We’ve been hearing about the inequality in pay between men and women for as long as I can remember. Right now, that tempest is back in our faces in a big way. Some inequities have been fixed, but not enough. I mean, take our industry for example: according to the 3% Conference in April of 2016, women make up only 11% of creative directors in the U.S. – and trust me, it isn’t because women aren’t creative or leaders.
But progress is being made and we can’t keep the roar of woman-power silent. Take for example, former-Bozeller Robin Fitzgerald being named the first female U.S. chief creative officer at BBDO last year! Which is why as I was reading the April 1st issue of Fortune, I noticed something that made me shake my head in disbelief – especially as one owner of a women-owned agency. Besides needing equality of pay for men and women, we apparently need equality of Golden Parachutes.
Fortune features a sidebar detailing three recent Golden Parachutes. The first is Marissa Mayer, “soon-to-be-former Yahoo CEO” who is getting $23 million, the second is Henrique de Castro, “Fired Yahoo COO” who is getting $58 million, and the third is Roger Ailes, “Defenestrated Fox News Chairman” who is getting $60 million. Need I say more? Fortune didn’t.