The statistics of women in executive levels are staggering. JPMorgan Chase's Chief Marketing Officer Kristin Lemkau explains how she is championing change within her company, and across the financial industry.
"There's no substitute for representation," says Lemkau. "It's really important to have the right kind of women in those jobs who will be really honest about some of the challenges that it takes to get there, and not pretend the myth 'we have it all.'"
Women hold only 23% of executive posts with the word "chief" in the title, according to consulting firm Korn Ferry. But only 3 percent of women of color are in the C-Suite, according to McKinsey & Company.
"We are entering a new era of sisterhood where women really look out for each other," says Lemkau. "I think whether it's the women's march, or me too, or times up its changing across industries and women have realized if we stick together there's going to be much more power in the pack than in the individual."
Archegos's Bill Hwang turned $10 billion into $160 billion into nothing. Plus: Intuit's layoffs, Elon's travails, Boeing's bad week, Jerome Powell, and mor
Language learning apps surged in 2024, with Babbel offering interactive lessons, vocabulary practice, and grammar exercises for effective language acquisition.
The Mind-Money Connection explores how managing finances can boost happiness and uncover the real impact personal finances have on mental health and well-being.
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou
Target will no longer accept personal checks from shoppers as of July 15 in a sign of how a once ubiquitous payment method is going the way of the dodo.