The World’s Most Powerful Women: May 23

Good morning, WMPW readers! Corporate America is about to lose its only African-American female CEO, Sophia Coppola is giving Rome’s opera house a boost, and a Nepalese woman climbed Mount Everest for a record seventh time. Want to share some buzz on a powerful woman? You can find me on Twitter at @laurascohn. Have a great Monday!

See original article on Fortune.com

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THE BIG STORY

[bs-title]A blow to Fortune 500 diversity[/bs-title]

[bs-content]Companies are leaning toward more diversity in the C-suite, but occasionally there will be setbacks. Soon Corporate America will no longer have a female African American CEO. Xerox announced that Ursula Burns, the first such woman to head a Fortune 500 company, will become chairwoman of the company's hardware business when it divides in two later this year, but she won't serve as either unit's CEO. That means the number of female CEOs in the S&P 500 will drop to 19. Burns, for her part, said it was "a sad day for me, but a happy day as well."[/bs-content]

[bs-link link="https://www.washingtonpost.com/news/on-leadership/wp/2016/05/20/there-could-soon-be-no-black-female-ceos-among-americas-largest-companies/" source="Washington Post"]

[bs-share text="A blow to Fortune 500 diversity @FortuneMagazine's World's Most Powerful Women newsletter" link="https://www.washingtonpost.com/news/on-leadership/wp/2016/05/20/there-could-soon-be-no-black-female-ceos-among-americas-largest-companies/"]

EUROPE/MIDDLE EAST/AFRICA

[bs-title]An unexpected kiss[/bs-title]
[bs-content]Former Fiat CEO Lapo Elkann won an auction prize at the Cannes Film Festival last week and celebrated by kissing auction host Uma Thurman on the lips. But a rep for Thurman says the actress "wasn't complicit" in the kiss and felt "violated." A simple "thank you" would have killed him?[/bs-content]
[bs-link link="http://fortune.com/2016/05/20/uma-thurman-lapo-elkann/" source="Fortune"]
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[bs-title]Gratzi, Sophia[/bs-title]
[bs-content]The city of Rome should thank Sophia Coppola. The Italian capital's down-and-out opera house is getting a big lift from Coppola's "La Traviata," which has costumes by Valentino. It became the venue's highest grossing opera before it even opened over the weekend.[/bs-content]
[bs-link link="http://www.theguardian.com/music/2016/may/20/sofia-coppolas-la-traviata-opens-rome-opera-house" source="Guardian"]
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