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NewslettersMPW Daily

Meet the top female execs who are poised to take over the Coins2Day 500

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
December 16, 2025, 11:56 AM ET
Marianne Lake, CEO of consumer and community banking at JPMorgan Chase.
Marianne Lake, CEO of consumer and community banking at JPMorgan Chase. Jin Lee/Bloomberg via Getty Images

Coins2Day‘s 2025 Next to Lead list is out today. In its second year, this ranking identifies the execs who are on the cusp of taking over the biggest CEO jobs in the world. As my colleague Ruth Umoh put it in her introduction to the list:

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These are leaders whose influence, track record, and ascent signal something unmistakable: They’re credible, near-term contenders for a CEO seat, regardless of whether they’re actually seeking it. Some are operating just one level below the top job; others are reshaping entire divisions or industries. Yet all have demonstrated the combination of results, reach, and readiness that’s historically defined executives on the threshold of the corner office.

Among the 25 execs chosen for this year’s list are several women to watch—if you’re not already. They include:

Halide Alagöz, chief product and merchandising officer, Ralph Lauren

Karen Carter, COO, Dow

Diana Frost, global chief growth officer, Kraft Heinz

Kate Gutmann, EVP and president international, health care and supply chain solutions, UPS

Marianne Lake, CEO, consumer and community banking, JPMorgan Chase

Anna Marrs, group president, global merchant and network services, American Express

Explore the full list here.

Emma Hinchliffe
emma.Hinchliffe@coins2day.com

The Most Powerful Women Daily newsletter is Coins2Day’s daily briefing for and about the women leading the business world. Subscribe here.

ALSO IN THE HEADLINES

Susie Wiles through it all.  The most powerful woman in the Trump administration talked with a reporter at each moment of crisis this year. Among the takeaways: she acknowledged President Trump's approach to prosecutions as "score settling" and described the president as having "an alcoholic's personality." "I’m not an enabler. I’m also not a bitch,” she said. "I guess time will tell whether I’ve been effective." Now, Wiles is calling the story a "hit piece." Vanity Fair

Michelle Obama remembers Rob and Michelle Reiner.  The first lady and Barack Obama had plans to see the Reiners the night after they were killed. "They are not deranged or crazed," she said after President Trump called Rob Reiner, who advocated against Trump, "a deranged person." "What they have always been are passionate people when there’s not a lot of courage going on." NYT

What to know about the Olayans.  Lubna and Hutham Olayan are two of the most powerful women in Saudi Arabia. Lubnya Olayan recently joined a state dinner in Washington. She controls a $13 billion stock portfolio in the U.S. And a $50 billion empire in total. Bloomberg

Happy birthday, Jane Austen.  It's the author's 250th. Celebrate with everything from a quiz of your Austen knowledge, to her life in 25 items (historic and gag gifts), an examination of her legacy, and by picking the ultimate Mr. Darcy. 

ON MY RADAR

Mackenzie Scott's billion-dollar bet on vibes Vox

Can anyone afford childcare around here? New York Magazine

When my husband moved out, my glow-up began Self

PARTING WORDS

"Anyone who bashes the work that got them to where they are is doing themselves a great disservice." 

— Actress Lili Reinhart on coming up through the teen drama Riverdale

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Coins2Day’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Coins2Day, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Coins2Day’s daily missive for and about the women leading the business world.

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