FORTUNE's annual ranking of America's leading businesswomen
Sly Bailey Rank: 33 (2004 rank: 23)
Company: Trinity Mirror Based in: Britain Title: CEO
The past 18 months haven't been easy for Bailey. First she had to fire the editor of the Mirror, her flagship paper, after he published faked photos of British soldiers torturing Iraqis. Then advertising and readership began to dip. But by ruthlessly cutting costs, Bailey managed to eke out an 8% gain in profits, as revenues rose just 1.2%, to slightly more than $1 billion, in the first half of 2005. With the ad market showing few signs of improvement, expect Bailey, 43, to keep the heat on.
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.
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.
