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Panasonic names Google X cofounder and MacArthur genius fellow CEO of its new wellness division

By
Michal Lev-Ram
Michal Lev-Ram
and
Joey Abrams
Joey Abrams
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By
Michal Lev-Ram
Michal Lev-Ram
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Joey Abrams
Joey Abrams
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September 6, 2023, 8:49 AM ET
Yoky Matsuoka is the new CEO of PanasonicWELL.
Yoky Matsuoka is the new CEO of PanasonicWELL. David Ryder—Bloomberg/Getty Images
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Good morning, Broadsheet readers! Coco Gauff continues to stun at this year’s U.S. Open, sexual harassment in the mining industry is a lasting threat for female miners, and Fortune editor-at-large Michal Lev-Ram reports on roboticist Yoky Matsuoka‘s latest challenge. Have a great Wednesday!

– Human power. Yoky Matsuoka has long believed in the power of technology to help human beings. As a University of Washington neurorobotics professor, she spent years researching and developing more life-like robotic prosthetics for people with disabilities. And in 2009, she launched a nonprofit, Yokyworks, which aims to develop all sorts of tech tools for children with learning challenges. (Matsuoka, who worked at Apple and Google, where she cofounded the company’s “moonshot factory,” X, funded her charitable organization after winning a MacArthur “genius” award in 2007.)

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Now, the roboticist is doubling down on her efforts to harness all sorts of tools to help people. As the just-announced CEO of a newly-formed organization inside Panasonic, called PanasonicWELL, Matsuoka will work toward incubating and developing health and wellness-focused services for families and caretakers, in particular.

“PanasonicWELL is in many ways a manifestation of everything I’ve always strived to be,” Matsuoka told Fortune in a recent interview. “Fundamentally we are creating solutions—a combination of products and services—to deliver healthier lives for everybody, every day.”

Matsuoka isn’t new to Panasonic. But interestingly, her first undertaking for the Japanese electronics maker hasn’t had much to do with technology, let alone robotics. The tech exec joined Panasonic in 2021, when she launched a subsidiary called Yohana, a “family concierge service” that assists working parents in performing mundane tasks like planning meals, booking doctor appointments, and finding after-school activities for kids. But Yohana, which will now become part of Panasonic’s new health-focused business unit, does this not by utilizing robotics or generative A.I., but by relying on a team of real-life human helpers. Here’s how it works: For a subscription fee of $129 per month, users pick from a menu of tasks or create their to-do list from scratch. A team of people, including contractors and staffers, then work behind the scenes to purchase birthday gifts or make travel arrangements.

To be sure, there’s some level of tech involved. After all, Yohana is a mobile app. But it’s not exactly what you’d expect from Matsuoka, a pioneer in the field of neurorobotics. The fact that she has chosen to stick to Yohana’s human-first roots says a lot. Indeed, while technology will surely play a big role in future PanasonicWELL products, Matsuoka, a mother of four, is in no rush to rely on software or hardware that isn’t up to the task. And for now, at least, humans have the upper hand—it turns out that we’re really good at managing mundane (but complex) tasks like booking basketball camp for our kids.

Matsuoka has big aspirations for her new role though, and could end up returning to her roots. The former researcher has long dreamed of building a robot that does the dishes: “I’m keeping an eye on it,” she says. “I’m gonna get there.”

Michal Lev-Ram
michal.levram@fortune.com
@mlevram

The Broadsheet is Fortune’s newsletter for and about the world’s most powerful women. Today’s edition was curated by Joseph Abrams. Subscribe here.

ALSO IN THE HEADLINES

- Court control. American tennis player Coco Gauff has become the one to watch during this year’s U.S. Open, especially after her victory against former French Open champion Jelena Ostapenko in straight sets yesterday. Now, the first American teenager since Serena Williams to make it to the tournament’s semifinals, 19-year-old Gauff is a glimpse into the future of the sport. ESPN

- Competing for the job. Big Tech adversary Margrethe Vestager has stepped aside from her role as EU competition commissioner to pursue the role of head of the European Investment Bank, as EU rules dictate. Vestager is one of the leading candidates for the job, which would start in January; Nadia Calvino, Spain’s deputy prime minister, is her stiffest competition. Bloomberg

- Rock bottom. Mining company BHP Group spent $191 million to make its facilities safer as more female employees enter a mining industry plagued by sexual harassment. New stats, however, show that instances of sexual harassment increased 20% during the year ending in June. Bloomberg

- Kicked out. Montse Tomé will become the first female coach of Spain's women's soccer team, replacing Jorge Vilda, who was fired yesterday. Vilda's exit comes as Spain soccer chief Luis Rubiales refuses to resign over a nonconsensual kiss with one of the players, a move Vilda initially applauded but has since condemned. Rubiales has denied any wrongdoing and suggested the kiss was mutual. New York Times

- Seeking the Senate. Gloria Johnson was one of three Tennessee state representatives who drew national attention after their Republican peers tried to expel them for protesting for gun control. Now the seasoned Democrat has announced a Senate campaign that will attempt to break nearly two decades of Republican control. AP

MOVERS AND SHAKERS: PayPal has named Rachel Kobetz as senior vice president and chief design officer. TPG has appointed Anilu Vazquez-Ubarri as chief operating officer. 

ON MY RADAR

Last year, she led her team to a national title. Now, at 23, she’s the head coach The Athletic

An architect who forges ahead in her own lane New York Times

Zadie Smith on the problem of the good white woman Vox

PARTING WORDS

“You can let other people’s opinions and actions dictate how you feel, or you can accept that people can be assholes and go along your merry way.”

—Amelia Sordell, founder of the marketing agency Klowt, one of a growing number of women receiving sexually explicit messages on LinkedIn

This is the web version of The Broadsheet, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.

About the Authors
Michal Lev-Ram
By Michal Lev-RamSpecial Correspondent
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Michal Lev-Ram is a special correspondent covering the technology and entertainment sectors for Fortune, writing analysis and longform reporting.

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Joey Abrams is the associate production editor at Fortune.

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