FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Posts Tagged ‘Patricia Sellers’

Marissa Mayer Grabs Third Spot on Fortune Magazine ‘40 Under 40’

Being ranked right behind Google’s Larry Page and Facebook’s Mark Zuckerberg is a position any 37-year-old new mom would envy. For Yahoo CEO Marissa Mayer, it’s just the latest bit of remarkable news in a truly remarkable year.

The former Google exec is number three on Fortune magazine’s just-released “40 Under 40” hit list. For the accompanying sidebar profile, reporter Patricia Sellers talked to dozens of friends, colleagues and acquaintances about Yahoo’s fourth chief executive in five years (and youngest leader of any Fortune 500 company):

“When Marissa became captain of the pompom squad, she wasn’t in with that clique of girls, but she won them over in three ways,” recalls Abigail Garvey Wilson, Mayer’s best friend from childhood. “First, sheer talent. Marissa could choreograph a great routine. Second, hard work. She scheduled practices lasting hours to make sure everyone was synchronized. And third, fairness. With Marissa in charge, the best dancers made the team.”

Read more

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!

Yahoo’s New CEO… is Pregnant!

Hours after news broke today of Marissa Mayer’s surprising appointment as CEO of Yahoo, Fortune’s Patricia Sellers shares a shocking, exclusive extra detail. Mayer is pregnant, due to deliver a boy on October 7:

Mayer’s husband is Zachary Bogue, a lawyer who traded practicing law to invest in “big-data startups,” she says…

Mayer first disclosed to the Yahoo board that she is pregnant in late June, in a meeting with Michael Wolf, a member of the board’s four-person CEO search committee. A meeting with the search committee followed, and then Mayer met with the full board last Wednesday. None of the Yahoo directors, she says, revealed any concern about hiring a pregnant chief executive. “They showed their evolved thinking,” says Mayer, who got the phone call last Thursday that she was the board’s choice to be CEO.

Read more

Fortune Magazine Honors the Most Powerful Women

Jemal Countess/Getty Images.

Last night was Fortune magazine’s dinner for its “Most Powerful Women,” and it was a gathering of some of the most accomplished women in their fields. Among the leaders were Xerox CEO Ursula Burns, Wal-Mart Chief People Officer Susan Chambers, and Google VP Marissa Mayer. Also in attendance at the star-studded affair were Fortune‘s managing editor Andy Serwer, Chelsea Clinton, pictured right, Barbara Bush, Barbara Walters, and Meredith Whitney.

The key purpose of the event was not just to honor these female leaders in the field, but to introduce 26 younger women, all of whom are rising stars in developing nations, and who are currently being mentored in a global program that Fortune runs in partnership with the U.S. State Department.

The headline interview was between Patricia Sellers and Ursula Burns about Burns’ amazing journey from being an intern at Xerox to ultimately its CEO, making her the first black female CEO of a Fortune 500 company. Her advice to the mentees? “Do what you love.”

Read more

Ousted Cathie Black talks to Fortune About Making a Comeback

After being ousted as the chancellor of New York City public schools after merely 95 days, former Hearst magazines boss Cathie Black granted one of her first interviews to Fortune, and seemed to be in good spirits.

“It was like having to learn Russian in a weekend — and then give speeches in Russian and speak Russian in budget committee and City Council meetings,” she said about her brief stint in the public sphere.

Before managing magazines, including Cosmopolitan and Oprah’s O, Black also built USA Today for Gannett. But her media success has not shielded her from the barrage of criticism since she began the chancellor post.

“And the worst pictures!” Black told Patricia Sellers, “obviously referring to a horrid closeup shot of her on a February cover of New York magazine.”

Read more

Doris Kearns Goodwin, Bo Dietl and The Post-Election Posse

1003_mockup.gif

— DIANE CLEHANE

The votes are in and this week’s big winner is Michael McCarty whose dining room has been packed every day with A-list celebs  and politicos of every stripe in town this week to dissect every nuance of election night. The star of Monday’s lunch was none other than Jessica Lange, and on Tuesday James Carville, Cokie Roberts and Tina Brown made the scene. Kirk Douglas was also spotted accepting well wishes for son Michael Douglas, who is keeping a low profile having just finished his treatment for throat cancer.

Today, politics were the topic and I overheard plenty as I made my rounds in the dining room. “Who the hell knows what this all means?” said one shell shocked Obama supporter of the midterm election results. His friend wearily replied, “It’s over. The president is in for it now.” An interested party across the room offered this assessment: “The Republican Party may think this is their time, but they’ll shoot themselves in the foot. You’ll see. ” Another friend told me, “Until we stop thinking of ourselves as a red nation or blue nation and figure out this is a red, white and blue country, we’re screwed.”

At my table, we avoided politics and stuck to dissecting the latest moves in media. My good friend Andy Amill, who this summer got a much deserved promotion and is now Vice President of Weight Watchers Media Group overseeing all print and digital media, is feeling pretty optimistic these days. And he’s got reason to be. It seems celebrity pitch woman Jennifer Hudson, who sensibly shrunk down from a size 16 to a svelte size six on the tried and true program, has been a home run for the brand. “The impact of Jennifer Hudson has been phenomenal,” Andy told me. “We’ve seen an increase in membership at meetings and on-line and an increase in magazine sales.” And, unlike the usual blink-and-you miss-’em celeb endorsement deals, Andy reports that the divine Ms. Hudson will be sticking around to spearhead some top secret programs the company will unveil in 2011.

Here’s the rundown on today’s crowd:

1. The Early Show: Dr. Gerald Imber, Jeff Greenfield, Andy Bergman and Michael Kramer. Second seating: My pal, attorney Suzanne Bracker, and Dan Wassong.

2. Peter Brown and Michael Holtzman

3. Fortune‘s Patricia Sellers — whose cover story last month on Oprah‘s next act still has people buzzing – and, we’re told, John Needham.

4. Felicia Taylor with another chic blonde gal we didn’t recognize.

Read more

Former HuffPo CEO On Departure: “Bummer”

morgan.pngOn Monday, the Huffington Post announced that it had named a new CEO, longtime board member and venture capitalist Eric Hippeau. Current CEO Betsy Morgan, who joined the online publication in October 2007 from CBSNews.com, would be stepping down and relinquishing her own spot on the HuffPo board, the company reported.

When we spoke to HuffPo founder and namesake Arianna Huffington later that day, she told us the move had been in the works for awhile and that the split was amicable. Morgan, on the other hand, told Fortune‘s Patricia Sellers that “her firing came as a surprise to her.”

“Bummer,” Morgan told Sellers, although she made a point to say that she was not bitter about her dismissal. Morgan is also unsure what she’s going to do next. “My biggest question is do I help fix an old media business or do I help grow a new one?” she said.

Meanwhile, The New York Observer has an interview today with new CEO Hippeau, who has been tasked with the job of turning a profit at HuffPo. Traffic and ad revenues grew tremendously under Morgan, but the company has get to make a profit.

“I don’t think we really need to fix very much,” Hippeau told the Observer. “I think the Huffington Post is doing quite well, and you can tell that by the metrics. I’m not here to fix it; I’m here to grow it.”

Earlier: Updated: Huffington Post Gets New CEO