New Land O’Lakes CEO makes history

There’s a first for everything, and the Land O’Lakes company has hit a major company milestone.

According to HuffPost, the Minnesota-based company has named Beth Ford its new CEO, becoming the first openly gay woman to lead Land O’Lakes in its history. Ford explained her pride in the promotion to CNN, says HuffPost, especially that it’s considered “an important milestone by many LGBTQ rights advocates.”

“‘I made a decision long ago to live an authentic life,’ said Ford, whose resume includes stints at International Flavors and Fragrances, Mobil Corporation, PepsiCo and Pepsi Bottling Company and Scholastic. ‘If my being named CEO helps others do the same, that’s a wonderful moment.'”

While HuffPost points out that Ford joins Apple’s Tim Cook and Dow Chemical Company’s James “Jim” Fitterling as the third openly gay person to take the helm of a Fortune 500 company as its CEO, she is the only woman to do so.

Deena Fidas, director of workplace equality for the Human Rights Campaign, expressed her the magnitude of Ford’s promotion this way:

“This is not a story of someone getting into the higher echelons of leadership and then coming out,” she told CNN. “This is someone walking into this role with her full self.”

Advertisements

GM to get female CFO, CEO

With a female CEO leading the company since 2014, General Motors is about to get a new woman in charge.

According to CNN, GM has announced that Dhivya Suryadevara will be their new CFO, joining CEO Mary Barra in leading the Fortune 500 motor company. The move also puts GM in exclusive company, says CNN, with Hershey being the only other Fortune 500 company to have both a female CEO and CFO.

As for Suryadevara, CNN says she “joined GM in 2005 and has been vice president of corporate finance since July 2017,” and her recent promotion will have her replacing Chuck Stephens, who had been CFO since 2014.

While putting a woman in a position of power is significant, Anna Beninger, senior director of research and corporate engagement partner at Catalyst — a “non-profit studying women and work” — told CNN that this move is even more rare.

“Any time a woman brings on another woman, it’s notable. It should be acknowledge, and celebrated.”

Amen to that!

Stefani closer to unveiling beauty line

Gwen Stefani may have a makeup line in the works — or at least that’s what the trademark filings indicate.

According to Glamour singer, designer and The Voice judge reportedly filed trademark documents in back in March to start work on her own beauty line. Filing the documents for “P8NT” — pronounced “paint” —  Glamour says Stefani has registered the trademark for 21 product categories solely in makeup, which range from “lipstick and lip balm to fake eyelashes and fake nails to ‘eyebrow gloss.'”

But the line doesn’t seem to end there: Glamour reports that the United States Patent and Trademark Office filing indicates a potential 31 product in skincare, registering for “toner, masks, moisturizer, essential oils, sunscreen, depilatory creams, bath oil, and ‘bath powder.'”

And don’t think Stefani forgot two other very important areas; in hair, Glamour reports seven product categories, including “‘hair waving lotion,’ hair color remover, box dyes, shampoo, rinses, and conditioner,” while the filing also made mention of perfumes and incense.

Looks like this line is shaping up to be bananas — B-A-N-A-N-A-S.

Bumble creator takes on professional networking with Bumble Bizz

Networking and working your way up with corporate ladder is getting a little easier, thanks to a new venture by Bumble.

According to Vogue, Bumble creator Whitney Wolfe Herd launched Bumble Bizz, a “new sector of the app that borrows the perks of online dating—like geo-targeted matches and left and right swipes—and drops them into the career sphere,” something that came about after users of the original Bumble started utilizing the app to find jobs and network with others in their desired industries.

And in keeping with the true spirit of Bumble, Herd told Vogue that Bumble Bizz will allow women to hold the decision-making power.

“Networking is extremely masculine,” she said. “It’s a vulnerable thing to admit to, but even I experience feeling super insecure around certain masculine meetings. So, we put women in control. Women will make the first move on Bumble Bizz as well.”

Beyond allowing women to decide what networking opportunities they’d like to pursue or dismiss, Herd explained to Vogue that the interface removes common barriers to networking and finding (as well as securing) the perfect job. From time constraints faced by working women to personal details — like age — Bumble Bizz allows all women to have a fair shot at advancing their careers.

“Agism is a real thing. Only certain people in their early 20s are getting the job. We want everyone to have equal opportunity and feel empowered to get into the networking world,” she said. “I think it’s great for someone like my mom, who chose to stay at home with their children for 20 years, and now maybe they want to get back into whatever industry they were in before they had kids. We don’t think that it is necessary to let your qualifications be determined by how old you are.”

Even with all of these features, what Herd said it all boils down to is giving women the ease of access to achieving the careers of their dreams.

“We really wanted to build the opportunity to be at the right place at the right time all day, every day, no matter where you are,” she told Vogue. “This is your chance to get your foot in the door all day, every day.”