Archive for October, 2002

The all-too-female cluelessness of “I Don’t Know How She Does It”

Wednesday, October 23rd, 2002

I say “alternate reality,” because Fortune recently published its annual roundup of the 50 most powerful women in American business, and the roster of powerful corporations with female CEOs includes Kraft Foods, eBay, PepsiCo, Avon, Ogilvy & Mather Worldwide, Hearst Magazines, Lucent, Sanford C. Bernstein, MTV Networks Music Group, Time and Xerox.

Pseudofeminists like Sylvia Ann Hewlett, the author of “Creating a Life: Professional Women and the Quest for Children,” insist that these women have paid the price for their success with childlessness. But while Hewlett claims that 49 percent of women earning more than $100,000 per year are childless after 40, 71 percent of the 187 high achievers who attended Fortune’s Most Powerful Women in Business Summit earlier this year have kids — an average of 2.2 per woman. According to Fortune, “Lehman Brothers’ Barbara Byrne notes that eight of 10 female managing directors in her investment-banking division have kids — ‘and most more than one.’ Byrne herself has four.” (more…)