Good morning, Broadsheet readers. A report on the CIA’s detention and interrogation program raises some important questions, and Samantha Power may have just shared a lesson with President Obama. Read on to see why some cities might be better than others at attracting female talent to corporate boards. Have a great Wednesday!
• Feinstein’s fight. Senate Intelligence Committee Chairman Dianne Feinstein released the unsettling results of a three-year investigation into the CIA’s detention and interrogation program under President George W. Bush. The report presents evidence that the agency’s interrogation methods were not only brutal and ineffective, but also illegal. Feinstein fought long and hard for the results of the report to go public. “That is why I unequivocally banned torture when I took office, because one of our most effective tools in fighting terrorism and keeping Americans safe is staying true to our ideals at home and abroad,” President Obama said in a statement. Time
ALSO IN THE HEADLINES
• ‘Largest in history.’ The Women’s Tennis Association announced a 10-year media deal valued at $525 million, with hopes of expanding the viewership of global tournaments. “This is a very clear signal to the market about the value of women’s sports for media partners and for brands and sponsors,” said Stacey Allaster, the chairman of the WTA. NYTimes
• A lesson for Obama? Samantha Power, the U.S. Ambassador to the United Nations, told Fortune’s Nina Easton at the launch of the “Smart Women, Smart Power” series in Washington that it is important to invest in global relationships—such as taking African ambassadors to an NBA game and paying, by her count, 102 courtesy calls on different ambassadors. Fortune
• Revenge is sweet. After being forced out of Tinder and serving company executives with a sexual harassment lawsuit, Whitney Wolfe has created a new dating app called Bumble. Wolfe’s case settled out of court for an undisclosed amount. She’s likely using some of her settlement money to launch Tinder’s latest competitor. Businessweek
• Kimberly-Clark gets diverse. The parent company of Huggies, Kleenex, Kotex and Cottonelle has a consumer-base that is 85% female, yet in 2009, 17% of its director-level-or-higher employees were women. Sue Dodsworth became the company’s global diversity officer in 2010 and has dramatically increased the company’s number of female executives by focusing on career development and championing gender balance as a savvy business strategy. Fortune
• Going digital. As more large companies look to recruit board members with digital experience, we may start seeing more women in the boardroom. Within the 300 largest global companies, more directors with a digital background are women than directors that have no digital experience, according to a newly released report by Russell Reynolds. Russell Reynolds
Women on boards: Are some cities better than others?
In the battle to bring more women into the boardroom, some cities are doing better than others.
In 2014, women held 17.9% of director positions at the 50 largest public companies in the Chicago area, according to a new analysis conducted by Deloitte. While that figure comes in just slightly better than the nationwide stat of 17.7% of board seats filled by women, Chicago is far outpacing cities like Los Angeles, where only 7.7% of directors are female. Also, while only four of the “Chicago 50” have no women on their boards, more than 25% of the 400 largest corporations across California have no female directors.
In the state of Illinois, the company with the most gender-diverse staff is Ulta Beauty. Led by CEO Mary Dillon, Ulta’s board of directors is 50% female and nearly 30% of its executives officers are women as well. In an interview with Fortune, Dillon said that company executives should be able to recruit diverse talent regardless of the location of their headquarters. Yet the CEO did acknowledge that the breadth of industries represented in Chicago, combined with the cities’ many pro-business policies and tax breaks, does help a city-wide effort to make the boardroom as diverse as possible.
Dillon also brushed off the suggestion that Ulta’s position as a beauty company makes it better positioned to attract top female talent to the boardroom.
“I don’t think it should be an industry specific issue at all,” she said. “If a company want to cast its net widely, they will absolutely find qualified women. I don’t really think there are any real barriers to that.”
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IN CASE YOU MISSED IT
• Women at the border. Due to a recent surge of women and children enter the U.S. illegally, the government is specifically recruiting female border protection agents for the first time. WSJ
• Millenials aren’t entitled. Rather than view the youngest workforce generation as “entitled,” employers should welcome its self-esteem because “millennials have been raised to believe in themselves and, in doing so, exhibit a resolute strength,” writes Lauren Stiller Rikleen, president of the Rikleen Institute for Strategic Leadership. Fortune
• An edge for male professors. Similar to the trend we see in corporate America of direct reports evaluating authoritative female bosses more poorly than male managers, it appears women working in academia have a similar disadvantage. Slate
ON MY RADAR
Meet 3 people in Kate Middleton’s entourage Fortune
Toys are more divided by gender now than 50 years ago The Atlantic
How to build an investment firm from the ground up Bizwomen
Are you being productive or busy? LinkedIn
Maybe I’ll go with 'corrupt.'Shanley Kane, the founder and editor tech publication <em>Model View Culture, </em>when asked to describe Silicon Valley in one word.