Women in Business, Jobs, Women Entrepreneurs, Women in the News: News On Women

The "Wealth Gap" Holding Women Back According to Mariko Chang. Women only hold 36% of the Wealth of a Typical Man

Mariko Chang, author of Shortchanged: Why Women Have Less Wealth and What Can Be Done About It, spoke at the Clayman Institute for Gender Research at Stanford University about the "wealth gap" versus the "wage gap" for women. We are all aware that women are paid less than men, a woman today makes about 78 cents to a man's dollar for the same job. But the implications of this fact for the future are astounding. Being paid less along with holding jobs which traditionally don't offer extensive benefits and being charged higher interest rates on debt than men all contribute to the fact that women have only 36% of the wealth of a typical man. Mariko refers to this as the "wealth gap". I am amazed - 36%!! Listen to Mariko's explanation of the causes of the "wealth gap" and her suggestions of how we can fix it.You have to see this to believe it!

Anke Corbin Made Head of Marketing and Distribution at MapQuest

MapQuest, a wholly owned subsidiary of AOL Inc. (NYSE: AOL), appointed Anke Corbin Head of Marketing and Distribution. Anke had been Head of Digital Marketing and a Partner at Zenzi. Anke is a former Vice President of Marketing at TransWorld Media, and Director of Partnership and Consumer Marketing at Time4 Media, a division of Time Inc. Read more on denverpost.

Liz Bajema Working to Eliminate Counterfeit Malaria Drugs

The World Health Organization reports that counterfeit or substandard malaria drugs represent 50 % of the drug market in Africa. Liz Bajema, a chemistry major at St Mary's College, aims to do something about this problem. Liz, along with her professors, is working to develop a counterfeit detection tool that can weed out the counterfeit drugs. Read more about her work.

Major General Margaret Woodward First Woman to Run an Air Campaign for the U.S. Air Force

Major General Margaret Woodward is the first woman to be put in charge of an air campaign, the U.S. airstrikes in Libya. Maj. Gen. Woodward, who joined the Air Force in 1983, is Commander, 17th Air Force and U.S. Air Forces Africa. Read more about her career.

Judi Terzotis Made President and Publisher of the Fort Collins Coloradoan for Gannett Co.

Gannett Co., Inc. (NYSE: GCI) appointed Judi Terzotis President and Publisher of the Fort Collins Coloradoan. Judi had been Advertising Director at Gannett’s The Clarion-Ledger. Read more in the Business Wire press release.

Trish Stevens of Ascot Media helping Authors

Ascot Media Group and Reliant Public Relations recently teamed up in an effort provide book authors with publicity at low rates through a new plan they call ‘Author 333.’ Trish Stevens, Owner of Ascot Media, talks about her interest in helping authors.

"I honestly love what I do – it’s never a job, it’s more a challenge – a challenge to get some really deserving and talented people the attention they deserve. There are many different levels of service in the plans we offer at Ascot that are geared for first-time writers up to NY Times best-selling authors – we tailor each plan to suit the needs of the individual in order to get them the most ‘bang for their buck!’ I am especially excited about our latest plan, the Author 333. By teaming up with Reliant Publishing we believe we have come up with a plan that is going to be a phenomenal success. A plan, I might add, that is already proving successful after just two editions...It is so simple yet so effective. We write a 6-line ‘Teaser’ about the book and, with the author’s approval, we distribute it to tens of thousands of media personnel who have the ability to contact the author directly since his/her email and phone number are included... We are very encouraged with the results so far and trulybelieve it’s a win-win all around. Again, this plan helps ALL authors – male or female, best-sellers or first-time writers, non-fiction and fiction writers. I would say that the ratio of male to female authors that we handle is pretty much 50-50 so I like to think women have definitely found that our services have helped them in achieving their dream."

Diana Bald Made Senior Vice President, Director of Marketing at ID Media. Elaine Wong Made their Director of Communications.

ID Media, the direct response and digital media agency, appointeded Diana Bald (pictured) Senior Vice President, Director of Marketing. Diana had been Vice President, Business Development at Univision.(See press release). ID Media also appointed Elaine Wong as its Director of Corporate Communications. Elaine had been the Forbes media/marketing reporter. Read more in the prnewswire press release.

Dr. Reena Aggarwal Named to FBR Capital Markets Corp Board of Directors

FBR Capital Markets Corporation (Nasdaq:FBCM), headquartered in Virginia, appointed Dr. Reena Aggarwal to its Board of Directors. Reena is the Robert E. McDonough Professor of Business Administration; Professor of Finance, and Director of the Center for Financial Markets and Policy at Georgetown University's McDonough School of Business. Read more in the Globenewswire press release.

Peggy Prosser Made Executive Vice President, Sales at Azure Dynamics

Azure Dynamics Corporation, a developer and producer of hybrid electric and electric components and powertrain systems for commercial vehicles, appointed Peggy Prosser Executive Vice President, Sales. Peggy, who holds a Bachelor of Science degree in Mechanical Engineering and an MBA from West Virginia University, had been Global Customer Manager with Honeywell's Turbocharger Division. Read more in the prnewswire press release.

Meg Whitman Becomes Advisor at Kleiner Perkins Caufield & Byers

Kleiner Perkins Caufield & Byers (KPCB) announced that Meg Whitman joined the firm as a part-time strategic advisor, and will coach and advise entrepreneurs, and help evaluate new digital investments. Meg is the former eBay CEO. Read more in the Business Wire press release.

Nancy Dubuc, President of Lifetime Networks, announces Jennifer Aniston, Alicia Keys, Demi Moore and Patty Jenkins to direct the Lifetime Original Movie "Project Five"

Nancy Dubuc (pictured), President and General Manager of Lifetime Networks, announced that Jennifer Aniston, Alicia Keys, Demi Moore and Patty Jenkins have been signed to direct the Lifetime Original Movie Project Five, an anthology of five short films exploring the impact of breast cancer on people's lives. Jennifer Aniston, Marta Kauffman, Paula Wagner, Kristin Hahn, Kevin Chinoy and Francesca Silvestri will executive produce the Sony Pictures Television production. "We are proud to be partnering with this amazing creative team on a project of such importance and impact for women," said Helen Verno, Executive Vice President of Movies and Miniseries, Sony Pictures Television. Read more about it in the prnewswire press release.

Jillian Sheehan Made Executive Vice President and Chief Financial Officer at Textura

 Textura Corporation promoted Jillian Sheehan to Executive Vice President and Chief Financial Officer. Jillian previously served as their Senior Vice President of Finance. Read more in the prnewswire press release.

Julie Henderson Made Senior Vice President, Communications and Corporate Strategy at News Corp

News Corporation promoted Julie Henderson to Senior Vice President, Communications and Corporate Strategy. Julie had been Senior Vice President, Corporate Communications and Public Affairs. Read more in the Business Wire press release.

Whitney Velasco-Aznar Made Vice President of Marketing for Grocery Products at Hormel Foods

Hormel Foods Corporation (NYSE: HRL) appointed Whitney Velasco-Aznar Vice President of Marketing for Grocery Products. Whitney had been Marketing Controller for Cereal Partners Worldwide (CPW), a 50/50 joint venture between Nestlé S.A. and General Mills Inc., in the United Kingdom. Read more in the Business Wire press release.

Helena Foulkes Made Executive Vice President and Chief Health Care Strategy and Marketing Officer at CVS Caremark

CVS Caremark (NYSE: CVS) today appointed Helena B. Foulkes Executive Vice President & Chief Health Care Strategy and Marketing Officer. Helena, who holds an MBA from the Harvard Business School, had been their Chief Marketing Officer. Read more in the prnewswire press release.

Springboard Enterprises Now Accepting Applications for the 2011 Venture Forum

The Springboard: 2011 Venture Forum is now accepting applications for companies seeking equity investments who have a woman in a senior position with an ownership stake. The companies, from tech to life sciences, will participate in the six month program at Springboard which will introduce them to strategic partners and investors. The deadline for applications is May 2, 2011. Read more in the company press release.

KPMG Studies Jobs Outlook and Discusses Diversity at the Firm

In the latest KPMG Global Business Outlook survey by KPMG International, 41% of U.S. manufacturing executives expect employment to increase, up from 28% in October. The service industry executives are less optimistic, with only 28% seeing an increase, compared with 25% from the October results. Read more in the prnewswire press release.

KPMG discusses diversity at its own firm and what it means to its business.

$10 Million Donation for Women in Science at St. Mary's College

Saint Mary's College President, Carol Ann Mooney (pictured), announced that Saint Mary’s received the largest single private gift in the College’s 167-year history. Philanthropists MaryAnn and Clayton Mathile donated $9 million dollars to Saint Mary’s College, Notre Dame, Ind, for the renovation of "Science Hall", which houses the Departments of Biology and Chemistry/Physics at this women's college. Saint Mary’s alumna Jennifer Mathile Prikkel, their daughter, donated $1 million to the project for a combined gift of $10 million. The money donated will fund the refurbishing and expansion of labs, and the purchase of updated equipment and technology. Read more in the college press release.

Nancy Corsiglia Made EVP and Chief Financial Officer at Bank of Virginia

Bank of Virginia (Nasdaq: BOVA) appointed Nancy Corsiglia Executive Vice President and Chief Financial Officer. Nancy, who holds an MBA from the Tuck School of Business at Dartmouth, had been Chief Financial Officer of the Federal Agricultural Mortgage Corporation. Read more in the Globenewswire press release.

Laura L. Deming Made Senior Vice President of Product Development at RainDance Technologies

RainDance Technologies, Inc., appointed Laura L. Deming Senior Vice President of Product Development. Laura, who holds an M.S. in Chemical Engineering from the University of Lowell and an M.B.A. from Worcester Polytechnic Institute., had been Vice President of Research, Development and Operations at medical device startup WaveRx. Read more in the Business Wire press release.