 2006.
|  Women have come a long way (don't say 'baby') - and they're not slowing down. The credentials of the women on Fortune's list this year are the strongest yet. ( more)  Which corporate women raked it in last year - and how much did they earn? ( more)  See how male executives' paychecks compare. ( more) |
