Boss Betty Brief: ‘Brazen hypocrisy’ at Bridgewater, Pinterest poaches from Walmart, ex-Pierce Bainbridge paralegal sues over alleged sexual assault & more

ADVERTISING & MEDIA: Ad tech expert Nandini Jammi discusses how she was pushed out of the hugely successful organization she co-founded and the ways that has informed her experience with her new venture, Check My Ads [Boss Betty]. Multiple stars of Bon Appétit’s YouTube channel announced that they are resigning as allegations of racism and inequity continue to roil the publication [Eater]. NBCUniversal will move forward with an investigation into allegations of a toxic workplace culture and conduct a “broader culture assessment” [THR]. Maria Bartiromo celebrated her 25th anniversary on the NYSE floor, saying that the Wall Street “boys club” made for a rough job when she first started out [NYP].

FINANCE: “Brazen hypocrisy” is one of the key descriptive phrases in the updated complaint Eileen Murray, former Bridgewater Associates co-CEO, filed against the hedge fund. Last month, Murray filed a suit against Bridgewater — which espouses principles of openness and integrity — alleging that the investment giant was withholding tens of millions in deferred compensation because she told a third party about her gender-discrimination dispute with them [Dealbreaker]. Rocket Companies, parent of Quicken Loans, IPOed with a board of directors that is 50-percent female [Boss Betty]. Wall Street is known for its diversity, said no one ever. This investigation digs into why Black women and men are so poorly represented in Wall Street’s corner offices [Bloomberg]. Only 17 percent of the studies published in top economics journals are by women [Quartz]. Three Chicago women are launching First Women’s Bank, which aims to close the gender gap in lending [Chicago Tribune].

LAW: “Brazen hypocrisy” is one of the key descriptive phrases in the updated complaint Eileen Murray, former Bridgewater Associates co-CEO, filed against the hedge fund. Last month, Murray filed a suit against Bridgewater — which espouses principles of openness and integrity — alleging that the investment giant was withholding tens of millions in deferred compensation because she told a third party about her gender-discrimination dispute with them [Dealbreaker]. Rocket Companies, parent of Quicken Loans, IPOed with a board of directors that is 50-percent female [Boss Betty]. Wall Street is known for its diversity, said no one ever. This investigation digs into why Black women and men are so poorly represented in Wall Street’s corner offices [Bloomberg]. Only 17 percent of the studies published in top economics journals are by women [Quartz]. Three Chicago women are launching First Women’s Bank, which aims to close the gender gap in lending [Chicago Tribune]..

MANUFACTURING & RETAIL: Luxury consignment retailer The RealReal, founded and run by Julie Wainwright, appointed two more women to its board on Tuesday, making for an even split between female and male directors [Boss Betty]. Walmart reached a $20 million deal to resolve an investigation into gender bias by the Equal Employment Opportunity Commission [Bloomberg Law]. Fortune 500 company Sonic Automotive finally added a woman to its all-male, all-white board [Boss Betty]. Peloton hired Dara Treseder, a former GE exec, as its new head of global marketing [Forbes].

TECH & ENGINEERING: Investors are suing cyber-safety company NortonLifeLock over a lack of board diversity [Bloomberg Law]. Pinterest poached Walmart director of global communications LeMia Jenkins for the same job at its platform [PR Week]. A “brief history of diversity at Snap” [TechCrunch].

If there’s no relevant news of note to share in a given sector, we skip it for the day. Did we miss something? Let us know at tips@bossbetty.com.

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