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Ursula Burns started as an intern at Xerox in 1980, no doubt, making lots of copies along the way to what could be a historic moment. Burns is in line to become the first African American woman CEO of a Fortune 500 Company.
This year, Burns became President of Xerox and was again named as one of the 50 Most Powerful Women in Business by Fortune Magazine.
Burns' No. 11 ranking has dropped her closer to Oprah Winfrey, who's Harpo Productions Inc. gives her a lot of muscle on the list at No. 8.
Burns has been credited with saving Xerox, a nearly 70-year-old company, from bankruptcy. And last year net income at Xerox grew more than 20 percent at the business known for copies, thanks to Burns and her team. According to Fortune, the $16 billion company's credit was upgraded to investment-grade from junk status.
She grew up in a tenement house in New York City, Burns told Fortune last year, and her mother ironed shirts and "did whatever the hell she needed to keep us all going." Today, Burns is a wife and mother of two teenagers and turning around a very big company.
Other ladies who keep some of America's top countries running to make the list: Meg Whitman, President and CEO of eBay and top female leaders from Avon Products, Kraft Foods and from McDonalds to Morgan Stanley.
But Burns is not the only black CEO in the business world. There were 11 CEOs and 13 presidents in Black Enterprise magazine's top 50 last year, and there are many more who didn't make the Fortune list.
At least three men, since 1999, have also risen to the rank of CEOs of Fortune 50 companies as well.
