Time Inc. appointed Lynne Biggar Executive Vice President of Consumer Marketing. Lynne had been Executive Vice President and General Manager for International Card Products and Experiences at American Express. Martha Nelson, Editor-in-Chief of Time, is stepping down. Read more in the Business Wire press release.
Oprah Winfrey is the perfect candidate for my"Top 10 Women who use their Power to help other Women" List. Oprah is one of the few women on the recent list of Forbes billionaires who made her money on her own, no inheritance. Oprah has spent her career helping others and raising awareness - from her original angel network to the millions of dollars she has given to educating girls.
No power list of women is complete without her!
Fannie Mae appointed Amy E. Alving to its Board of Directors. Amy, who holds a PhD in mechanical and aerospace engineering from Princeton, had been the Chief Technology Officer and a Senior Vice President at Science Applications International Corporation. See prnewswire.
New York Life appointed Michele G. Buck to its Board of Directors. Michele is President, North America, for The Hershey Company. New York Life is ranked #89 on the Fortune 500 List. See Business Wire press release.
ShapeUp, the social networking and incentives-based employee wellness solutions, appointed Ann Brady Chief Financial Officer. Ann had been a CFO at several healthcare and technology firms. Read more in the Business Wire press release.
Stitch Fix, the online personal shopping platform founded by Katrina Lake who is also the company's CEO, raised $12 million in Series B funding led by Benchmark. In addition, Stitch Fix hired Lisa Bougie, former general manager of emerging markets for Nike, as chief merchandising officer; Meredith Dunn, who had been with Stella & Dot, as vice president of styling and Jennifer Olsen, who had been with Crate and Barrel, as as chief marketing officer. See Business Wire.
Cirrus Logic, Inc. (Nasdaq: CRUS), the analog and digital signal processing components company, appointed Christine King to its Board of Directors. Christine is the former CEO of Standard Microsystems Corporation. See Business Wire.
Apple Inc appointed Angela Ahrendts Senior Vice President of Retail and Online Stores. Angela had been CEO of Burberry, and before that Executive Vice President at Liz Claiborne Inc. and President of Donna Karan International. Read more in the company press release.
Locket, the startup that develops ads in the lockscreen of your mobile phone co-founded by Yunha Kim, hired Charity Sabater (pictured) as Vice President of National Sales. Charity had previously been the National Sales Manager for Telemundo, an NBC company. Read more on techcrunch.com.
Groupon appointed Lisa Kennedy Vice President and General Manager of Groupon Reserve, which is Groupon's high-end channel for premium deals and experiences. Lisa had previously been Executive Vice president of E-Commerce for Quidsi, which operates Diapers.com, Soap.com and BeautyBar.com. Read more in the Business Wire press release.
Deanna Ballew, Manager of Development & Infrastructure at Widen Enterprises which creates digital media solutions, talks about women in technology. "Growing up on a small farm in Iowa, I did not have a much exposure to computer programming", says Deanna. "Once I entered college, programming intrigued and challenged me in new areas which led to a Computer Science major... After 4 years at Widen Enterprises, I realized my talent leading software developers and took on the role of managing the development, quality assurance and infrastructure teams. The collaborative team environment at the company has allowed me to grow and learn from past experiences while always looking towards the future." Here are 5 tips from Deanna for women breaking into the tech world.
AT&T Inc. (NYSE:T) appointed Beth Mooney to its Board of Directors. Beth is Chief Executive Officer of KeyCorp. AT&T is #11 on the Fortune 500 List. All Fortune 500 companies should dmake their next board appointment a woman. Read more in the company press release.
Another suggestion for our "Top 10 Women who use their Power to help other Women List" is Kay Koplovitz. Kay is the Founder of USA Network and a pioneer in cable television, and is one of the Co-Founders of Springboard Enterprises, the organization dedicated to accelerating women entrepreneurs’ access to the equity markets. Since it began in 2000, Springboard has raised nearly "$6 billion in financing, created thousands of new jobs, and generated billions of dollars in annual revenues". That's what I call HELPING OTHER WOMEN. Over 500 women entrepreneurs have participated in the Springboard Accelerators. Kay speaks regularly about how women need to stand up and be heard, and her company is there with the advice on how to do just that. Learn more:
FOX News Channel (FNC) is giving the 2pm hour time slot to Anchor Gretchen Carlson for a new show, "The Real Storywith Gretchen Carlson". The show will start Monday, September 3o, 2013. Gretchen had been Co-Host of FOX & Friends. Before joining Fox News, Gretchen had been a correspondent and co-anchor of CBS News’Saturday Early Show. Read more about Gretchen's new job in the Business Wire press release.
The Export-Import Bank of the United States appointed Claudia Slacik Chief Banking Officer and Senior Vice President for Export Finance. Claudia is the former head of the international public sector for JPMorgan's treasury services. (prnewswire)
The Home Depot, #34 in the Fortune 500, appointed Helena B. Foulkes to its Board of Directors. Helena is Executive Vice President and Chief Health Care Strategy and Marketing Officer for CVS Caremark Corporation. (prnewswire)
What is the end game for all these lists? Do they help women get ahead? While the lists are great to garner attention for the women listed which is well deserved, who are the top women that have the most impact helping other women in business? Maybe a list should not be who you think is powerful, but who uses their power to help women get ahead. And there are many who do. Leading a list of “Women who use their Power to help other Women” in my mind would be Drew Faust, President of Harvard University. Her ground breaking efforts with her faculty to help women succeed at Harvard Business School (HBS) gets to the root of the problems women face in the business world and tries to solve them. And what’s even better is that they shared their results!
What was discovered in this amazing effort? One of the important discoveries is that “the issue is complicated”! Leaning in or working harder as some executives have suggested just doesn’t get at how complicated the environment is that surrounds women who want to make it in the business world. Jodi Kantor of the New York Times describes the problems found at HBS in four areas – there was an unexplainable grade gap that goes beyond guys being better at math; there was a wealth gap, with women not getting access to the best paying jobs; there was a social gap where women weren’t sure of the best way to proceed in various situations because they saw no role models; and then there was plain old unrecognized stereotyping, but in ways I didn’t expect, professor to student, student to student , student to professor, and professor to professor.
Drew Faust and her team did what no one has done before. They attacked all problems at once and from more than one direction. The grade gap is a good example of this. There were problems like professors not calling on women, professors forgetting women answered, women afraid to raise their hands, and guys with a lot of experience taking over the class. Harvard took on each one of these issues in a variety of ways and the grade gap did start to disappear. Harvard demonstrated that while it isn’t easy, these problems can be solved.
We must build on the efforts of Drew Faust and the Harvard Business School faculty to tackle the issues surrounding women in business. Every institution should become familiar with what was done at Harvard. Major companies as well as other schools can benefit from and implement some of these changes which would quickly improve work environments and level the playing field. Drew Faust speaks up for women and uses her power to help them. Who would you put on a list of the “Top 10 Women who use their Power to help other Women”?
Rue La La, the shopping destination, appointed Robin Domeniconi Chief Marketing Officer. Robin had been Chief Brand Officer at the ELLE Group, and is a former Vice President of Advertising Sales, Marketing, and Publishing at Microsoft. (prnewswire)
WellPoint Inc. (NYSE: WLP) appointed Elizabeth Tallett to its Board of Directors. Elizabeth is a Principal of Hunter & Partners LLC, a health care consulting firm. (Business Wire). WellPoint is #47 on the Fortune 500 List. All Fortune 500 companies should make their next appointment a woman.