Fortune launched its annual 40 Under 40 list yesterday, and it is chock-full of fascinating leaders worth checking out. One of the 16 women on the list is Dianne McKeever, a 38-year-old who last year became the only woman running an activist hedge fund that’s shaking up U.S. companies when she launched her firm Ides Capital.
One of the companies she’s targeted, Boingo Wireless, has seen its shares rise more than 20% since McKeever revealed her campaign to boost the company’s value in March. The move eventually resulted in Boingo adding its first female director, not to mention a 55% return for McKeever’s firm.
Fortune’s Jen Wieczner, who wrote the profile of McKeever, reports that the corporate governance guru doesn’t really like talking about her gender, but there’s no doubt that being a woman has made her a groundbreaker on Wall Street, and that’s something to celebrate.
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EUROPE/MIDDLE EAST/AFRICA
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| Down with Brown? |
| This article argues that Theresa May, often compared to Margaret Thatcher, is starting to strike more of a resemblance to Gordon Brown, who was known for delaying decisions and alienating colleagues. I'd argue that it's a somewhat harsh critique for someone who's two months into a leadership challenge of nearly unprecedented proportions. |
| Bloomberg |
THE AMERICAS
| Another mess for Marissa |
| Marissa Mayer, who recently negotiated Yahoo's sale to Verizon, had what might be her worst day yet as CEO yesterday. Yahoo admitted that information for at least 500 million user accounts was stolen from its network in 2014 in what's believed to be biggest data breach ever. |
| Fortune |
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| Go on, laugh a little |
| Hillary Clinton appeared on the online series Between Two Ferns with Zach Galifianakis, where the comedian grilled her with questions like, “Any regrets over losing the Scott Baio vote?” and, “What happens if you become pregnant?" Clinton played along with the bit surprisingly well. Her appearance was another effort to woo young voters, but it also managed to inject some (much needed) comic relief into the election cycle. |
| Fortune |
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| Taking a knee |
| The Colin Kaepernick-inspired national anthem protest sweeping the U.S. made its way to the WNBA playoffs when the entire Indiana Fever team knelt during the song. WNBA president Lisa Borders says she "supports" the players expressing their views, but the league has exhibited a murky and evolving stance toward players' statements on social issues this year. |
| Fortune |
ASIA-PACIFIC
| Abandoning ship |
| Choi Eun-young, the former chairwoman of Hanjin Shipping Co., and her two adult daughters are under scrutiny for dumping shares in the now bankrupt company this spring as Hanjin entered choppy financial waters. The move saved the Choi family at least $1 million in losses, but state prosecutors in South Korea are now investigating it as a case of insider trading. |
| Wall Street Journal |
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| Schooled in fish |
| This story examines the unexpected rise of Susi Pudjiastuti, Indonesia's fisheries minister who happens to be a self-made lobster tycoon. |
| Financial Times |
IN BRIEF
| Meet the Muslim YouTuber who's proving modesty can be fashionable |
| Buzzfeed |
| Female rappers take a stand in Mexico's capital of violence against women |
| Guardian |
| Russian hackers are suspected of leaking Michelle Obama's passport online |
| Fortune |
| Beyoncé’s biggest project yet: CEO |
| Wall Street Journal |
PARTING WORDS
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| Designer Tory Burch, in an op-ed that encourages other employers to replicate her decision to give workers time off to vote |
