Fortune Ranks Smeal Grad Sixth Most Powerful Woman In Business
Fortune magazine has named Smeal College of Business alumna Patricia Woertz as one of the most powerful women in business for the seventh year in a row. Woertz, executive vice president of Chevron's Global Downstream division, is ranked sixth on the magazine's list.
Fortune Ranks Smeal Grad Sixth Most Powerful Woman In Business
UNIVERSITY PARK, PA (November 9, 2005)—Fortune magazine has named Smeal College of Business alumna Patricia Woertz as one of the most powerful women in business for the seventh year in a row. Woertz, executive vice president of Chevron's Global Downstream division, is ranked sixth on the magazine's list.
Global Downstream is responsible for Chevron's international refining, marketing, lubricants, and supply and trading businesses. Under the leadership of Woertz, the division's profits reached $3.2 billion in 2004, according to Fortune.
Smeal honored Woertz as a distinguished alumna earlier this year and the Penn State Alumni Association named her an Alumni Fellow in 2002. She has remained active in the college and University since earning her bachelor's degree in accounting from Smeal in 1974, including delivering the fall 2003 commencement address for Penn State.
Woertz currently serves on the Board of Directors of the American Petroleum Institute, the Board of Trustees of the University of San Diego in California, and on Smeal's Board of Visitors.
Woertz's ranking on the Fortune list was based on four criteria: the size and importance of her business in the global economy, her clout inside her company, the trajectory of her career, and her cultural and social influence.
REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu.
Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the Center for Digital Transformation, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.
