Plus, inside Julia Stiles’ new role: director |
As the response to the California wildfires has become politicized—with folks pointing fingers at Governor Gavin Newsom and LA mayor Karen Bass—one billionaire couple is also getting a portion of the blame: Lynda and Stewart Resnick, owners of the Wonderful Company, America’s largest pistachio and almond seller. Both are notoriously water hungry crops, and the Resnicks have some of the deepest pockets when it comes to purchasing water on the open market, which can drive up the price of water. But their influence within California’s water system has nothing to do with the burning of the Palisades and other fires around Los Angeles. |
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ICYMI: Stories From The Week |
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For years, female CEOs appointed to lead struggling companies have been described as being perched on a "glass cliff." The term describes a phenomenon where women are more likely to be appointed to leadership roles in times of crisis, setting them up for failure. Yet, new research that could alter the way society views female leaders finds that women are no more likely than men to be appointed chief executives at struggling companies.
Speaking of CEO appointments… Chief founders Carolyn Childers and Lindsay Kaplan announced this week that they are transitioning from their operational roles as CEO and Chief Brand Officer to strategic positions on the board. Alison Moore, most recently the CEO of Comic Relief US, will replace Childers as CEO.
And in other “new leadership” news, Forbes senior contributor Erin Spencer Sairam has a look at the women in the freshman class of the 119th Congress and which rookie representatives could become political heavyweights in the future.
Surbhi Sarna sold her last startup, nVision Medical, for $275 million. Now she’s leaving a partner role at Y Combinator to launch Collate, a startup aiming to automate the tedious parts of running a life sciences business.
Julia Stiles has remained an on-screen force for years (you know her from 10 Things I Hate About You, Save the Last Dance and the Jason Bourne film, to name a few), but recently, the actor has stepped into an entirely new role: directing. Stiles recently spoke to Forbes entertainment contributor Jeff Conway about how she was able to turn her longtime directing aspirations into a directorial debut. |
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| | 1. Work through the grief that comes with selling a business. Finding a buyer for your business can be a financial coup, but a lesser spoken part of the acquisition process is the grief that can come when you let go of something you’ve spent so much time building. Here’s what to know about navigating these emotions. |
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| Former Florida attorney general Pam Bondi appeared before the Senate Judiciary Committee this week for questioning as part of her confirmation process for U.S. attorney general in the Trump Administration. If Bondi is confirmed by the Senate, she’ll be the third woman to hold the position in U.S. history. Who was the first? | A. | Loretta Lynch | B. | Sandra Day O’Connor | C. | Kamala Harris | D. | Janet Reno |
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Join us in Abu Dhabi March 5-8 for the 2025 Forbes 30/50 Summit and our celebration of International Women’s Day. Past Summit voices include Hillary Clinton, Shania Twain, Gloria Steinem, Tyra Banks, Huda Kattan and many more. Register today! |
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