Good morning, Broadsheet readers! Instacart’s valuation is slashed, the Blue Angels bring onboard their first female pilot, and we have all the details on this year’s upcoming Most Powerful Women list. Have a great Wednesday.
– Making a list. It’s that time of year again: we’re preparing to put together Fortune’s Most Powerful Women list, which will publish this fall.
An annual endeavor dating back 25 years, the MPW list ranks the female executives wielding the most power in business. Last year’s list featured CVS Health CEO Karen Lynch in the No. 1 slot, joined by execs like Citi CEO Jane Fraser and Walgreens chief Roz Brewer.
The ranking is based on five criteria: the size and importance of the woman’s business in the global economy, the health and direction of the business, the arc of the woman’s career, her social and cultural influence, and how she wields her power to shape her company and the world beyond.
In the past, we’ve run the U.S. MPW list and an international version—but this year, those will be combined into one list of 50 executives. That makes the list a bit more competitive, but we’re looking forward to introducing longtime readers of the domestic list to some of the figures shaping global business.
The MPW list will publish in the October/November issue of Fortune. We’ve started to hear questions from some of you about how to nominate an executive for the list. We’d love to hear from you about executives who should be on our radar, whether they’re longtime listees or have recently stepped into a new role. To do so, please send the following information by August 10 to [email protected]:
• The executive’s title, to whom she reports, her responsibilities, and how many employees she oversees
• What country she’s based in
• The candidate’s bio, including corporate boards or boards of other influential organizations
• Specific accomplishments from the past year
• The company’s annual revenue and profit
• If the candidate is the head of a division, the division’s annual revenue and income
• A description of how the candidate has, in a professional context, used her power to advance the interests of employees, the community, or society at large. (Examples might include: creating a program or business unit that serves a disadvantaged population, measurably reducing the company’s carbon footprint, or creating new hiring pipelines that have resulted in a more diverse workforce.)
Please send the above in no more than 750 words—again, that’s by August 10 to [email protected].
For those following along, we look forward to sharing the list with you this fall!
Emma Hinchliffe
[email protected]
@_emmahinchliffe
The Broadsheet is Fortune’s newsletter for and about the world’s most powerful women. Today’s edition was curated by Paige McGlauflin. Subscribe here.
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- Instacut. Instacart’s valuation was cut to $14.7 billion by its investor Capital Group, well below a prior valuation of $24 billion. The grocery delivery service, led by CEO Fidji Simo, benefitted from pandemic-related demand and reached a peak valuation of $39 billion in March 2021. However, slow growth and rising inflation and interest rates led to the firm slashing its own calculation by 40% just one year later. Bloomberg
- Necessary disobedience. Democratic Reps. Alexandria Ocasio-Cortez, Ilhan Omar, and Rashida Tlaib were among 16 lawmakers arrested during an abortion rights protest outside the Supreme Court on Tuesday. The lawmakers marched alongside activists to the Supreme Court and were arrested for blocking traffic at an intersection near the court. “The least I can do is put my body on the line for the 33 million women at risk of losing their rights," Rep. Carolyn Maloney (D-N.Y.) said in a statement after her arrest. Business Insider
- Tricky negotiations. Isabel dos Santos, the daughter of former Angolan president José Eduardo dos Santos, is demanding all criminal cases against her family end, following the recent death of her father. Dos Santos, once considered the richest woman in Africa, was fired as chairwoman of the country’s state-owned oil company Sonangol, and her assets were frozen in both Angola and Portugal. In exchange for the end of criminal cases, Dos Santos says the family will return the former president’s body to Angola, a move likely to bolster support for the ruling party ahead of an election. Bloomberg
- Making headway. The Navy named Lt. Amanda Lee as one of its new pilots serving in the famous Blue Angels aerobatics team on Monday. Lee is the first woman to serve as a pilot in the Blue Angels' 76-year history, and her first event will likely be next year. She currently serves on the Strike Fighter Squadron 106 flight demonstration team, also known as the Gladiators. NBC News
MOVERS AND SHAKERS: Dana Canedy is stepping down as publisher of Simon & Schuster after two years in the role, effective July 27. Carolyn Everson, the former Instacart president and Facebook executive, was elected to the Coca-Cola Company’s board of directors. The Atlantic has hired former Condé Nast head of marketing Alice McKown as publisher and head of its sales and marketing division, and former Google Play head of platform partnerships Mary Liz McCurdy as SVP of strategic partnerships and business development. Sanam Heidary, managing director and global head of communications for Capital Markets, has been appointed vice president of corporate communications for RBC. Charter has appointed Emily Goligoski as head of research and Sarah Janowsky as head of business operations. MariaDB Corporation has hired Christine Napoli as chief financial officer, and appointed Christine Russell to its board of directors. Forbes Travel Guide has appointed Amanda Frasier as president of ratings.
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- Stream on. Comedian Mo’Nique will film her first comedy special with Netflix, just one month after reaching a settlement with the streaming giant for alleged pay discrimination against Black women. The lawsuit, settled for an undisclosed sum, was brought forth after Mo’Nique declined an opening offer of $500,000 for a one-hour show to which Netflix would have complete copyright and audio-only rights. Hollywood Reporter
- Terms of service. Twitter censored but otherwise refused to remove multiple tweets from GOP Rep. Marjorie Taylor Greene misgendering and attacking Adm. Rachel Levine, assistant secretary for health for the Department of Health and Human Services, on Monday. The social media giant, which suspended and banned Greene’s personal account in January, has a policy of hiding tweets from elected officials that would otherwise be removed under its terms of service. LGBTQ civil rights group GLAAD has condemned Twitter’s decision, claiming some politicians will push transphobic rhetoric as part of their election strategy. Axios
- Comeback kicks. The U.S. women’s national soccer team beat Canada 1-0 on Monday night in Mexico, winning the CONCACAF W championship and securing their spot in the 2024 Summer Olympics in Paris. The upset comes one year after Canada beat USWNT 1-0 in a late penalty in the Tokyo Olympics, and eventually secured its first gold medal. New York Times
- Unacceptable treatment. Sesame Place, a Sesame Street theme park in Bucks County, Penn., issued an apology after a woman claimed a park performer intentionally ignored her Black daughters in a viral video. The park wrote on Sunday that the costumes performers wear can make it difficult to see everyone and that the performer’s “no” gesture seen in the video was directed at another parkgoer. But after the family rejected the apology and Sesame Workshop, the nonprofit behind Sesame Street, said the children’s treatment was “unacceptable,” the park said it will conduct diversity, equity, and inclusion trainings for its employees. Washington Post
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