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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
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Kim Godwin, first Black female network news chief, leaves ABC News

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May 6, 2024, 10:42 AM ET
Kim Godwin
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Kim Godwin is out after three tumultuous years as ABC News president, a move presaged earlier this year when network parent Walt Disney Co. installed one of its executives, Debra O’Connell, to oversee the news division.

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Godwin, the first Black woman to lead a network news division, said Sunday she was retiring from the business. O’Connell said she will be in charge “for the time being” as it looks ahead.

Godwin inherited a news division where its two most important programs, “World News Tonight” and “Good Morning America,” led rivals at CBS and NBC in the ratings. They’re still ahead, although “Good Morning America” has seen some slippage amid the messy departures of anchors T.J. Holmes and Amy Robach, and Cecilia Vega’s jump to CBS News.

Godwin was recruited as an outsider from CBS News and was beset by grumbling about her management style that made it into print.

In a note to staff members, Godwin said she understood and appreciated the significance of being the first Black woman to hold such a prominent broadcast news role.

“It’s both a privilege and a debt to those who chipped away at the ceiling before me to lead a team whose brand is synonymous with trust, integrity and a dogged determination to be the best in the business,” she wrote.

After working at ABC, CBS, NBC and at 10 local news stations in nine cities, Godwin said she’s quitting the business.

“I leave with my head held high and wish the entire team continued success,” she wrote.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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