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November 22, 2017

Good morning, Broadsheet readers! Meg Whitman is stepping down as CEO of HPE, Pixar’s John Lasseter goes on leave amid misconduct allegations, and Angela Merkel may face yet another election. Have a wonderful Thanksgiving weekend.

EVERYONE'S TALKING

 We're thankful for you. As we head into Thanksgiving weekend—on what's shaped up to be a challenging year—Val and I thought it would be appropriate to ask all of you to weigh in on what developments in the world of women and business you're actually thankful for. Your responses are an inspiring reminder that while there's still a lot of work to be done, there is also a lot to celebrate. Here's a sampling:

"I am grateful for Ursula Burns and the resulting coverage of the dearth of Black women as CEOs in Fortune 500 companies....Ursula expertly leveraged her platform to raise awareness to a lack of representation that has needed discussion for awhile but has only recently become part of the conversation."
-- Cydney R.

"Two words: Wonder Woman!"
-- Christiana D.

"The Stitchfix IPO is not just monumental in being the first woman-owned consumer-based company to go public [this year], but that it means we can finally take women (not just elites, but all women) seriously and realize their spending power. Women move money!"
-- Annemarie D.

"The new UK government legislation requiring employers with 250 or more employees to publish and report specific figures about their gender pay gap. I think it's going to have a really significant impact on the female progression pipeline and the number of women we see in senior positions in the future as this is the only way companies can hope to close their gap."
-- Valentina K.

Not surprisingly, the vast majority of your responses touched on the wave of sexual harassment revelations and the #MeToo Movement. Here's how Margaret A. put it: "I am grateful for all of the courageous women who are reporting sexual harassment in the workplace. They are helping to change the culture of work for all women."

Have a wonderful Thanksgiving and we'll be back in your inboxes Monday.

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ALSO IN THE HEADLINES

Trumps talks Moore. President Trump spoke about the allegations against Alabama Senate hopeful Roy Moore for the first time yesterday. "He says it didn't happen," the president said about the accusations that Moore engaged in sexual misconduct with teenagers. At least eight women have spoken out against the politician so far—including one who alleges that he molested her when she was 14 and he was in his 30s. The president said, "You have to listen to him, also." Trump has also faced (and denied) accusations of sexual harassment. New York Times

 Whitman walks. After a six-year tenure, Meg Whitman is stepping down as CEO of Hewlett Packard Enterprise. She will hand the reins to the company's current president, Antonio Neri, on Feb. 1. Whitman, who is No. 7 on our list of the Most Powerful Women, led the company through a turbulent period, splitting the tech pioneer in two and engineering a turnaround plan that has yet to gain real traction. What will Whitman do next? She's not saying, but some speculate that there could be another political campaign (she lost a bid for California governor in 2010) in her future... Fortune

 Showing 'em how it's doneNorah O'Donnell and Gayle King gave a masterclass on how to respond to sexual harassment news on yesterday's CBS This Morning. The pair, who have co-anchored the program along with Charlie Rose, addressed his absence and the accusations against him at the opening of Tuesday's show. (CBS first suspended, then fired Rose after at least eight women accused him of range of inappropriate sexual behavior.) Neither apologized for their now ex-cohost. "Charlie does not get a pass here," said King, who went on to add: "To the women who have not spoken up, or who are afraid, I'm hoping that now they will take the steps to speak out too, that this will become a moment of truth."  Fortune

JLaw lets loose. In a new podcast interview, Jennifer Lawrence opened up on an array of topics—including Harvey Weinstein (she calls his treatment of her "almost paternal"), the release of her emails in the Sony cyber attack (which forced her to talk publicly about the gender wage gap) and the Apple hack that resulted in the release of nude photos of the actress. Her description of the photo leak is particularly painful: "A year and a half ago, somebody said something to me about how I was a good role model for girls, and I had to go into the bathroom and sob because I felt like an imposter," she said. "I felt like, I can't believe somebody still feels that way after what happened." Fortune

 Not a pretty picture. According to The Hollywood Reporter, multiple Pixar insiders are sharing stories of inappropriate behavior—including unwanted touching and other advances—by John Lasseter, the acclaimed head of Pixar and Walt Disney Animation. No one has gone on the record yet, but Lasseter has announced that he's taking a leave of absence from Pixar after acknowledging "painful" conversations and unspecified "missteps," he wrote in a memo to staff. The Hollywood Reporter

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content from Deloitte
Slow Growth for Women CFOs
Many women are highly qualified across finance, but the number of women in the CFO and CFO-direct report positions has fallen since 2015. Unconscious bias and women's approach to career growth may be key hurdles, according to Deloitte's CFO Insights.
Read More Here
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IN CASE YOU MISSED IT

 Merkel wants a majority. After negotiations to create a new government collapsed on Monday, German Chancellor Angela Merkel says that, while she remains hopeful about forming a majority coalition, she would prefer to call for new elections rather than try to lead a minority government. The process—and timeline—for doing so, however, is not clearcut. New York Times

 Look what you made her do. Taylor Swift's Reputation has become the biggest-selling album of the year in the U.S. in a single week, racking up 1.2 million sales. The pop star helped supercharge sales by keeping all but four of the album's tracks off Spotify and other streaming services. Fortune

 Sexism's not funny. Amid the sexual misconduct accusations against Louis C.K. and Al Franken, Merrill Markoe, original head writer and co-creator of Late Night With David Letterman, reflects on her experiences in the male-dominated world of comedy: "Even though comedy is supposed to be the art form where the outcasts and underdogs go to expose the lies inside of unfairness, women have been regularly expected to overlook the poor treatment we receive, lest we be called humorless and viewed as bad sports." Refinery29

 Good for your eyes, bad for your financials. On yesterday's earnings call, Campbell Soup CEO Denise Morrison had a curious explanation for the company's disappointing quarter: carrots. Bad weather led to poor carrot crops, she said on the call, where the root vegetable was name-checked 29 times.  Fortune

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ON MY RADAR

Democrats move swiftly against Conyers amid latest harassment charges New York Times

From #MeToo to #YouToo: Why we need male allies to help stop sexual harassment  Fortune

When the cable guy's a gal, some people's wires get crossed  New York Times

Mikaela Shiffrin: The best slalom skier in the world  The New Yorker

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QUOTE

I think I'm a better judge of how I felt in that satirical photo shoot with Al Franken than the recollections of an anonymous bystander. I thought the point of this moment was to believe women's accounts of their own experiences.
Arianna Huffington, on a magazine photo shoot from 2000 that shows Sen. Al Franken groping her—a reference to a comedy sketch the pair did in 1996.
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