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Shelly Lazarus of Ogilvy & Mather is the sole ad-industry representative on Forbes’ newly released list of the world’s 100 most powerful women. Lazarus comes in at No. 78, just three spots behind Queen Elizabeth II of England. Condoleezza Rice tops the list. Client-side executives in the top 10 are Meg Whitman of eBay (No. 5), Anne Mulcahy of Xerox (No. 6), Sallie Krawcheck of Citigroup (No. 7) and Brenda Barnes of Sara Lee (No.

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