As the global business landscape undergoes a period of profound transformation—fueled by the rapid integration of artificial intelligence, shifting geopolitical realities, and an urgent mandate for sustainable growth—the role of leadership has never been more critical. In recognition of the women navigating this complex terrain, CNBC has officially opened nominations for its fourth annual Changemakers list. This initiative is not merely an accolade; it is a diagnostic tool for the future of commerce and philanthropy. By identifying women who are expanding the boundaries of influence, innovation, and impact, CNBC seeks to chart the progress of female leadership across the world’s most consequential organizations. Main Facts: Defining the 2027 Cohort The 2027 CNBC Changemakers list aims to highlight executives who have demonstrated exceptional control over capital, strategy, and technology. As industries pivot toward digital-first models and ESG-conscious operations, the list serves to spotlight those who are moving beyond incremental improvement to achieve fundamental structural change. The Criteria for Consideration To ensure the list reflects organizations with significant economic weight, CNBC has established rigorous eligibility thresholds. Nominees must be leaders within organizations that meet the following financial benchmarks: Revenue Requirement: Annual revenue of at least $25 million in at least one of the past three fiscal years. Enterprise Valuation (Private): A minimum enterprise value of $100 million. Enterprise Valuation (Public): A minimum enterprise value of $250 million. These constraints ensure that the honorees are operating at a scale where their decisions influence market trends, workforce demographics, and regional economic stability. The Submission Timeline The window for nominations is now open, with a strict deadline of Friday, December 4, at 11:59 p.m. EST. Interested parties can submit nominations via the official CNBC portal. The final cohort of honorees is scheduled for public unveiling in February 2027. Chronology: Building a Legacy of Leadership The CNBC Changemakers list was conceived as a response to a historical gap in business reporting: the under-recognition of women steering the world’s largest and most complex enterprises. 2024: The Inaugural Class. The launch of the inaugural list set the tone for the project, focusing on women who had successfully navigated the post-pandemic economic recovery and the initial surge in remote-work operational models. 2025: Expanding the Scope. The second iteration of the list placed a heavier emphasis on technological agility, acknowledging leaders who were successfully pivoting their organizations toward cloud infrastructure and early-stage AI integration. 2026: The AI Inflection Point. Last year’s list emphasized "influence and impact," identifying women who were not just adopting new technologies, but defining the ethical and strategic frameworks under which those technologies operate. 2027: The Current Mandate. As we look toward the 2027 announcement, the focus has shifted toward the "Age of AI." The current search seeks women who are not just managing the current transition but are actively shaping the future of global industries through innovation and strategic foresight. Supporting Data: The Economic Argument for Diversity The necessity of the Changemakers list is backed by a growing body of research suggesting that leadership diversity is a direct correlate to financial outperformance. According to data compiled by various institutional investors and management consultancies over the past decade, firms with higher levels of gender diversity in executive suites are statistically more likely to outperform their peers in profitability. Specifically, organizations in the top quartile for gender diversity on executive teams are significantly more likely to achieve above-average profitability than those in the bottom quartile. The CNBC Changemakers list provides a tangible dataset for this trend. By tracking the career trajectories of these leaders, the initiative highlights how: Capital Allocation: Honorees often oversee multi-million-dollar budgets, making their decisions pivotal to shareholder returns. Strategic Innovation: The list prioritizes leaders who have successfully executed "novel approaches to old business problems," such as supply chain resilience, talent retention, and customer experience optimization. Technological Integration: The 2027 cycle specifically looks for leaders who have integrated artificial intelligence in ways that create measurable value, rather than mere efficiency. The Advisory Board: A Standard of Excellence To maintain the integrity and relevance of the selection process, CNBC relies on the CNBC Changemakers Advisory Board. This group consists of seasoned leaders, venture capitalists, and industry veterans who provide the necessary oversight to ensure the list remains both inclusive and high-impact. The Board acts as a safeguard against biases, helping to identify candidates who may be working in less publicized industries but who are nonetheless achieving monumental shifts in their respective fields. By lending their expertise, these advisors help determine the weight of the criteria used, ensuring that the list evolves alongside the global economy. Returning members of the board bring continuity to the selection process, while new members ensure that the criteria remain relevant to the latest trends, such as the decentralization of work, the ethics of AI, and the transition to green energy. Implications: The Future of Global Business The ripple effects of the Changemakers list are felt throughout the corporate world. For the honorees, the designation provides a platform for mentorship and increased visibility, often leading to board appointments and invitations to speak at high-level economic forums. Redefining Leadership Perhaps the most significant implication of this project is its influence on the definition of "leadership." The women featured on the list are not merely managing legacy systems; they are dismantling them. From redefining the corporate culture in the AI era to pioneering new models of philanthropy that operate with the efficiency of a venture capital firm, these leaders are setting the new standard for executive excellence. The Role of the Podcast Complementing the written list, the CNBC Changemakers podcast—hosted by Julia Boorstin—serves as an ongoing masterclass in executive leadership. By diving deep into the challenges faced by these women, the podcast offers an auditory narrative to the data provided by the list. It captures the nuance of leadership: how one navigates a board crisis, how one scales a startup, and how one maintains a vision when technology threatens to disrupt the very foundation of their industry. Call to Action The 2027 Changemakers list is an invitation to participate in the documentation of history. By nominating women who are currently setting the pace for global industry, stakeholders, employees, and peers can ensure that the narrative of business leadership remains accurate, inclusive, and forward-looking. If you know a leader who is currently redefining her industry, navigating complex technological shifts, or driving significant financial impact, the opportunity to nominate is open until December 4, 2026. Submit your nomination today at changemakersnominations.cnbc.com. The future of business is being written by those who dare to innovate. As CNBC prepares to unveil the 2027 Changemakers, the spotlight remains firmly on the women who are not just participating in the global economy—they are leading it. Post navigation The Dimon Succession: JPMorgan Chase Reshapes Leadership as Long-Time Contenders Emerge The Era of Super Intelligence: Trump Mandates Rebrand Amidst Mounting Public Skepticism