Fortune’s Post

“When I walked into the stadium, I was really, really shocked that it was sold out.” trib.al/kRzzDRv At the Fortune Most Powerful Women Summit in Laguna Niguel, Michele Kang, owner of the Washington Spirit, Olympique Lyonnais Féminin, and London City Lionesses, shared her belief in the “incredible potential” of women’s rugby following her $4 million investment. “I just wanted to do my part to nudge things in that direction,” Kang said at #FortuneMPW. Read more from #FortuneMPW here: trib.al/kRzzDRv

“Whoever makes AI changes the world, and it’s so important that people from all backgrounds feel they have a role.” Dr. Fei-Fei Li, the "Godmother of AI," wants everyone to have a place in the tech transformation. So many of the claims about the global scale, infinite production, and “billions of whatever” about AI are hype, Li said. “It’s so hyperbolic,” she said. But she maintains that AI could change the world, and “everyone who cares” should have a place in the technological shift, whether that’s in research or governance or adoption. Read more from #FortuneMPW: https://lnkd.in/dzVCRpx4

In her decade at the helm of General Motors, Mary Barra has been tasked with modernizing a century-plus-old automobile company while righting the ship after a bankruptcy and ignition switch scandal threatened the historic carmaker’s future. It’s not an easy role, and one in which Barra has experienced myriad successes and setbacks. She was interviewed by editor-in-chief Alyson Shontell at the Fortune Most Powerful Women Summit in Laguna Niguel, Calif. Barra is No. 1 on the #FortuneMPW ranking this year, a spot she’s held three other times since becoming the first female CEO of a global automaker. Her decade-long tenure is more than double the average for female Fortune 500 CEOs, and almost three years longer than the average male CEO’s tenure. She said part of that longevity is having a team around her that all has the same mission—and changing the company culture to reflect the shared values of employees. Read more from #MPWDaily: https://lnkd.in/eyDkitMA

CVS Health named David Joyner as its new chief executive officer, ending a tumultuous tenure for current CEO Karen Lynch at the pharmacy giant. trib.al/dRkStyY Longtime executive Joyner, 60, took over Thursday, according to a Friday release. The move comes after the company repeatedly missed earnings targets, setting off unrest among shareholders that spilled into public view in recent weeks. Read more here: trib.al/dRkStyY

Michelle Gass has reason to celebrate. As the newly minted—and first female—CEO of the iconic denim brand Levi Strauss & Co., she got word that music legend Beyoncé would be name-checking the company in the title of a song off her recent album Cowboy Carter. In turn, Levi’s launched its “REIIMAGINE” campaign with Beyoncé herself, who is notoriously averse to brand partnerships. “It’s sort of like a dream come true to have Beyoncé name a song after your brand,” Gass said at the Fortune Most Powerful Women in Laguna Niguel, Calif. “That’s a once-in-a-lifetime moment.” Read more from #FortuneMPW: https://lnkd.in/eND9EMcX

CVS has named David Joyner as its new chief executive officer, ending a tumultuous tenure for current CEO Karen Lynch at the pharmacy giant. Longtime executive Joyner, 60, took over Thursday, according to a Friday release. The move comes after the company repeatedly missed earnings targets, setting off unrest among shareholders that spilled into public view in recent weeks Read more: https://lnkd.in/eW7gG_np

Dr Fei-Fei Li told #FortuneMPW it was her natural reaction to “cringe” at her "Godmother of AI" title. “It really is not my personality to call myself godmother of anything," she told the audience. But even with years of expertise in the field of machine intelligence and a laundry list of esteemed positions, from Google vice president and chief scientist to Stanford University professor to author, Li was hesitant to take center stage. Indeed, her first reaction was to just reject the “godmother” status. “I did cringe,” said Li. But she decided not to fight it in order to encourage other women, especially women in the STEM fields that have been dominated by men for so long. Read more from Fortune Most Powerful Women: https://lnkd.in/dzVCRpx4