Good morning, Broadsheet readers! Irene Rosenfeld makes a big biscuit buy, we ponder the value of women-only events and the science of manterrupting. Have a productive Monday.
• Golden opportunity. The U.S. women continued to rack up gold medals in Rio this past weekend. And while stars like Katie Ledecky—who demolished her own world record in the 800-meter freestyle—and Simone Biles—who became the first U.S. woman ever to win gold in the vault—deserve all the coverage they get, I want to take a moment to shout out to some of the more low-profile champs.
The women’s eight rowing team: On Saturday, these nine women (yes, nine—eight rowers and one coxswain), won a third straight Olympic gold medal. Including world titles, that’s an astounding 11 in a row.
Michelle Carter: Carter scored a gold in the women’s shot put final, a first for any U.S. woman in the event. And—prepare to have your heart warmed—she and her dad Michael, who won silver in the same event at the 1984, are now Team USA’s first father-daughter combination to medal at the Games.
Kim Rhode: Last week, Rhode, a shooter who won gold in London, made headlines for speaking out against stricter gun control laws. This past weekend she took bronze in skeet, making her the first person ever to win an individual medal at six straight Summer Olympics.
ALSO IN THE HEADLINES
• Time for a conference on conferences? In this op-ed, executive coach Peggy Klaus weighs in on a familiar question: What is the value of women-only conferences and other professional events? She concludes that, though they have their strengths, such gatherings will not fix the “deep and systemic issues” women face in the workplace. While I think Klaus makes some important points—women need male allies, companies sometimes use female-oriented events to pay lip service to diversity—I think there’s a bit of straw man (straw woman?) quality to her argument; it would be deeply naive to think there’s any single silver bullet solution to the lack of equality in the corporate world. New York Times
• More Morrissey! Helena Morrissey, who the Wall Street Journal calls “one of the most influential women in the City of London,” is stepping down as CEO of Newton Investment Management to become its non-executive chair. She will be succeeded by Hanneke Smits, former chief investment officer of private equity firm Adams Street Partners. Morrissey says she hopes that there’s another big job in her future: “I think I have at least another 10 years to offer.” WSJ
• Bidding for biscuits. Mondelez International, the snack maker led by Irene Rosenfeld (No. 9 on Fortune’s Most Powerful Women list), has agreed to buy the global license for Cadbury-branded biscuits from Burton’s Biscuit Co. WSJ
• Green racks up the green. Kirsten Green, founder of all-women VC firm Forerunner Ventures, has had a very, very good month. Forerunner is the only firm that invested in both Jet.com and Dollar Shave Club, which sold for a collective $4 billion in recent weeks. Recode
• In sickness and in health. What happens to a startup when one of the founders suddenly finds herself in a life-or-death struggle that’s much bigger than any business? Erin Bagwell, director of the documentary Dream, Girl, writes about what happened when her business partner, Komal Minhas, was diagnosed with cancer. Fortune
• The science of manterrupting. Money‘s Alicia Adamczyk digs into the research on why women speak less—and are interrupted more—at work than their male colleagues. Money
MOVERS AND SHAKERS: Amanda Persaud, former head of the private funds practice at law firm Wachtell Lipton Rosen & Katz, has become a partner at Ropes & Gray.
MPW INSIDER MONDAYS
Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here’s some of the best of what we heard last week.
• Think it? Say it. Don’t feel like you have to be expert before you speak up at work, says Elizabeth Boland, CFO at Bright Horizons: “Men certainly aren’t shy about saying what’s on their minds, and we shouldn’t be either.” Fortune
• Everyone’s a critic. No one likes being criticized. But when you do encounter a tough critique, Ruder Finn CEO Kathy Bloomgarden has three tips for dealing with it in a productive way. Fortune
IN CASE YOU MISSED IT
• The story she tells. Tracy Droz Tragos, director of new documentary Abortion: Stories Women Tell, talks to Fortune‘s Valentina Zarya about what she hopes people will take away from the film, how she found her subjects, and what “badass” HBO execs Sheila Nevins and Sara Bernstein brought to the project. Fortune
• A few good women. In a bid to increase the number of female Marines from 7% or so—and bring in more women who may qualify for the newly co-ed combat jobs—Marine recruiters are turning to high school girls’ sports teams. Associated Press
• Friends in high places. Liz Cheney, eldest daughter of former VP Dick Cheney, is headed into a crowded primary race for Wyoming’s lone Congressional seat with the financial backing of such powerhouse GOP donors as both Presidents Bush. Fortune
• The Hillary Show. Slate‘s Michelle Goldberg calls the new Hillary Clinton campaign podcast “charming and gross.” Slate
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ON MY RADAR
Why you should care about Zika Time
A Sex and the City for African viewers New York Times
Six movies that reveal the ‘real’ Hillary Clinton Fortune
Cannes bans specialty swimsuit for Muslim women NPR
The paradox of owning what you know and what you don’t know is that you actually seem more powerful as you expose more vulnerability.OpenTable CEO Christa Quarles