The Broadsheet: August 2nd

EVERYONE'S TALKING

•Irene's leaving the field. Mondelez International CEO and chairman Irene Rosenfeld—No. 9 on Fortune's list of Most Powerful Women—will step down as chief executive in November and as chairman in March, she tells Fortune in an exclusive interview. She’ll be replaced by her successor, Dirk Van de Put, currently the president and CEO of McCain Foods.

"I care deeply about the company,” she told Fortune's Beth Kowitt Tuesday, “and I wasn’t ready to retire until we found the right successor.” She told Kowitt that the search was a multi-year process that considered both internal and external candidates.

Rosenfeld, a 35-year industry stalwart, took big and transformative bets over the course of her career. After becoming CEO of Kraft in 2006, she acquired Cadbury for nearly $20 billion in 2010 and subsequently split Kraft in two to create Mondelez, which encompasses Kraft's former snacking businesses and includes brands like Oreos, Triscuits, and Trident gum.

Throughout her tenure as chief, she contended with activist investors—including Bill Ackman and Nelson Peltz—commodity and currency swings, and geopolitical turmoil. However, she says the most uncertain time in the food industry is right now, as consumers are shifting at an “unbelievably rapid” pace toward health and wellness while simultaneously becoming more starved for time.

The 64-year-old says she doesn't have concrete plans for what she'll do come November, but seems excited to take a step back. "I would simply say the intensity of being on 24/7 is something I will not miss," she says. Fortune

ALSO IN THE HEADLINES

•Health providers get political. Medical professionals across the country are running for a variety of elected offices—from Congress to City Council—in next year's midterm elections. Many are Democrats hoping to ride the wave of public outrage over the health care fight—and a notable number are women. Refinery29

•Let him do the dishes. We know that women spend more time doing housework than their male counterparts. This fact doesn't just hurt women (who have less free time as a result) but productivity as a whole, according to a new National Bureau for Economic Research study. If labor was allocated in a gender-neutral way, output per hour would increase by 5.4%, as people would make better use of their time. Fortune

•Mika gets personnel.Morning Joeco-host Mika Brzezinski called for President Trump's family members serving in the White House to get pink slips. "It's time for Donald Trump's family members to get out of the way and let professionals run the White House," she wrote in a tweet Tuesday. Brzezinski frequently airs criticism of the president on her MSNBC show; in a series of tweets last month, he called her "Crazy Mika." Fortune

•Grandma's going to work. While labor force participation rates overall were on the rise between 1950 and 2000, older male workers have been steadily dropping out of the labor force. On the other hand, older women's labor force participation has steadily climbed and by 2024, women over 65 are projected to make up the same portion of the female workforce as their male counterparts. Quartz

•Berry's back! Just under a year after she left The Great British Bake Off, celebrity chef Mary Berry has announced that she will host a new cooking show on the BBC called Britain's Best Cook.Fortune

IN CASE YOU MISSED IT

•Not-so-merry old land of Oz. A national report released Tuesday on sexual assault and harassment at Australian universities—the first of its kind in the country—has revealed that 51% of all university students were sexually harassed at least once in 2016 and nearly 7% were sexually assaulted at least once in 2015 or 2016. New York Times

•Bigelow's take on Detroit. Kathryn Bigelow's newest film Detroit centers on the Motor City's race riots of 1967, and is due in theaters this Friday. In this Variety cover story, Bigelow—who, by the way, is the only woman to ever win an Oscar for directing—explains why she chose this particular subject matter: “I thought, ‘Am I the perfect person to tell this story? No...However, I’m able to tell this story, and it’s been 50 years since it’s been told.” (Bonus fun fact: The film is being produced by woman-run studio Annapurna Pictures.) Variety

•What women think. Glamour and L’Oréal Paris talked to 2,000 American women about self-esteem and their hopes for the future, and the results are heartening in some respects and disappointing in others, particularly when it comes to body confidence. For example, while 64% of the women surveyed said they’re happy with their overall appearance, half said losing weight would make them happiest—a pattern that held true for women at all weight levels. Glamour

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