Carla Cico

DEFINITION of 'Carla Cico'

A former CEO of Brasil Telecom and the first women to serve as CEO of a telecomunications company in Brazil. She cut costs, increased revenue and sales, and helped the company achieve recognition for its sound corporate governance. She also implemented a summer internship program to help the company attract top-notch managers and promoted quality-of-life initiatives for employees.

BREAKING DOWN 'Carla Cico'

Born in 1961 in Italy, Cico began her career with Italtel in 1987, then worked for IRI and Stet International before joining Brasil Telecom as its CEO in 2001. She earned her MBA from the London School of Business and her Master of Science in engineering from the University of London. Fortune magazine has named her to its list of the 50 Most Powerful Women in International Business and Forbes magazine named her to its list of the 100 Most Powerful Women.

RELATED TERMS
  1. Ann S. Moore

    Has served as the chairman and CEO of magazine company Time, ...
  2. Marissa Mayer

    Marissa Mayer, best known for unexpectedly being named CEO of ...
  3. Continuing Care Retirement Community

    A residential facility providing meals, healthcare and social ...
  4. Women Leaders Round Table - WLRT

    The first recorded organization for women in the insurance industry. ...
  5. Telecom ETF

    An exchange-traded fund that invests in companies with a significant ...
  6. Line Of Business Limitations

    A federal income tax rule applied to fringe benefits that employers ...
Related Articles
  1. Markets

    7 Outstanding Female Investors

    Here are seven women who outperform their male counterparts in the business world.
  2. Insights

    5 Women Executives Who Are Shattering the Glass Ceiling (JPM, GM)

    Learn how these five women have successfully climbed to the top of the business world and are playing a large role in shattering the glass ceiling.
  3. Managing Wealth

    Career Lessons From Christine Lagarde

    Christine Lagarde is undoubtedly one of the most powerful women in the world.
  4. Financial Advisor

    Top Tips for Would-Be Women Advisors

    Relatively few women seek a career as a financial advisor. Here's what aspiring and current advisors can do to popularize the profession.
  5. Financial Advisor

    Why Women FAs Prefer Some Indie Brokers

    Here's what some firms are doing right when it comes to recruiting and retaining female advisors.
  6. Investing

    The 10 Richest Women In Finance

    Who are the top 10 women in the financial industry?
  7. Financial Advisor

    Do Women Need ‘Women-Focused’ Financial Advisors?

    Their life experiences are different from men’s – and their earnings tend to be lower – but does that mean women should be treated differently?
  8. Retirement

    Top Retirement Saving Tips For Women

    Women face some unique challenges when it comes to saving for retirement.
  9. Financial Advisor

    The Financial Advisory Business: More Women Wanted

    It's no secret that women are underrepresented in the financial advisory business. Here are some reasons why and what's being done about it.
  10. Financial Advisor

    Why Are So Few Women in Finance? It's Complicated

    The number of women entering the finance world continues to decline for a variety of reasons but a game-changing new nonprofit challenges the status quo.
RELATED FAQS
  1. After fully contributing up to allowable limits in a company sponsored 401k, can ...

    My daughter just inherited some life insurance in a lump sum ($50,000). She contributes 25% of her paycheck to a workplace ... Read Answer >>
  2. Can my wife collect spousal benefits while deferring hers?

    I'm 73 and started collecting SS benefits at age 62 1/2, my wife is 63 and not collecting benefits... Read Answer >>
  3. Why is my friend's account drastically losing value?

    A friend recently complained that her one million plus account has lost $100,000 over the last year. Each month she takes ... Read Answer >>
  4. Should my mother roll her IRA into a fixed annuity?

    My 88 year old mother has an IRA account of roughly $200K. She is being advised to roll it into a fixed annuity.  ... Read Answer >>
  5. What is the best way to disburse funds from a trust and how should we handle the ...

    My daughter is a trust beneficiary. The trustees attorney keeps asking her how she wants her money disbursed - cash or account ... Read Answer >>
  6. Will my wife's spousal benefit be reduced if she files at age 63?

    My wife and I are both 63 and retired. We are living well on my pension and a 3% draw on my IRA. She is interested in drawing ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center