Hip Hop Artist Jay-Z and singer Beyonce during The 59th GRAMMY Awards at STAPLES Center on February 12, 2017 in Los Angeles, California.

Hip Hop Artist Jay-Z and singer Beyonce during The 59th GRAMMY Awards at STAPLES Center on February 12, 2017 in Los Angeles, California.

*Beyoncé Knowles Carter, CEO of Parkwood Entertainment, has a spot on Black Enterprise magazine’s new list of The Most Powerful Women in Business, as featured in the publication’s January/February 2017 issue.

The final roster was culled from thousands of potential candidates across numerous industries, including the finance, pharmaceutical, and retail sectors. Joining Beyonce among the African American businesswomen making the cut: Debbie Roberts, president, East Zone, McDonald’s USA; Channing Dungey, President, ABC Entertainment, Walt Disney Co.; Lisa Borders, President, WNBA; and Bozoma Saint John, Head of Global Marketing, Apple Music, Apple Inc.

Global Marketing Executive for Apple Music and iTunes Bozoma Saint John at Essence Black Women in Hollywood Awards at the Beverly Wilshire Four Seasons Hotel on February 23, 2017 in Beverly Hills, California.

Global Marketing Executive for Apple Music and iTunes Bozoma Saint John at Essence Black Women in Hollywood Awards at the Beverly Wilshire Four Seasons Hotel on February 23, 2017 in Beverly Hills, California.

The execs chosen have authority over budgets totaling billions of dollars and control subsidiaries, divisions, or departments that affect the fiscal health and direction of their businesses.

“You could not find a better example of women of power than the female executives represented in this issue. Our editorial team developed this list to not only celebrate the black female business elite,” said Black Enterprise President and CEO Earl “Butch” Graves Jr. “But to demonstrate that it requires unparalleled expertise and resilience to break through barriers that female executives continue to face today.”

In compiling this year’s list, BE’s research team conducted in-depth research; scoured our Most Powerful Executives in Corporate America, Leading Women in Marketing and Advertising, 75 Most Powerful Women in Business, The B.E. Corporate Directors registry, and the BE 100s listings; consulted associations; and reviewed a great number of bios and résumés.

The full list of the 2017 Black Enterprise Most Powerful Women in Business can be found on www.blackenterprise.com.