Up-and-coming global executives
(CNN) -- Few of the following business executives are famous -- yet.
That's part of the reason TIME and CNN have chosen these particular young executives as the 2002 Global Business Influentials. Selected from more than 100 nominees named by TIME correspondents around the world, each of these up-and-coming business leaders has accomplished something this year that transcended borders.
All are regarded as leaders in their industries but more accomplishments may lie ahead in their careers. Hailing from a variety of countries, these 18 executives share a sense that the world is their market -- and their home.
Carla Cico
Telecom is a tough business anywhere these days, especially in Brazil, one of several Latin American nations struggling through tough economic times. But Carla Cico, the 41-year-old president and CEO of Brasil Telecom has more than proved she's up to the task.
Born in Italy, fluent in Mandarin Chinese as well as Portuguese, Cico quickly put her stamp on the formerly state-owned company (now listed on the New York Stock Exchange), which is Brazil's third largest telecom company.
Cico has helped boost Brasil Telecom's revenues a remarkable 65 percent since 2000 by bolstering profits and cutting labor and other costs throughout the company. Fortune magazine ranked her the 37th most powerful woman in international business in 2002. (More from TIME)
Herbert Demel
Dr. Herbert Demel is no stranger to the automotive circuit.
After making a name for himself in the 1990s at Audi, serving as head of development and later chairman of the management board, Demel took over Volkswagen do Brasil in 1997. In five years there, he turned around the unit's operations, making Volkswagen one of Brazil's top auto exporters despite difficult economic conditions.
This fall, Demel went back to automotive basics -- car parts -- by becoming CEO and president of Magna Steyr, one of the world's biggest makers of auto parts and automotive assemblers. (More from TIME)
Clara Furse
Clara Furse has rattled the old boys' network in England, implementing major reforms since becoming the first woman to head the London Stock Exchange in its storied 228-year history.
Fluent in five languages, born in Canada and of Dutch descent, Furse established herself as a financial derivatives specialist in London over 20 years.
She has overhauled the LSE since taking over in February 2001. The stock exchange is no longer run as a mutual (owned by stockbrokers for their benefit), but is instead a listed company, owned and controlled by shareholders.
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