Good morning, Broadsheet readers! The British royals welcomed a new princess on Saturday, the big Mayweather-Pacquiao fight gave rise to a different type of grudge match, and tragic news for Sheryl Sandberg.
• A shocking loss. Dave Goldberg, CEO of SurveyMoney and husband of Facebook COO Sheryl Sandberg, passed away unexpectedly Friday night. The Internet is awash with touching tributes to Goldberg, including one from Fortune‘s Adam Lashinsky, who describes Goldberg as “one of the most beloved among the truly successful people in Silicon Valley.” In Lean In, Sandberg wrote: “Having a true partner like Dave is still far too rare.” Fortune‘s editors knew and admired Dave, and we, along with the Fortune Most Powerful Women community, send heartfelt condolences to Sheryl and her family.
ALSO IN THE HEADLINES
• Congrats, Kate and Will! The Duchess of Cambridge gave birth to her second child, a daughter. The new princess, whose name has not yet been released, is a blessing for her family, of course, and may also be a boon to British retailers.
• Carly’s kick-off. Former HP CEO Carly Fiorina is expected to announce her 2016 presidential bid today. She’s scheduled to kick off the first official day of her campaign with an appearance on ABC’s Good Morning America and a live online town hall.
• Women hit the accelerator. A growing number of accelerators, which fund and mentor entrepreneurs in exchange for equity, are now working exclusively with women-led start-ups. While many people applaud the focus on female founders, some say isolating them from the larger market could hurt them in the long run.
• A different type of grudge match. Rachel Nichols of CNN and Michelle Beadle of ESPN said that members of Floyd Mayweather’s team tried to block them from attending the boxer’s big Saturday fight with Manny Pacquiao in Las Vegas. Mayweather’s camp denied the charges, but the incident has prompted speculation that the boxer was trying to punish Nichols and Beadle for their reporting on his history of domestic violence against women.
• The big payout. Morgan Stanley says former CFO Ruth Porat is eligible to receive restricted cash and stock valued at about $28 million. That’s on top of the $70 million she’ll pull in as Google’s CFO, a job she starts this month.
• You make how much? Curious about how your salary stacks up? Search Twitter for the hashtag #talkpay, which trended on Friday and through the weekend, thanks to programmer Lauren Voswinkel. On May Day, a.k.a. International Workers’ Day, Voswinkel encouraged people to share their salaries and work experience, all in an effort to promote discussion of race and gender-based wage gaps.
MOVERS AND SHAKERS. A Fortune exclusive: Kate Johnson has added the role of CEO of Intelligent Platforms to her existing duties as the Chief Commercial Officer at GE.
MPW INSIDER MONDAYS
Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here’s some of the best of what we heard over the past week.
• Mentor musts. Allie Kline, CMO of AOL, wants you to think out of the box when looking for a mentor. She should know: Kline’s mentor is a different gender, works in a different industry, and has different work-life priorities than she does–and she couldn’t be happier with him.
• A gut decision. Liz Wiseman, president of the Wiseman Group, knows the value of listening to your gut. When she was at Oracle, Wiseman allowed participants of a multi-day strategic thinking exercise to completely change the focus of the program–without consulting senior management. It was a risk, she says, but it paid off: The execs appreciated her boldness and loved the results.
• Track tactics. As a young woman, Sanofi EVP of Global Divisions Pascale Witz was a French track and field champ. Along the way, she learned three key lessons that have helped her translate her success from the track to the boardroom.
IN CASE YOU MISSED IT
• Wintour’s big night. Tonight is the Metropolitan Museum of Art’s Costume Institute benefit (a.k.a. the Met Ball), co-hosted by Vogue editor Anna Wintour. Since Wintour took the helm in 1999, the Met Ball has become one the New York City’s largest and most star-studded fundraisers, bringing in more than $145 million for the nonprofit Costume Institute.
New York Times
• Mosby moves fast. In the case of Freddie Gray, the 25-year-old man who died after being injured in police custody, State’s attorney for Baltimore City Marilyn Mosby moved with surprising swiftness— charging six police officers with crimes including murder and manslaughter. This Washington Post profile provides fascinating background on Mosby, who is just 35 and has been on the job for less than four months.
• A watchdog admits failure. Ann Ravel, head of the Federal Election Commission, says she has largely given up hope of reining in abuses in the 2016 presidential campaign. Stunningly frank about her agency’s failure to regulate the way political money is raised and spent, she says, “People think the F.E.C. is dysfunctional. It’s worse than dysfunctional.”
New York Times
• An election to watch. Heather Conley, director of the Europe program at the Center for Strategic and International Studies, spoke with Fortune‘s Nina Easton about the upcoming UK election and why the international business community should be concerned about its outcome.
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ON MY RADAR
|Men broke the country and now you need the ladies to come in and make it all better. No, that's fine, honey, we'll do it. You just go back to sleep. We were getting bored just holding down full-time jobs and raising our kids anyway.|
| -- Samantha Bee, who left her post as correspondent on The Daily Show last week. Next up, Bee will star in a TBS comedy. |