Travis Kalanick resigns
Good morning, Broadsheet readers! Travis Kalanick steps down as Uber chief, the highest-paid female CEOs all have one thing in common, and Karen Handel wins a closely-watched Georgia House race. Have a great Wednesday.
• Who’s Karen Handel? Republican Karen Handel won the special election race for Georgia’s sixth district House seat yesterday. The closely-watched race—which pundits are calling a broader indicator of White House approval—broke fundraising records, with both sides of the aisle spending a combined $50 million.
Here are a few things to note about the House’s newest female representative (women account for about 20% of House Reps):
- She’s a former chairwoman of the Fulton County Commission, the governing body for the most populous county in Georgia, and was elected Georgia secretary of state in 2006.
- She rarely mentioned the president’s name during the campaign without being asked, prompting Jim Galloway, a columnist for The Atlanta Journal-Constitution to crack that in this election, “the clothes have no emperor.” President Trump, however, tweeted his support of Handel, saying, “We are all very proud of you!”
- She first gained national attention in 2012 as a senior official at the breast cancer charity Susan G. Komen Foundation, during which time the foundation announced its intent to cut funding for screenings by Planned Parenthood. (She resigned after the decision caused an uproar.) New York Times
ALSO IN THE HEADLINES
• Travis is out. After weeks and weeks of build-up, it seems the Uber saga—which began when ex-engineer Susan Fowler leveled accusations of sexism—has reached its peak: CEO Travis Kalanick announced his resignation yesterday. In an email to employees, the ride-hailing company founder wrote: “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors’ request to step aside so that Uber can go back to building rather than be distracted with another fight.” It is unclear who will replace the CEO; the company has no COO, CFO, or general counsel (not to mention the holes left by the other executives who were let go in recent weeks). Not so long ago, the idea that the Kalanick would leave was unthinkable. I believe his departure sends an encouraging message about just how bad sexism is for business—and how seriously some companies are beginning to take that fact. Fortune
• Push for paid leave. Ivanka Trump met with Republican lawmakers yesterday to discuss paid leave and childcare tax credits. Although her father included a paid family leave policy in his budget proposal, the first daughter will need to get Congress on board if she hopes to actually get a bill passed. Democrats, none of whom attended yesterday’s meeting, are gathering today for their own hearing on the need for paid family and medical leave. Fortune
• Cracking the comp code. What do the highest paid female CEOs have in common (other than fat bank accounts)? They work or have backgrounds in STEM, reports Fortune‘s Valentina Zarya. Fortune
• We all need help sometimes. In this affecting piece—headlined “The Truth about Being a Working Mother”—Sarah Treem, creator of The Affair, writes about juggling a fulfilling but demanding job, a nausea-inducing second pregnancy, and a fraying marriage. While she doesn’t regret having children, she writes, “I regret not asking for enough help. I felt that I needed to prove I could do it on my own. I didn’t want anyone to see me as compromised because I was a woman.” Red
• Squashing stereotypes. The New York Times‘ Susan Chira looks at Common Sense Media’s attempt to create an online rating system that helps parents discern whether a film or TV show reflects “positive gender representations”—in other words, entertainment that will “prompt boys and girls to think beyond traditional gender roles.” New York Times
• No regrets. With some on the left suggesting that Jill Stein’s presidential campaign split portions of the liberal vote—helping elect President Trump—does the former Green Party candidate have any regrets? “I don’t think so,” says Stein. Politico
IN CASE YOU MISSED IT
• New hope. When Jess (formerly Jeff) Herbst came out as transgender in January of this year, the New Hope mayor became the first openly trans elected official in Texas. Here’s what her experience has been like since that day: Refinery29
• Noosa mixes it up. Noosa, the full-fat yogurt company co-founded by Koel Thomae, is debuting new line of mix-in style yogurt with toppings like granola, roasted nuts, pretzels, and chocolate. Noosa Mates will compete with similar products from larger rivals such as Chobani and Yoplait. Fortune
• Get out. After decades of catering to men, outdoor gear makers are slowly catching on to the fact that women actually make up the (ever so slight) majority of consumers in the space. Sitka, for one, recently released a new women’s line of high-end hunting gear. Racked
• 5-minute fortune? Kim Kardashian’s first KKW Beauty product, a contouring kit, will be released today and is expected to sell out in minutes, racking up $14.4 million in sales. Will it live up to the hype? Fortune
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ON MY RADAR
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