Record number of women CEOs on this year's Fortune 500 list, Amazon moves to No. 2 spot

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Record number of women CEOs on this year's Fortune 500 list, Amazon moves to No. 2 spot
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Women leaders account for 7.4% of Fortune 500 companies. Of the 37, only three are women of color.

While this a significant improvement from 2010 -- when there were only 15 women CEOs on the list, or even 2018 when there were 24 -- many were quick to point out that the data still indicates there is a long way to go when it comes to achieving gender equity in the C-suite.An Amazon distribution center, April 25, 2020, in North Las Vegas, Nevada.

Amazon's rise does not yet take into account its pandemic profits, when the e-commerce giant saw skyrocketing demand while most brick-and-mortar businesses were forced to close to stop the spread of COVID-19. "Consumers still want their stuff and nobody is more better equipped to get them stuff than Amazon," he said.

When Amazon first made the list in 2002, it was No. 492. Since then its market value has spiked more than 22,000%, according to Fortune.

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