Good morning, Broadsheet readers! I’m Claire Groden, subbing again for Kristen Bellstrom. The Fortune Most Powerful Women International Summit, going on now in London, has brought CEOs Carolyn McCall of easyJet and Helena Morrissey of Newton Investment Management to the stage. Also in the news: Katie Couric is seeing even bigger dollar signs, the Notorious RBG teams up with Natalie Portman to advance feminism, and former Australia PM Julia Gillard has advice for Hillary. Have a great Tuesday!
• One for the money. Kate Couric has a new deal with Yahoo—with a comp package believed to be around $10 million. That’s $4 million more than her last deal. At Fortune‘s MPW dinner in Manhattan last month, my colleague Pattie Sellers asked Yahoo CEO Marisa Mayer how she calculates the ROI on Couric, and Mayer’s answer here is amusing.
ALSO IN THE HEADLINES
• Not-so-easyJet. At the MPW International Summit, easyJet CEO Carolyn McCall talked about how she turned around customer service and profitability at Europe’s once-beleaguered budget airline. If you’re not good to customers, McCall says, “You’ll never have as much profit as you should have. It’s the bedrock of any business.”
• Population shrinkage? Great! Former FDIC chair Sheila Bair told the Fortune MPW audience in London that population shrinkage in developed countries isn’t a bad thing in the long term. In fact, the shifting demographics might pose great economic opportunities by putting a higher premium on labor and reducing pollution.
• Leading ladies. Ruth Bader Ginsburg revealed that the coming biopic about her, On the Basis of Sex, was held up because Natalie Portman, set to star as Ginsburg, insisted that the movie have a female director.
• Woman’s best friend. Newton Investment Management CEO Helena Morrissey, who founded the 30% Club to increase board diversity, said at Fortune MPW International that peer pressure from men—male advocates leaning on other men—has been key to her success in securing more board seats for women.
• Empowering fathers. Chelsea Clinton will be at the U.N. today, speaking about a report published by MenCare, which finds that fathers who take leave are more involved in parenting in the long-term. One study highlighted in the report found that each month of paternity leave taken by a father increased the mother’s income by 6.7% four year later.
• Dear Hillary: The first female Prime Minister of Australia, Julia Gillard, had some advice for Hillary Clinton at the Fortune MPW International Summit.
IN CASE YOU MISSED IT
• Mars and Venus? Turns out that men and women really do email differently, but not as much as you might think.
• Gap keeps slipping. Gap announced Monday that it would be closing a quarter of its North American stores and laying off employees at its headquarters.
• India’s missing STEM women. Even though the Indian Institute of Technology Bombay has graduated thousands of women with STEM degrees since 1958, companies still struggle to find female talent. Why? Many STEM-trained women left the field because their maternal responsibilities were prohibitive.
• Preventing sexual assault. One study found that participating in an intensive course about recognizing and rebuffing sexual assaults was effective at reducing rapes by half.
The Washington Post
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ON MY RADAR
|One thing I absolutely got wrong about being the first woman to do the job is that I made the assumption that the maximum reaction to being (the first female) prime minister would manifest itself in the first few months of doing the job; that would be its height.|
| -- Julia Gillard, Australia's first female prime minister |