Good morning, Broadsheet readers! Suzanne Greco inherits the helm at Subway, Carly spins a Trump insult into advertising gold, and we look at where the Most Powerful Women spent their school days. Have a wonderful Wednesday.
EVERYONE'S TALKING
• Her brother's keeper. Subway Restaurants CEO Fred DeLuca has died after a battle with terminal leukemia, putting the company in the hands of his sister, Suzanne Greco, who already had assumed the sandwich chain's day-to-day operations during DeLuca's illness. Will she get the CEO role permanently? Bloomberg
ALSO IN THE HEADLINES
• MPW school days. Where did Fortune's Most Powerful Women go to college? While just nine of the 50 U.S.-based executives who made the 2015 MPW rankings graduated from Ivy League schools, a full 59% hold graduate degrees. Just one—Mondelez International CEO Irene Rosenfeld—boasts a doctorate. Fortune
• Charlie meets the MPW. Fortune's Pattie Sellers went on Charlie Rose and talked with the TV host about why General Motors CEO bumped IBM chief Ginni Rometty from the top of the Fortune Most Powerful Women list, how former Burberry CEO Angela Ahrendts landed at Apple—and how she, as the first journalist to write a major story about Carly Fiorina 17 years ago, saw signs of her political savvy way back then. Fortune
• Fiorina faces off. Speaking of Carly Fiorina, the GOP candidate's super PAC, Carly for America, has released an ad that builds off a comment Donald Trump made about the former Hewlett-Packard CEO ("Look at that face! Would anyone vote for that?"). The ad opens with footage of a variety of women and Fiorina's voiceover: "Look at this face—and look at all of your faces." The spot ends with Fiorina declaring that she is “proud of every year and every wrinkle” on her 61-year-old face. New York Times
• Can the UN unite us? Melinda Gates writes about how lucky her youngest daughter, Phoebe, who just turned 13, is to grow up with opportunities that don't exist for girls her age in other parts of the world. Recounting the suffering she's witnessed in her work for the Bill & Melinda Gates Foundation, she also notes that the upcoming UN General Assembly meeting can "make a difference to women and girls a world away." Time
• One to watch. Rhode Island Governor Gina Raimondo angered some Democratic allies with the pension overhaul she instituted as state treasurer, but her pragmatic approach to governing—"define the problem and if we can all agree on that, then I’m willing to compromise a ton on ways to fix it”—seems to be working: Her recent budget passed the state's House unanimously. Fortune
• Dads sue, too. Women aren't the only ones bringing lawsuits against employers who punish them for being parents: With men taking on more childcare duties, they too are increasingly taking legal action when bosses refuse to accommodate their roles as dads. New York Times
MOVERS AND SHAKERS: Nina Tassler, head of entertainment programming at CBS, is stepping down at the end of the year. Washington Post associate editor Anne Kornblut is leaving the paper to become director of strategic communications at Facebook.
IN CASE YOU MISSED IT
• Time to change the channels. The bad news: A new report finds that women account for just 25% of those working as directors, writers and other behind-the-camera roles on network, cable, and Netflix shows. The good news: When women do hold powerful positions in TV, they're more likely to hire female writers and feature female characters. Fortune
• Rise of the "celebpreneur." While Real Housewives star and entrepreneur Bethenny Frenkel doesn't have the celebrity fire power of actress/CEOs like Gwyneth Paltrow or Jessica Alba, she has been masterful in harnessing the power of reality TV to turn her line of Skinnygirl products into a major brand. The New Yorker
• HP shrinks. Hewlett-Packard, led by CEO Meg Whitman, plans to cut 28,000 to 33,000 jobs—or roughly 10% of its workforce—as part of the restructuring that includes splitting the company in two in November. Fortune
• Steinem stumps for Spade. Feminist icon Gloria Steinem appears in the latest Kate Spade video ad. While that may seem like a head-scratcher, Steinem isn't the first legend to appear in a fashion ad: Joan Didion recently posed for Céline, while Joni Mitchell sat for Saint Laurent. Harper's Baazar
• Retirement gap. A new report from Financial Finesse finds that while both men and women are dealing with significant retirement-savings hurdles, women face much larger shortfalls. Bloomberg
• Is there a doctor in the classroom? A Harvard Medical School study reveals that female doctors are 17% less likely than their male counterparts to be made full professors at medical schools. The Guardian
Share today's Broadsheet with a friend:
http://fortune.com/newsletter/broadsheet/
Looking for previous Broadsheets? Click here.
ON MY RADAR
The new Kardashian apps are a big hit Fortune
Lane Bryant aims for another viral hit with #PlusIsEqual ad campaign Racked
Meet the women shaping the virtual reality industry Fortune
Biz school profs give national paid leave policy a top grade Washington Post
QUOTE
Never apologize. So what if the product isn’t perfect, the deck isn’t perfect? Guess what... only you think that.
Angel investor Joanne Wilson's advice for women entrepreneurs who seek to raise money
