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."
Northwestern Mutual’s A.I. and money report shows that consumers want their adviser to take advantage of ‘superpowers’ granted by artificial intelligence tools.
The FDRA is a trade association that supports nearly 500 brands worldwide including Nike, Adidas, Walmart, and Target and represents over 90% of US shoe sales.
Lead Analyst at TVREV, Alan Wolk, joins Cheddar to discuss the latest in media and business news, including why business at the box office may be slowing down.
With stubborn inflation sticking at about 2.8%, there’s a chance that the Fed won’t cut rates this year. That might be the smarter choice in the long run.