The former deputy managing editor of the Wall Street Journal, Lipman was editor-in-chief of the monthly business magazine Condé Nast Portfolio until it was shut down in April 2009.

A New Jersey native, Lipman started as an intern at the Wall Street Journal while she did her undergrad at Yale and joined the paper full-time in 1983. At the WSJ for decades, she created and wrote its daily advertising column and by 1992 was the Page One editor. Additionally, she founded the popular "Weekend Journal" section in Friday's WSJ, and after serving as editor-in-chief from 1998-2000, she was named the WSJ's deputy managing editor, the first woman to hold the post with the publication. She continued to come up with even more innovative ideas, such as the paper's "Personal Journal" section, and by 2005, Condé Nast picked her up to create the Condé Nast Portfolio and Portfolio.com. Although the magazine only survived for twenty-one issues, Portfolio.com lives on, but these days, Lipman spends most of her time on advisory boards for Yale, Breastcancer.org, the Pulitzer Prize, and the National Magazine Awards. [Image via AP]