Trudy Rautio

Title: CEO, Carlson

Why selected: Rautio took over at the travel and hospitality conglomerate when CEO Hubert Joly resigned in 2012 to run Best Buy. Rautio's challenge was navigating Carlson through a choppy economy in industries hit hard by recession.

What happened: Carlson held its own in 2013 and likely will match 2012 results. Bright spots include its Radisson Blu entry into the upscale hotel market and TGI Fridays restaurants, which the company may sell.

David Phelps