Enterprise CEO Makes Fortune’s List of 50 Most Powerful Women, Again
Enterprise is privately held so Pamela Nicholson isn’t out there making headline every day, but she is indeed powerful and runs the largest car rental firm in the U.S.
Pamela Nicholson, who became the first chief executive of Enterprise Holdings from outside the family of founder Jack Taylor this year, has moved up several notches on Fortune magazine’s list of America’s 50 most powerful women in business.
Nicholson ranks No. 22 on the list, up eight spots from last year. It’s the seventh consecutive year Nicholson, president and CEO of Clayton-based Enterprise, has been included on the publication’s list. She’s the only Missouri-based executive on Fortune’s list.
The magazine noted Nicholson’s oversight of acquisitions at Enterprise and the company’s expansion at airports while she was chief operating officer.
The top spot is held by Ginni Rometty, chairman, president and CEO of IBM. The criteria for making the list includes the “size and importance of the woman’s business in the global economy, the health and direction of the business, the arc of the woman’s career (resume and runway ahead), and social and cultural influence,” according to Fortune.
Nicholson joined Enterprise 32 years ago as a management trainee. The company, which operates Enterprise Rent-A-Car, Alamo Rent A Car and National Car Rental, had $16.4 billion in revenue in fiscal 2013, including Enterprise Fleet Management operations. Enterprise Fleet Management spun off from Enterprise Holdings in 2011. ___