Lazarus Makes The Grade

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“I’m not going to go there,” laughs Shelly Lazarus when asked whether she considers herself the Carly Fiorina of advertising.

For the fifth year in a row, Lazarus, Ogilvy & Mather’s president and CEO, has made Fortune’s list of the 50 most powerful women in business. Fiorina, chairman and CEO of Hewlett-Packard, has topped the list since its inception in 1998. Martha Stewart, the unlucky No. 13 in 2001, tumbled off the list entirely this year.

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