Neiman Marcus Chief Karen Katz steps down | The Muse CEO: Close the funding gap for women entrepreneurs | Lululemon taps a top exec to lead the marketing team
February 13, 2018
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Neiman Marcus Chief Karen Katz steps down
Neiman Marcus Chief Karen Katz steps down
Katz (JP Yim/Getty Images)
Karen Katz officially stepped down as Neiman Marcus president and CEO after seven years in the post and more than three decades at the company. Katz, who will remain on the retailer's board, has led efforts to make the luxury brand relevant to younger consumers, expand its digital profile and bring more women into the senior management ranks.
The Dallas Morning News (tiered subscription model) (2/9),  Women's Wear Daily (subscription required) (2/9) 
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Women's leadership
The Muse CEO: Close the funding gap for women entrepreneurs
Closing the pay gap and ensuring that women receive more venture capital funding is key for empowering women in the business world, said Kathryn Minshew, CEO of The Muse. Investors should "read up on unconscious bias and actively seek out founders from diverse backgrounds," she said.
Quartz (2/6) 
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Lululemon taps a top exec to lead the marketing team
Lululemon Athletica has named Celeste Burgoyne to head its marketing team, succeeding Duke Stump who left the Vancouver-based retailer last year. Burgoyne has been with the company since 2006 and currently serves as executive vice president for the Americas.
Ad Age (2/7) 
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Women lead most large US public companies' HR efforts
Women comprise 60% of chief HR officers at the top 100 US companies by revenue and the majority of HR executives named in 2017, according to Russell Reynolds Associates data. Only seven of those 100 largest companies have a woman as CEO.
Bloomberg (free registration) (2/7) 
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Leading in a Disruptive World
Discover the impact of constant change and how senior leaders and their organizations need to evolve in order to thrive in a disruptive environment. Watch our virtual information session, "Leading in a Hyper-Connected, Disruptive Society" to learn how our upcoming senior executive experience, The Executive Program, will address these issues. Watch now.
Preventing women from being penalized for taking leave
Simply offering parental leave is not sufficient to promote gender equality in the workforce because women who use this benefit may be passed over for leadership opportunities, writes Cathy Barrera of ZipRecruiter. Offering strong incentives to encourage all employees to take parental leave could help address this issue.
Quartz (2/6) 
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Develop your mid-level leaders with NEW Rising Stars
NEW Rising Stars 2018, the Network of Executive Women's leadership development program for mid-career women in retail and consumer goods, offers a 360 assessment; orientation webinar; immersive onsite in Nashville, May 7-9; two interactive webinars; and one-on-one coaching sessions. Learn more and register online.
Changing workforce
40 companies pledge to advance women in the workplace
More than 40 executives from companies including Microsoft, Adobe and Mattel pledged at the MAKERS Conference in Los Angeles to make changes that would empower women in the workplace. Mattel plans to launch about 10 dolls celebrating real-life women in under-represented careers, while Adobe is on track to reach pay parity between men and women at its offices worldwide this year.
CNBC (2/7) 
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Gender balance shifts at Walmart as grocery business grows
Gender balance shifts at Walmart as grocery business grows
(Joe Raedle/Getty Images)
Walmart recently named Judith McKenna and Rachel Brand to top executive posts, but the percentage of women employees throughout the company has dipped, according to federal data. One possible reason for the decline -- Walmart has expanded its role as a grocery retailer, a segment of the industry that tends to employ more men than women, said labor economist Marc Bendick.
Bloomberg (free registration) (2/12) 
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Tips for making real progress on diversity
Progress toward gender diversity in the technology industry has been stubbornly slow, writes Women Who Tech founder Allyson Kapin, who offers suggestions that various stakeholders can use to address the issue. Entrepreneurs, for example, should address unconscious bias in the hiring process and make diversity a priority from the beginning.
Fast Company online (2/12) 
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The female consumer
Macy's to start selling modest fashion line it helped develop
Macy's will launch a ready-to-wear line of dresses, separates and hijabs designed for women who prefer to dress modestly. The Verona Collection was created by Lisa Vogl as part of the Workshop at Macy's, a program to develop diverse vendors.
Refinery29 (2/6) 
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Survey: C-store loyalty programs draw in women shoppers
Convenience store loyalty programs are proving a draw for female shoppers, according to a survey. Thirty-nine percent of respondents said they're enrolled in loyalty programs at their usual convenience stores, and 31% said they would sign up if their stores offered such a program.
Convenience Store News (2/8) 
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News from NEW
NEW and Accenture team up for women's leadership
NEW and Foundation partner company Accenture are joining forces to accelerate women's leadership and conduct research examining gender equality in the workplace. "Accenture has been with NEW since year one," NEW CEO and president Sarah Alter said, "and they have been a real partner in this workplace transformation journey, providing their support, guidance and insights, and helping us connect with other important players." Read the story.
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Boost your career with NEW Rising Stars
Mid-career women ready to take their next career step have until March 1 to register for NEW Rising Stars 2018, the Network of Executive Women's five-month learning program. Combining in-person executive coaching, interactive webinars and frank professional feedback, the program includes an on-site session in Nashville. Register now.
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