Woke wars get weirder, AI is still assholiest and fast fashion is still a problem

FRIDAY WRAP | 06.02.23

Story of the Week: After Chick-fil-A ruffles far-right feathers , Fox News asks if the culture war has gone too far

Goodliest of the Week: US Congress averts historic default, approves debt-limit suspension

Assholiest of the Week: AI chatbot will replace human helpline workers at National Eating Disorder Association and one day later… National Eating Disorders Association Disabled AI Chatbot After It Gave Dieting Advice

Exhaustingest of the Week: Fast Fashion’s Curious Comeback

BOARD SABERMETRICS STORY OF THE WEEK…

BS SPOTLIGHT: WARNER BROS. DISCOVERY

But first…why?

CNN CEO Chris Licht apologizes to staff during internal Monday morning call

Licht apologized for drawing attention away from the network’s mission and vowed to earn back trust. In light of this brilliant CEO apology, we want to shed our own Board Sabermetrics light on CNN’s parent company, Warner Bros. Discovery.

• Out of 13 directors on the board, only 3 are women
• Women control 13% of the power, leading to a 10% gender power gap
• The top 4 bros have 15+ years of tenure and control 56% of the board influence
• Turning to corporate leadership, only 3 out of 15 positions are held by women
• Top 5 NEOs—all five are White men

The entire corporate structure, every leadership position is held by an old, crusty bro. Armed with this newfound, depressing knowledge, we should no longer be surprised by Chris Licht acting like an old, crusty bro.

Want to feel less surprised by the business headlines you’re skimming each day? Look out for the Board Sabermetric’s platform that is coming realllllly soon!

MEANWHILE, ON STAGE…

This week on the show, our Corporate Theater troupe takes a deep dive into the political theater that is state treasurers, attorney generals, and even governors boycotting ESG and so-called woke corporations.

CAN’T GET ENOUGH ESG?

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