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Broadsheet

The Broadsheet: June 19

Kristen Bellstrom
By
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Down Arrow Button Icon
June 19, 2015, 7:46 AM ET

Good morning, Broadsheet readers! Amy Schumer will open for Madonna this fall, Martha Stewart Living Omnimedia is likely being acquired, and Arianna Huffington has signed a four-year deal to stay at HuffPo. Enjoy your Friday.

EVERYONE'S TALKING

• Remaking Martha. It appears to be the end of an era: Martha Stewart Living Omnimedia is in talks to be acquired by New York’s Sequential Brands. WSJ

ALSO IN THE HEADLINES

• Ms. Money. The news that a woman will soon appear on the $10 bill got plenty of attention yesterday. Fortune's Chris Matthews writes that the U.S. Treasury made a big mistake by picking the $10 rather than the $20. Meanwhile, Money looks at 10 countries that already have a woman on their currency. Have you decided who you would put on the $10? Take Fortune's poll and let us know.

• Arianna commits. Arianna Huffington ended speculation that she might leave The Huffington Post by signing a new four-year contract to remain chairwoman, president and editor of the ever-expanding publication. New York Times

• London calling. Fortune's Pattie Sellers and Nina Easton recap the highlights of the Most Powerful Women International Summit in London. They write that the spirit and high energy of the 150 women leaders who attended is summed up by a quote from speaker and entrepreneur Cindy Gallop: "You will never own the future if you care about what other people think.” Fortune

• Dynamic duo. Comedian Amy Schumer announced that she will open for Madonna at all three of the iconic pop star's New York City dates in September. And Schumer shared an adorable "audition" tape. New York Magazine

• An arresting story. Toyota's new communications chief, Julie Hamp, has been arrested on suspicion of illegally bringing pain killers into Japan. Hamp, who is an American and the automaker's first senior woman executive, joined the company just two months ago.  Fortune

• All in the family. Who says nepotism is a bad thing? New research shows that family businesses are far more likely than other companies to have women—both family members and unrelated employees—in leadership roles. Fortune

• Men for women. UN Women announced the latest male CEOs, heads of state, and university leaders to join its HeForShe campaign. I'm particularly fascinated by Romanian President Iohannis's pledge to create a new job title: "Gender Equality Technician."  Fortune

MOVERS AND SHAKERS: Former Walmart exec Dottie Mattison has been named CEO of Gracious Home. Most recently, she was a senior managing director at Guggenheim Partners. Betsy Morgan, CEO of Glenn Beck’s TheBlaze TV and digital media company, is stepping down. Heidi Sinclair is rejoining Burson-Marsteller as a senior strategist.

IN CASE YOU MISSED IT

• Who they were. In the wake of Wednesday's shooting massacre at a South Carolina church, I urge you take a moment to read these profiles of the nine victims, six of whom were women.  New York Times

• A grown-up grumbles. After failing to break the deadlock between Greece and its creditors, EU leaders have scheduled an emergency summit for Monday. International Monetary Fund managing director Christine Lagarde was clearly frustrated by yesterday's meeting, saying, "The key emergency is to secure a dialogue with adults in the room." Bloomberg

• Father knows best. Powerful female CEOs like Denise Morrison of Campbell Soup and Mary Barra of GM talk about how their dads' advice helped them shatter the glass ceiling.  Bloomberg

• Lab lady. Molecular biologist Sarah Clatterbuck Soper writes in the NY Times about what it's like to be a woman in the lab. The biggest challenge, she says, is finding a male colleague willing to take on the training and mentoring of a young female scientist.  New York Times

• A direct hit. Looks like Avon could learn a thing or two from CAbi, which has become the largest direct seller of clothing in the U.S. by mixing high-touch service with affordable quality clothes. CAbi is led by CEO Lynne Coté.  Fortune

• Disappearing data. A new report finds that we are missing 80% of the necessary global gender data required to measure a country's gender equality. Quartz

• For board rooms, not family rooms. Kristin van Ogtrop, Real Simple's top editor, writes about trying Holacracy, the no-one's-in-charge management strategy recently instituted by Zappos, with her family. The result? Chaos—and hilarity. Time

Tune in to Fortune Live today and every Friday at 3 pm ET at Fortune.com. This week's guests are Warby Parker co-founder and co-CEO David Gilboa, BoxGroup managing partner David Tisch. Plus: Host Leigh Gallagher talks with my colleague Pattie Sellers and me about the Fortune MPW International Summit.

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ON MY RADAR

Working out with your co-workers is as bad as you think  Bloomberg

Measuring war's impact on women  Time

The sexism behind the Hillary Clinton pantsuit jokes  Pacific Standard

OITNB star Laverne Cox gets her own ice cream flavor  People

QUOTE

I think there's something to being an imperfect role model. Because it's, like, women can do things that we want to emulate, but also they can mess up, you know?

Ilana Glazer, co-star of Comedy Central's <em>Broad City</em>
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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