Good morning, Broadsheet readers! Sixteen women make it onto Fortune’s 40 Under 40, Priscilla Chan (and Zuck) pledge $3 billion to fight disease, and Heather Bresch is in the Congressional hot seat. Have a wonderful Thursday.
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EVERYONE'S TALKING
• Meet the sweet 16. Fortune's annual 40 Under 40 list is out and while we're still not at parity—the list has 16 women, which makes it nearly 40% female—this year's ranking is a step up from last year's, which had 14 women.
The women on the list are as diverse as the women of corporate America in general. There are product whizzes—Fidji Simo oversees Facebook Live while Slack's April Underwood heads the company's product strategy—dealmakers—Kim Posnett co-heads Goldman Sachs' internet investment banking practice—and media moguls-in-the-making, including STX Entertainment president Sophie Watts and Clique Media Group CEO Katherine Power.
Then there's Dianne McKeever, who's in a league of her own: the 38-year-old Ides Capital founder is currently the only woman running an activist hedge fund shaking up U.S. companies.
ALSO IN THE HEADLINES
• Heather in the hot seat. Lawmakers yesterday grilled Mylan CEO Heather Bresch about her company's controversial EpiPen price hikes—as well as her $18 million salary. Bresch defended the EpiPen's pricing, laying most of the blame for high costs at the feet of the insurance industry. Fortune
• She's a survivor. In this in-depth Q+A, actress Gabrielle Union, a rape survivor, talks about the rape accusations against Birth of Nation director Nate Parker (she is in the film), why she isn't worried that the controversy will hurt her brand, and her advice for other survivors. XO Necole
• Know when to fold 'em. Speaking on a panel co-hosted by Fortune and Sotheby’s on Tuesday night, Nancy Lublin, founder of Dress for Success and Crisis Text Line, said she picked up her business chops at a surprising place: the poker table. Wish you'd been there? Come Friday night to the final "Women of Influence" panel—a discussion of women in the arts. Fortune
• Enduring endurance gap. A new study by Bain & Co. and LinkedIn finds that many senior-level women continue to question their success and ask themselves if all their hard work is worth it—even after they've made it to the top. Called the “endurance gap,” the researchers say it's a key difference between male and female executives that persists throughout their careers. Fortune
• Cash for the cure. Priscilla Chan and Mark Zuckerberg are pledging to spend more than $3 billion over the next decade to work on curing diseases. Chan, a pediatrician, said that she and her husband believe it's possible to "work together to cure, prevent or manage all disease within our children’s lifetime." Fortune
MOVERS AND SHAKERS: LUNGevity Foundation, a lung cancer-focused organization, has added KPMG chairman and CEO Lynne Doughtie to its board.
IN CASE YOU MISSED IT
• Martha takes China. Martha Stewart is making a play for the Chinese market, visiting the country to pitch her namesake brand (now owned by Sequential Brands) and meet with Alibaba CEO Daniel Zhang. Fortune
• Tim and Meg hit the trail. Hewlett Packard Enterprise CEO Meg Whitman co-hosted a campaign event for Hillary Clinton in Silicon Valley yesterday. While the candidate herself did not attend, VP nominee Tim Kaine was in the house. Fortune
• She better werk. After her supermodel glory days—and her stint as "one of the industry's most notorious bad girls"—Naomi Campbell, now 46, is having a renaissance: "A career peak seldom seen in the youth-obsessed fashion world." New York Times
• Spies like us. While women have been central to American spycraft since 1776, the Hollywood image of female spies is a far cry from reality. Meet the real thing: Newsweek
• Not so first lady-like. Kate Andersen Bower, an expert on first ladies, points out that Michelle Obama's recent dig at Melania Trump (she told Stephen Colbert that she had “no sympathy” for her) is extremely unusual. Normally, she writes, there is "a camaraderie among these women...who have stood by their husbands all the while being expected to play the role of the perfect wife, mother and role model." Fortune
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ON MY RADAR
West Point women have a new bloody requirement as the Army completes gender integration Washington Post
Jane Fonda: Reluctant fashionista New York Times
Ballerinas hate this Kendall Jenner video for Vogue Espana New York Magazine
Elaine Wynn: The billionaire bureaucrat Pacific Standard
QUOTE
I’m excited about the art coming out of this time; culture and class and gender and race and all of that is being interrogated in a way that is, for many of us, like an open wound. And there are artists trying to heal it.
Ava DuVernay
