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Broadsheet

The Broadsheet: April 10th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
April 10, 2017, 8:00 AM ET

Good morning, Broadsheet readers! TaskRabbit is looking to sell itself, Irene Rosenfeld may be stepping down from the top job at Mondelez, and the government says Google is systematically paying women less. Have a productive Monday.

EVERYONE'S TALKING

•Googling the gap. The U.S. government is suing Google for allegedly paying women less than men—or as Department of Labor regional director Janette Wipper put it in court, creating "systemic compensation disparities against women pretty much across the entire workforce."

The charges come as part of a lawsuit the DOL filed against Google in January seeking access to the company's compensation data and related personnel records. As a federal contractor, Google is required to permit the government to inspect records relevant to its compliance with equal opportunity laws, which the DOL says the company has refused to do.

Google strenuously denies the unequal pay charge, telling Fortune: "Every year, we do a comprehensive and robust analysis of pay across genders and we have found no gender pay gap. Other than making an unfounded statement which we heard for the first time in court, the DOL hasn’t provided any data, or shared its methodology.”

While it's too early to know which side has its facts straight, we'll likely learn more eventually, since the DOL's investigation is ongoing. Meanwhile, it's interesting to note that the government's allegation comes just days after Google announced that it had "closed [its] gender pay gap globally" and is working to help other companies do the same. Fortune

ALSO IN THE HEADLINES

•Goodnight, Irene?Mondelez International is reportedly preparing to look for a successor to CEO Irene Rosenfeld. The company has retained an executive search firm and its board has discussed external candidates who could replace Rosenfeld, 63, who as recently as February said she had no plans to leave her post. Fortune

•Tasked with a sale. TaskRabbit, led by CEO Stacy Brown-Philpot, is seeking a strategic acquirer that could help expand its market. The company has hired Bank of America Merrill Lynch to advise on a possible sale after a recent funding round generated inquiries from an unidentified potential buyer. There are now reportedly multiple interested buyers. Fortune

•Fox lawyers up. 21st Century Fox has enlisted the law firm Paul, Weiss, Rifkind, Wharton & Garrison to investigate at least one accusation of sexual harassment against Fox News host Bill O’Reilly. The move was prompted by Wendy Walsh, a former O’Reilly Factor guest, who called 21st Century Fox’s anonymous hotline to report charges against the host last week. According to Claire Cain Miller of the New York Times, sexual harassment victims rarely make such reports—even when they're anonymous. She digs into the research around why women so often choose to remain silent.

•Rank and file. Blendoor, a startup led by Stephanie Lampkin, just released a ranking that orders tech companies by an "equity, diversity and inclusion rating." Cisco, PayPal, and Yelp are among the highest scorers. Blendoor

MOVERS AND SHAKERS: K. T. McFarland, the former Fox News commentator appointed by President Trump as deputy national security adviser, is expected to leave that position soon and may be nominated to be the U.S. ambassador to Singapore.

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.

•Comic relief. Adjusting to a new team after getting a promotion took time for Kammi Skrzypek, head of northern territory at Farmers Insurance. Her strategy for building trust with employees? Have a sense of humor. Fortune

•Own it. Evin Shutt, COO and partner at 72andSunny, talks about a time when the company’s now-CEO gave her some advice: The sooner you stop believing that everyone else knows more than you do, the sooner doors will open for you. Fortune

•Talk the talk. Kara Sweeney Egan, senior associate with Emergence Capital, says she learned early on to talk to lots of different people, both at and outside of work. Doing so could help you discover an entirely new career path. Fortune

IN CASE YOU MISSED IT

•Fitzpatrick's family office. Dawn Fitzpatrick is the new chief investment officer of Soros Fund Management, which manages around $26 billion of George Soros’s personal and family wealth. She began her career in 1992 at O’Connor & Associates, ultimately rising up the ranks to become one of the most powerful women on Wall Street. New York Times

•Her finger's on the trigger. U.S. Navy Admiral Michelle Howard oversaw the U.S. missile strike on a Syrian airbase last week. She says the attack destroyed the means to deliver chemical weapons from that base, and that the U.S. military remains ready to carry out further strikes if needed.  Fortune

•He said, she said. Appearing on CNN Sunday, U.S. Ambassador to the United Nations Nikki Haley said the U.S. does not see a peaceful political resolution for Syria's civil war as long as Assad remains in power. Her statement seemed to conflict with one made yesterday by Secretary of State Rex Tillerson, who told ABC News that the Syrian people will eventually decide Assad's fate. Washington Post

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ON MY RADAR

Additional security for Betsy DeVos may cost up to $7.8 million Fortune

The U.K.’s new ‘rape clause’ forces moms to prove a child was conceived without consentFortune

Woman standing in defiance of far-right protestor goes viral The Guardian

Hillary Clinton will be the commencement speaker at Medgar Evers CollegeMotto

QUOTE

When women succeed, we all succeed, and when women are paid more, our entire economy thrives.
New York Governor Andrew Cuomo on his goal of closing the gender wage gap
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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