Fortune's writeup from 1998: The yank running this venerable British media conglomerate--home to the Financial Times, The Economist, Penguin Putnam books, and TV's Baywatch--is making some brash moves: She's buying Simon & Schuster's educational publishing unit, which will make Pearson the world's largest in that field. Combined revenues total $5.3 billion; about 60% of that comes from the U.S. *Scardino is the only International MPW on this allstar list, as her first appearance was on Fortune's domestic Most Powerful Women in Business list.
This year's Most Powerful Women are shaping the future of technology, defense, and media.
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