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Broadsheet

The Broadsheet: April 13th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
April 13, 2017, 8:03 AM ET

Good morning, Broadsheet readers! Maine Sen. Susan Collins is eyeing a governorship, the controversy over Fearless Girl continues, and female CEOs are closing their pay gap. Have a fantastic Thursday.

EVERYONE'S TALKING

• Pay day. Equilar's latest list of the highest-paid CEOs of 2016 is out—and four of the top 10 are women.

Oracle's Safra Catz of Oracle comes in at No. 5 with nearly $41 million, HPE's Meg Whitman at No. 6 with nearly $33 million, IBM's Ginni Rometty at No. 8 with $32.3 million, and PepsiCo's Indra Nooyi at No. 10 with just over $25 million. (All, it may go without saying, also appear on Fortune's Most Powerful Women List.)

The 2016 top 10 includes twice as many women as made the cut last year. Women also came out on top when you look at median comp for the top 100 best paid; the women who made that list brought home a median $21.2 million in 2016, compared to a median $14.4 million for their male counterparts. Of course, that has a lot to do with the four women at top—just nine of the best-paid 100 chiefs are female.

Whether or not you believe executives deserve such massive paydays (CEO pay was up a median 6% in 2016—the greatest growth seen since 2013), it seems that, at least at the very tippy top, the gender pay gap is actually starting to close. Fortune

ALSO IN THE HEADLINES

• Catching up with Catz. Speaking of Safra Catz: Members of President Trump's team discussed a couple of administration jobs—including U.S. Trade Representative and Director of National Intelligence—with the Oracle co-chief executive. While Catz didn't end up taking a formal role, she did act as a member of the administration's transition team. Bloomberg

• Insta's efficiency guru. This Wall Street Journal profile of Instagram COO Marne Levine explains how she helped the app avoid some of the pitfalls of rapid growth (CEO Kevin Systrom calls her an "efficiency guru") and draws parallels between her working relationship with Systrom to another famous Silicon Valley pairing: Facebook's Sheryl Sandberg and Mark Zuckerberg. WSJ

• Permanent vacation? Bill O'Reilly made a surprise announcement on Tuesday night's The O'Reilly Factor, saying he's taking what he described as a vacation from the show. The reports on the meaning of his sudden hiatus vary—some say it's related to the sexual harassment charges against him, while others say it's nothing more than a pre-planned break. Fortune

• Governor Collins? Maine Sen. Susan Collins is seriously considering running for governor in 2018, though she says she will not make a final decision about entering the race until later this year. Collins has gained prominence this year for opposing the conservative wing of her party on some issues. Fortune

• Leading from the front. Actionable Change, a group of more than 400 female Marines and Marine veterans, is pressing for an end to misogyny in the Marine Corps in the wake of the nude photo-sharing scandal. The group says it hopes to “lead from the front” in making the Corps a better place for women.  Washington Post

IN CASE YOU MISSED IT

• Hillary's heels. Hillary Clinton's post-election career move is...foot model? Katy Perry Instagrammed the former secretary of state wearing a pair of shoes from her new line. The style's name: The Hillary. Fortune

• Seeking Ivanka. This Bloomberg story explores how retailers "play hide and seek" with Ivanka Trump brand items. Here's how the game goes: Take the items off the seller's site, but continue to sell them in stores—an attempt to pacify both the first daughter's supporters and her detractors. Bloomberg

• Eye of the beholder. Arturo Di Modica, the sculptor of Wall Street's "Charging Bull," held a press conference yesterday, calling on New York City to remove the "Fearless Girl" statue, which he described as a "negative" symbol of fear. Time

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ON MY RADAR

RNC Chair Ronna Romney McDaniel looks to defend GOP majorities  The Hill

Rolling Stone settles lawsuit over debunked campus rape article  New York Times

Will Jean Afterman be baseball's first female GM?  ESPN

The Chicago Tribune referred to Aaron Rodgers as the 'boyfriend' of Olivia Munn—and men flipped out  Mic

QUOTE

Men who don’t like women taking up space are exactly why we need the Fearless Girl.
NYC Mayor Bill de Blasio, in response to complaints from the sculptor of 'Charging Bull'
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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