17 who fell off the list

Power is hard to get - and tough to hang on to. More than half of the CEOs who made the top 25 in 2003 did not make the cut this year.

Michael Dell
Michael Dell
2003 rank: 8
Company: Dell
Market position and share price are both slumping; Dell is having difficulty against a resurgent Hewlett-Packard.

Sandy Weill

Lee Raymond

Michael Dell

Hank Greenberg

Bill Gross

Hank McKinnell

Franklin Raines

Sam Palmisano

Craig Barrett

Sumner Redstone

Ivan Seidenberg

Carly Fiorina

Stan O'Neal

Henry Paulson

Brian Roberts

Dick Parsons

Rick Wagoner
Business's Power 25 Fortune's subjective - yet really quite accurate - list of the most powerful businesspeople in the world. (more)
5 in power positions Who's in the right place at the right time? (more)
3 powerful game changers These industry leaders are changing the way business does business. (more)

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