Good morning! In this article, we explore various aspects related to gender disparity in different industries and the remarkable achievements of some leading women. From the music publishing world to the space industry and beyond, these stories offer valuable perspectives.
Uncovering the Stories of Powerful Women in Business
Charting Progress in the Music Industry
In 2015, Jody Gerson made history by becoming the first woman to serve as CEO of a major music publisher, Universal Music Publishing Group (UMPG). With a portfolio including songwriters like Adele, Taylor Swift, SZA, and Elton John, as well as managing the catalogs of iconic acts like the Bee Gees and ABBA, UMPG has seen remarkable growth under her leadership. Annual revenue has more than doubled to $2 billion. Gerson emphasizes the importance of ensuring songwriters can earn a living while embracing new platforms. She also cofounded She Is The Music, a global nonprofit advocating for more women in the industry. She advises other women to learn from the ambition and self-assurance of Taylor Swift and other female artists.Moreover, UMG's recent move to pull its music from TikTok until better payment terms and AI protections were in place set a new precedent. This shows Gerson's commitment to safeguarding artists' rights and royalties as the industry evolves.Company Concerns at OpenAI
After the departures of CTO Mira Murati and safety systems chief Lilian Weng, female OpenAI employees have expressed concerns about gender disparity within the company. A written memo highlights one employee's worries regarding the retention and promotion of female staff, deeming the situation an emergency. This issue sheds light on the need for more gender equality in the tech sector.Healthy Competition in the Space Industry
SpaceX president and COO Gwynne Shotwell encourages competition in the space industry. With the company backed by Elon Musk dominating the global launch industry and Starlink approaching 5 million customers, Shotwell believes that while it's tough to catch them, competition is essential. Her perspective showcases the dynamic nature of the space business and the importance of pushing boundaries.Supporting Soccer for Women
Michele Kang, founder of Cognosante and owner of the Washington Spirit, is making a significant impact by investing $30 million over the next five years in the U.S. Soccer Federation to support women's and girls' soccer. This is the largest philanthropic gift in support of these programs and by a woman to the federation, highlighting her dedication to gender equality in sports.Big at the Box Office
"The Substance" is on track to bring in more than $70 million globally. Written and directed by Coralie Fargeat and starring Demi Moore, this body-horror genre film explores the pressures on women to stay young. It offers a unique perspective on the challenges faced by women in different fields.Movers and Shakers in the Business World
Clara Shih, who left her role as CEO of Salesforce AI, will lead a new business AI group for Meta. LUUM, an AI- and robotics-powered lash extension service provider, named Jo Lawson CEO. The Hollywood Reporter named Shirley Halperin coeditor in chief, replacing Nekesa Mumbi Moody. Labcorp appointed Julia Wang executive vice president and CFO. Canva named Kelly Steckelberg CFO. Greywolf Therapeutics appointed Darlene Deptula-Hicks as CFO. Stax named Amy Schoeman global head of HR. Congruex appointed Kathryn Ford as general counsel. These changes highlight the dynamic nature of the business world and the opportunities for women in various leadership roles.