Adena Friedman Named To Fortune’s 2021 List Of Most Powerful Women | The Salesmark

Adena Friedman Named To Fortune’s 2021 List Of Most Powerful Women

Adena Friedman Named To Fortune’s 2021 List Of Most Powerful Women

For the first time, Nasdaq President and Chief Executive Officer Adena Friedman was named to Fortune’s list of the Most Powerful Women in recognition of her leadership during a transformative and challenging year, in which Nasdaq delivered strong revenue growth amid a global pandemic while also advancing boardroom diversity.

“Nasdaq has long had influence far beyond its size; the company’s technology powers 130 global markets, and revenue was up 32 percent to $5.6 billion in 2020,” Fortune wrote. “But in 2021, the stock exchange became an even more powerful player when it won Securities and Exchange Commission approval for a groundbreaking board diversity proposal.”

The board diversity rule establishes a standardized disclosure framework to enhance transparency on board diversity and provides a recommended board diversity objective that companies can choose to meet or explain their reasons for not doing so, and their explanation could offer an alternative approach. 

Under Friedman’s leadership, Nasdaq has also grown as a global technology company, with critical investments in data and analytics, as well anti-financial crime technology. Regarding the latter, this year, Nasdaq completed its acquisition of Verafin, an industry pioneer in anti-financial crime management solutions.

“At Nasdaq, we believe that fair, secure, and transparent markets are vital to creating strong economies that move the world forward,” said Friedman.

For Fortune’s 2021 list of Most Powerful Women, Friedman joins an esteemed cadre of leaders, many of whom are from Nasdaq-listed companies, including Match Group CEO Shar Dubey, Starbucks board member Mellody Hobson, Netflix Head of Global TV Bela Bajaria, Advanced Micro Devices CEO Lisa Su, Microsoft CFO Amy Hood and Alphabet CFO Ruth Porat, among others. Fortune used five criteria to determine this year’s list, including the size and importance of the executive’s business in the global economy, the health and direction of the business, the arc of her career, her social and cultural influence, and how she’s wielding her power to shape her company and the wider world.

This honor builds upon Friedman’s recognition by Fortune magazine as one of the World’s Greatest Leaders and Barron’s as one of the Top 30 CEOs of 2021. It also comes after Nasdaq was named to the Fortune 500 list of America’s largest companies by revenue, joining an esteemed list of public and private companies whose combined revenue represented two-thirds of the U.S. economy in 2020. 

Next week, Friedman will speak at Fortune’s Most Powerful Women Summit, which gathers the most prominent women in the Fortune 500 and leading female founders, as well as leaders from the world of politics, the arts, and non-governmental organizations.

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