Happy Friday, Broadsheet readers. Apple’s Angela Ahrendts earns A LOT more than the company’s CEO, and the oldest woman in Scotland shares her tips for living a long life. Read on to hear from the openly gay executives who are bringing gay rights to the main stage at Davos for the first time. Have a great weekend!
• 8x as much as the CEO. Angela Ahrendts, Apple’s relatively new SVP of retail and online sales, is getting paid $73.4 million in cash and mostly stock. CEO Tim Cook earns about $9 million. Why? Ahrendts was making about $37 million as CEO of Burberry, and Apple’s brass felt they had to bring her salary up to a level that would meet her expectations. Business Insider
ALSO IN THE HEADLINES
• Making news history. The Economist Group on Thursday named Zanny Minton Beddoes as the next editor of The Economist, making her the first female to serve in that position during the publication’s 172-year history. Fortune
• Defending the notorious. Judy Clarke, a defense attorney known for her fierce opposition of the death penalty, has famously taken on clients accused of the most heinous crimes. Most recently, she represented Jared Lee Loughner, accused of shooting former Congresswoman Gabrielle Giffords and killing six others, as well as Dzhokhar Tsarnaev, the man accused of bombing the Boston Marathon. Boston Globe
• 14 out of 30. Ridesharing company Lyft’s new CMO, Kira Wampler, is one of 14 women in the company’s senior management. Getting women into leadership is important to Lyft as 60% of its riders and 30% of its drivers are female. “It’s easier to be a great leader in a product space when you can anticipate the needs of your users,” says Tali Rapaport, Lyft’s vice president of product. Fast Company
• A war on homemakers? New policy proposals backed by President Obama, like giving more tax credits to two-earner couples, reflect “a blind spot — to put it charitably — about women who choose differently, and about some of the realities of family life,” writes Ramesh Ponnuru for Bloomberg View. Bloomberg View
• Why Sheryl Sandberg loves Megyn Kelly. A recent New York Times Magazine cover profile of Fox News anchor Megyn Kelly explored her diverse fan base, which includes Facebook COO Sandberg. Fortune‘s Pattie Sellers has an intriguing take on the mutual admiration of these two power players. Fortune
• Go live with Fortune. Fortune’s new weekly web show launches today at 3PM ET on Fortune.com. Hosted by assistant managing editor and Most Powerful Women co-chair Leigh Gallagher, Fortune Live will feature news from Rent The Runway as well as an interview with Marriott CEO Arne Sorenson. Fortune
Gay rights takes center stage at Davos
When Beth Brooke-Marciniak came out to her coworkers at Ernst & Young in 2011, she says she initially became withdrawn at work. After years of hiding her private life in the office, the global vice chair at EY said she struggled to figure out how to be gay and a business leader at the same time.
What a difference four years can make. This Saturday, for the first time in the history of the World Economic Forum’s annual conference in Davos, gay rights in the workplace is on the official agenda. And Brooke-Marciniak — who has written about being a gay executive for Fortune — is one of speakers.
In the discussion entitled “The Diversity Dividend,” Brooke-Marciniak and other global diversity experts like Anne-Marie Slaughter, the president and CEO of New America Foundation, are slated to discuss ways to ensure that employers help the LGBT community and other minorities feel valued and respected in the workplace.
Past Davos meetings have included small discussions about gay rights have been organized, including a much talked about breakfast last year organized by Paul Singer, the founder of hedge fund Elliott Management, and Daniel Loeb, the founder of Third Point. But organizers declined to put the LGBT rights on the formal agenda – until this year. And interviews with a few other prominent and openly gay executives attending Davos suggests it has had an energizing effect on them.
“The fact that the word LGBT is [now] in the official Davos program is not insignificant,” Sander van ‘t Noordende, who is openly gay and the Group CEO of Products at Accenture, told Fortune. “It is time to elevate the subject and get some more visibility to LGBT issues in the workplace and there is no better place to do that than Davos.”
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This month, The Broadsheet is partnering with our friends at Food & Wine to bring you news and inspiration from the top women in food and drink. Here are my three favorite stories from the series this week.
• The Kickstarter of food. Barnraiser founder Eileen Gordon Chiarello is tapping into a market of American foodies who are focused on health and sustainability with a new social enterprise. “Our objective is to take the power I’ve seen in crowdfunding and apply it to the 41 million Americans who align themselves with health and sustainability,” she says. Fortune
• Life happens for you—not to you. “There have been too many occasions to count when I wanted something—be it a thing, a job or an experience—and I didn’t get it. Although the disappointment loomed, sometimes longer than expected, I eventually learned that what I wanted wasn’t necessarily the best thing for me, but what I wound up getting was exactly what I needed or better than I wanted,” says Carla Harris, co-host of ABC’s The Chew and a Top Chef alumna. F&W
• Make mistakes. “They make us stronger. Every single time I have slipped up, I have learned more than I ever could have if I didn’t,” says Miami chef Michelle Bernstein. Her biggest mistake? Opening a new restaurant that didn’t inspire her. F&W
IN CASE YOU MISSED IT
• Eat porridge. Work hard. Never get married. That’s the advice Scotland’s oldest woman gives others who want to live a long life. Centenarian Jessie Gallan celebrated her 109th birthday on January 2nd. “I always worked hard and seldom would I ever take a holiday. I left home when I was 13 and began a job milking cows.” Daily Mail
• 30 days. U.S. Olympic soccer player Hope Solo was suspended from the league for 30 days after being belligerent in the passenger seat of a team vehicle when her husband got pulled over for a DUI. Last year, Solo was not suspended from any games after being charged with domestic violence. NBC Sports
• Just kidding. After issuing a statement to readers that they will no longer see pictures of topless women on its infamous page 3, British tabloid The Sun tweeted out a picture of the following day’s paper with… a topless woman on page 3. “We’ve had a mammary lapse,” editors wrote below the photo. Women in bikinis will apparently still be featured on page 3 of the print paper, while the online edition with post topless photos. NYTimes
ON MY RADAR
Becky Hammon’s path to the NBA WaPo
Sheryl Sandberg wants more women online CNNMoney
When women become terrorists NYTimes
Adidas top exec: We need to look cool again Fortune
HD makeup is becoming a real thing The Guardian
If someone is just a pig to you on set, don’t deal with it behind closed doors, because you have to show the whole crew that you will deal with it and you will not have it.Great advice for women working in any industry from <em>Selma</em> director Ava DuVernay.