• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

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

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

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

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
NewslettersMPW Daily

Why the founder of $250 million vitamin and supplement brand Ritual is urging Congress to regulate her own industry

By
Ellie Austin
Ellie Austin
and
Nina Ajemian
Nina Ajemian
Down Arrow Button Icon
By
Ellie Austin
Ellie Austin
and
Nina Ajemian
Nina Ajemian
Down Arrow Button Icon
March 11, 2025, 8:40 AM ET
Katerina Schneider
Katerina Schneider, founder of Ritual. Courtesy of Ritual
Add Fortune on Google for similar content.

Good morning! Michelle Obama is starting a podcast, President of Mexico Claudia Sheinbaum celebrates a tariff delay, and Fortune’s Ellie Austin interviews a vitamin and supplement founder calling on Congress to regulate her own industry.

– Healthy regulation. Ten years ago, Katerina Schneider found herself pregnant and frustrated. She wanted a high-quality prenatal vitamin but was unimpressed with those on the market, many of which contained artificial ingredients and high levels of heavy metals. The solution, she decided, was to make her own.  

Recommended Video

Fast-forward a decade and Schneider’s company, Ritual, sells a range of vitamins for men and women at all life stages. In 2024, the company made more than $250 million in gross revenue. What’s more, since its inception, Ritual has rigorously shared traceability details for every ingredient included in its products, despite this not being required of it in a supplement industry known for its loose regulation. “People deserve to know what they’re putting in their bodies,” Schneider, who serves as Ritual’s CEO, tells me.

Today, Schneider is taking this a step further. With more than 100,000 supplement products currently available, she has written a letter to Congress, urging the government to address “safety and efficiency gaps in the supplement industry.” These gaps are real: I investigated the loose regulation of the supplement industry in a recent Fortune feature story about AG1, formerly Athletic Greens.

Schneider’s calls for three specific updates to federal law: an unpausing of spending freezes at institutions that champion science and research, including the Food and Drug Administration; the establishment of limits around heavy metals in supplements and protein powders; a clearer definition of the term “clinically studied.” Schneider says the latter is frequently misused by brands, resulting in consumers being misled as to the efficacy of products.  

Katerina Schneider
Katerina Schneider, founder of Ritual.
Courtesy of Ritual

The letter also notes that “the burden heavily falls on women’s shoulders” to investigate the safety and impact of supplements. “Women are making a lot of the health purchasing decisions for not just themselves, but their children and their partners and houses,” Schneider says. “We have a men’s multivitamin and most of our consumers buying that are women.”  

She emphasizes that Ritual “is not perfect” and still has important progress to make in guaranteeing the efficacy of its own multivitamins. To this end, it has promised to conduct “gold-standard human clinical trials in partnership with leading universities and research organizations” on all its existing products by 2030.  

Two years ago, Schneider sent a similar missive to the Biden administration. This new letter will be received in a regulation-averse Trump administration and a scientific climate where the U.S. Health and Human Services Secretary, Robert F. Kennedy Jr., is a fan of alternative medicine who last week suggested some vitamins could be used to treat measles. 

And yet, Schneider and Ritual chief impact officer Lindsay Dahl remain optimistic about the possibility of legal reform. “[In] the initial conversations we’ve had over the past two years, there was open interest from both sides of the aisle,” says Dahl. “A consistent drumbeat is needed…and we think it’s our job to continue that drumbeat.” 

Ellie Austin 
ellie.austin@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Today’s edition was curated by Nina Ajemian. Subscribe here.

ALSO IN THE HEADLINES

- In my opinion. Michelle Obama is launching a podcast called IMO through her media company Higher Ground, which she and former President Barack Obama founded in 2018. She and her brother Craig Robinson will co-host the video show, sharing personal experiences and chatting with guests. New York Times

- Sheinbaum’s success. This past weekend, Mexicans celebrated President Claudia Sheinbaum’s successful negotiations with President Donald Trump, as he paused his plans for tariffs on Mexican and Canadian goods. According to El Financiero, Sheinbaum’s approval rating jumped from 70% to 85% last month. Washington Post

- Kelly and Kristi. Small Business Administration head Kelly Loeffler shared her 15 priorities as she steps into the job, with promoting domestic manufacturing at the top. Also, Secretary of Homeland Security Kristi Noem appointed new leaders at the agency, said she would be using lie detector tests to combat employees leaking information to the media, and said detention operations would be expanding in Fort Bliss.

- Funding figures. In Europe, women are raising more than men in deep tech, according to a new report from Female Foundry. Also, in 2024, the overall decline in VC funding impacted female and male founders equally—female-founded ventures saw a 12% decline in funding and venture funding overall dipped 11%. TechCrunch

MOVERS AND SHAKERS

Material, a brand strategy services provider, named Laila Worrell CEO. She was previously an operating advisor at Blackstone and co-chair of Material’s board.

Evidation, a health data and research company, named Leslie Oley Wilberforce CEO; she succeeds Christine Lemke. Wilberforce was previously the company’s president and COO.

Ames Watson, a private equity holding company, named Melissa Hahn CFO. She was previously the company’s VP of finance.

Roku named Lauren Benedict VP of global advertising sales and partnerships. Most recently, Benedict was chief revenue officer at Spotter.

GUT New York appointed Deb Freeman as head of strategy. Most recently, she served as North American chief strategy officer at Burson, formerly BCW.

ON MY RADAR

After Amy Gleason’s sudden rise to prominence, mystery surrounds the DOGE acting administrator CNBC

‘Traditional PR is dead’: Inside Lulu Cheng Meservey’s radical in-your-face playbook Business Insider

Don’t call me a founder—I’m a female founder Fortune

PARTING WORDS

“I am not changing anything about my mission, end of story....It doesn’t matter who the president is.”

— Kendra Scott on continuing to make DEI a priority for her jewelry brand

This is the web version of MPW Daily, 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
Ellie Austin
By Ellie AustinEditorial Director, Most Powerful Women
LinkedIn iconTwitter icon

Ellie Austin is the editorial director of Most Powerful Women at Fortune.

See full bioRight Arrow Button Icon
By Nina AjemianNewsletter Curation Fellow

Nina Ajemian is the newsletter curation fellow at Fortune and works on the Term Sheet and MPW Daily newsletters.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Image of colored bar charts with one being pushed up.
NewslettersEye on AI
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
1 hour ago
Meet the only Black woman chair of the board in the Fortune 500
NewslettersMPW Daily
Meet the only Black woman chair of the board in the Fortune 500
By Emma HinchliffeJune 30, 2026
3 hours ago
The VCs betting founders need a village, not a blank check
NewslettersTerm Sheet
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
7 hours ago
Gulf bond markets extend their rally despite uncertain outlook
NewslettersFortune Gulf Brief
Gulf bond markets extend their rally despite uncertain outlook
By Melissa HancockJune 30, 2026
8 hours ago
A close-up view of a woman wearing a striped shirt and jeans, sitting and using a smartphone with one hand in a casual setting.
NewslettersFortune Tech
U.S. Supreme Court limits use of ‘geofence’ warrants
By Andrew NuscaJune 30, 2026
9 hours ago
Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla
NewslettersCEO Daily
Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla
By Diane BradyJune 30, 2026
10 hours ago

Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
5 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
3 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
20 hours ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
2 days ago
Current price of oil as of June 29, 2026
Personal Finance
Current price of oil as of June 29, 2026
By Joseph HostetlerJune 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.