An Elusive Jackpot
Riches Come to Women as C.E.O.s, but Few Get There
By CLAIRE CAIN MILLER JUNE 7, 2014
I hear a lot about Sheryl Sandberg in articles on Gender Trends, but is she the real CEO of Facebook? Isn’t there this guy at Facebook who owns a lot of the stock and isn’t yet all that senile? Does Mark Zuckerberg actually defer to Ms. Strandberg on big executive decisions?
The highest-paid woman on the Equilar list [of highest paid CEOs] was born a man.
Martine Rothblatt, born Martin Rothblatt, was the married father of four children and started Sirius Satellite Radio, now SiriusXM, before undergoing gender reassignment surgery in 1994. After one of her children was diagnosed with a disease, she founded United Therapeutics in 1996 and helped develop a drug to treat the illness. Last year, she was paid $38 million in compensation, most of it in stock options, putting her at No. 10 on the list. She declined to be interviewed.
“Her equity grant is awarded based on company performance, the best way to be aligned with the interests of shareholders,” said Andrew Fisher, deputy general counsel at the company. Its stock price more than doubled last year, largely because it received Food and Drug Administration approval for a new drug, Orenitram.
I can remember one JD/MBA at UCLA, a tall man whose name I don’t recall. He was extremely arrogant, but turned out to be as supersmart as he thought he was. We were on a four-person team together in a Marketing Strategy computer game where you typed onto punch cards (like I said, it was 1981) what your widget’s advertising budget, price, and so forth were going to be this round, then you found out how much profit you made relative to your competitors. The JD/MBA always complained to me and our other two teammates that we were idiots and he could do better all by himself. So, one round we let him make all the decisions. And, what do you know, he did do better all by himself. But then he complained that it was too much work to do it all by himself and we went back to playing as a (dysfunctional) team.
We finished second out of a half-dozen teams to a three-man team run by two rich Mexican kids. The American guy on the team said that when it got down to time to make a decision Jose and Juan switched from conversing in English to Spanish and then eventually told him what to keypunch on the card, which always proved to be exactly right.
Rothblatt’s biography is pretty typical of high achieving transsexuals in its remarkable lack of evidence that “I always felt like a girl on the inside.”
Rothblatt’s obsessions have been space colonization and now transhumanis t fixations like downloading your brain to a computer so you can live forever. You can’t get much girlier than that. I mean, Audrey Hepburn had her head frozen, right? Oh, wait, no, that was Ted Williams … Sorry, my mistake!