Good morning, Broadsheet readers! There’s a yawning pay gap on Snapchat’s board, Ivanka Trump hosts another dinner to talk women, and Melissa McCarthy is my new favorite WH press secretary. Enjoy your Monday.
• The Snap gap. As it prepares for an IPO, potential investors are learning more about Snap Inc., the notoriously secretive parent of messaging app Snapchat. Among the revelations: the company has nine directors on its board—only one of whom is female: Hearst Magazines chief content officer Joanna Coles. What’s more, of the five directors who are being paid, Coles made the least in 2016.
Fortune‘s Valentina Zarya and Jen Wieczner crunch the numbers, finding that Snap paid Coles $110,866 in total compensation in 2016, while the company’s next lowest-paid directors made almost ten times that much. Much of the differential was in the form of stock, meaning that Coles stands to make relatively little money off the IPO.
While Snap’s board may be unusually male-heavy, it’s far from the only company to pay its female directors (or in this case, director) less than their male counterparts. As you may recall, The Broadsheet recently covered a study by researchers at the University of Missouri and the University of Delaware found that women and minorities on the boards at more than 1,800 companies are paid about 3% to 9% less than their white male counterparts.
ALSO IN THE HEADLINES
• Gaga for Gaga? Lady Gaga continued the six-year streak of female pop divas at Super Bowl LI’s halftime show, but kept the political messaging to a minimum. Her only major statements during the performance were made via tweaks to the song “Born this Way.” She sang: “You’re black, white, beige, chola descent / You’re Lebanese, you’re orient,” and then: “No matter gay, straight, or bi / Lesbian, transgendered life / I’m on the right track baby / I was born to survive.”
New York Times
• Fact-checking Conway. In an MSNBC interview last week, presidential adviser Kellyanne Conway referred to a terrorist attack in Bowling Green, Ky. to justify President Trump’s contentious travel ban. Yet the attack never actually happened and the internet has since turned the reference into a viral joke (see the Twitter hashtag #BowlingGreenMassacre).
New York Times
• All eyes on Ivanka. Ivanka Trump convened another dinner to discuss women’s issues, this time inviting CEOs like GM’s Mary Barra, J.P. Morgan’s Jamie Dimon, and EY’s Mark Weinberger—all of whom are on her father’s advisory council and met with him at the White House on Friday. Meanwhile, Neiman Marcus removed a number of the first daughter’s jewelry items from its website, a move that comes on the heels of Nordstrom’s announcement that it will not sell her products for the spring season due to poor sales.
• Boards barely budge. A new study finds that women and minorities occupy nearly 31% of the board seats of Fortune 500 companies. While that’s a slight increase over the past four years, the researchers don’t expect diverse board members to hold 40% of all seats until 2026.
New York Times
• Home is where Melania is. Maureen Dowd talks to Kate Andersen Brower, a writer and historian focused on American first ladies, about Melania Trump’s decision not to live in the White House. “We do not know if she would call herself a feminist, but in a weird way it’s a strangely feminist thing to do,” says Brower. “It’s gutsy not to move there until she’s ready.”
New York Times
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 last week.
• Turn off the corporate robot. NJ Goldston, founder and chief creative officer of The UXB, learned the hard way that ditching her big company job to launch her own firm didn’t mean she’d automatically abandon her corporate habits. Here’s how she learned to think differently:
• No comparison. Comparing yourself with others will only hold you back, writes Jana Cohen Barbe, partner and former global vice chair of Dentons. Learning to define success for yourself will open up new career doors.
•Myth busting. Udemy VP of people Lisa Haugh explains that employers should get over the idea that all millennials have the same needs and desires. It’s about fostering an environment that allows everyone to grow—regardless of their opinions.
IN CASE YOU MISSED IT
• Like mother, like son? This story looks at how Supreme Court nominee Judge Neil Gorsuch’s view of the political world was shaped by the trials of his mother, Anne Gorsuch Burford. The head of the EPA under President Reagan, she was forced to step down after an ugly showdown with Congress. Now, Gorsuch faces a tough confirmation fight in “a political culture even more caustic than the one that destroyed his mother’s public career.”
New York Times
• Saujani’s code. In this very personal op-ed, Girls Who Code founder Reshma Saujani takes aim at President Trump’s travel ban and tells the story of her parents, who arrived in the U.S. as refugees from Uganda.
• Chatting with Chelsea. Chelsea Clinton—whose Twitter feed has gotten noticeably more political recently—talks to the Lower Eastside Girls Club’s Rosie Rodriguez about Too Small to Fail, a program that encourages parents to find daily opportunities to talk, read, and sing with their young children.
• Seven up for interpretation. Sweden’s deputy prime minister, Isabella Lövin, created some buzz when shared a photo that shows her signing a climate bill surrounded by seven female colleagues. While Lövin says it’s “up to the observer to interpret the photo,” many are taking it as a critique of the recent picture of Trump signing an order that prohibits federal funding of NGOs that perform, or provide information about, abortions. In that image, Trump is surrounded by seven men.
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