Good morning, Broadsheet readers! CVS plans to cut 5,000 jobs, Henrietta Lacks gets some justice, and female CEOs run a record high 5.8% of Global 500 businesses. Have a wonderful Wednesday!
-Going global. Fortune's Global 500 ranks the 500 largest companies in the world by revenue—an even more challenging cohort to become a part of than the well-known Fortune 500, which only includes U.S. businesses. The smallest company on the Global 500 has revenues of $30.9 billion, compared to $7.2 billion for the Fortune 500.
On the new edition of the Global 500 out today, 29 of the 500 businesses are led by female CEOs. That's up 20% from last year's 24 female chief executives, for a total share of 5.8%. The Global 500 trails the Fortune 500, where women now run 10.4% of businesses.
View this interactive chart on Fortune.com
Some CEOs appear on both the Fortune 500 and the Global 500 lists. The largest Global 500 company led by a woman is Karen Lynch's CVS Health—the same as for the U.S. list. Other familiar faces like General Motors' Mary Barra and Citigroup's Jane Fraser also pull double duty.
But the Global 500 also shines a spotlight on international women-led companies that often don't get as much attention in the American business press. There are nine new members of that cohort this year. They include Sandy Ran Xu, who was promoted to CEO of JD.com in May; Tarciana Paula Gomes Medeiros, who was promoted to president of Banco de Brasil in January; new Vodafone boss Margherita Della Valle; and two oil and gas industry leaders whose companies are new to the list, Korea Gas's Yeon-Hye Choi and Annie J. Krist of the Netherlands' GasTerra.
Some returning international names include Jessica Tan, co-CEO of the Chinese insurer Ping An, and Julie Sweet, who heads Accenture, which is officially based in Dublin.
Two women-led businesses—the British insurer Aviva, led by Amanda Blanc, and the Chinese manufacturer Gree Electric, led by Dong Mingzhu—fell off the Global 500 this year. A past Global 500 chief, Martina Merz, left her role as the leader of the German engineering business ThyssenKrupp in April.
As with the Fortune 500, the Global 500 provides a snapshot of the business universe. Among the world's largest firms—and in regions outside the U.S.—women are still wildly underrepresented in leadership roles.
See the full list of female Global 500 chiefs here:
View this interactive chart on Fortune.com
Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe
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