Photos: Taylor Swift, Nicki Minaj, Katie Couric, Julie Greenwald, More at Billboard's Women in Music Ceremony
Photos: Taylor Swift, Nicki Minaj, Katie Couric, Julie Greenwald, More at Billboard's Women in Music Ceremony

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At Billboard's Woman of the Year Ceremony in New York on Friday, Taylor Swift was honored as Woman of the Year and Nicki Minaj as Rising Star, and the list of executives honored was topped by Atlantic Records Group Chairman/CEO Julie Greenwald, who appeared alongside boss Lyor Cohen, CEO of Warner Music.

Taylor Swift, Nicki Minaj, 41 Execs Honored at Billboard's 2011 Women in Music Ceremony

Billboard editorial director Bill Werde said he has been repeatedly asked why Billboard still ranks its Women In Music honorees, which was expanded from 30 to 40 (actually 41, due to a tie) thisyear. "We believe in taking an editorial stance to keep the industry striving to work harder," he said.

Read about all 41 of Billboard's Women in Music executive honorees

Here are photos of Swift, Minaj and many of the honorees, who came together at Capitale on Friday afternoon for a truly memorable event that included Swift's Q&A session with Katie Couric, Minaj's with Robin Roberts and much more.

Billboard's 2011 Women In Music -- All Our Coverage

ALL PHOTOS BY MICHAEL SETO

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The Women In Music honorees pose together with their awards.

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Woman of the Year Taylor Swift and Rising Star Nicki Minaj.

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Rising Star recipient Nicki Minaj on the Women In Music red carpet.

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Rising Star Nicki Minaj in the audience at Billboard's Women In Music event.

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Taylor Swift speaks at the Women In Music event, where she was named Woman of the Year.

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Emily Evans of Swift's management group (left), Taylor Swift and her dad.

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Billboard's top Woman In Music, Julie Greenwald, with her award.

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Taylor Swift (left) during her Q&A with Katie Couric. Taylor said that as a young unknown artist she'd always dreamed of being featured in Billboard, "And today I walked in to flashing camera bulbs and all these important people in music, and I thought, 'I guess that's what it looks like.'"

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Swift with Couric.

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Katie Couric and Nicki Minaj pose for a photo at the Women In Music event.

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Nicki Minaj was tearing up at the podium as she accepted her Rising Star award.

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Nicki Minaj is interviewed by Robin Roberts.

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Women In Music honoree Sharon Dastur, PD of WHTZ Clear Channel Radio.

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Taylor Swift and her dad take a look at Billboard.

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L-R: Women In Music honorees Livia Tortella, Warner Brothers Records COO, and Andrea Ganis, Atlantic Records Executive VP.

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Billboard Editorial Director Bill Werde with Taylor Swift.

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Billboard Editor Danyel Smith (left) with Mona Scott.

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Women In Music honorees Maimie Coleman (left of center) and Shannon Connolly (right).