1reVOLver
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Partners were told in an email that Cathy Engelbert wasn’t renominated for a second four-year term
June 28, 2018 at 7:12 pm
Deloitte CEO Cathy Engelbert speaking at Fortune magazine’s Most Powerful Women summit in Washington last October. Photo: joshua roberts/Reuters![]()
Deloitte LLP has told partners Chief Executive Cathy Engelbert hasn’t been renominated for a new term, touching off a behind-the-scenes leadership dispute at the Big Four accounting firm.
Ms. Engelbert, the first woman to run one of the Big Four firms in the U.S., is three-plus years into a four-year term as Deloitte’s CEO. But Deloitte’s U.S. partners were told in a recent email that she wasn’t being renominated for a second term at this time as the firm begins its every-four-years CEO-election process, according to people familiar with the matter. Ms. Engelbert is eligible for another term, but Deloitte’s board didn’t support her renomination, one of the people said.
How about deleting that post ? Or noting it is AI in your framing statement, at least? It fooled me too late at night but I did wonder why espn made no mention of her response. This tech is scary. In another year or so, these deep fakes will be indistinguishable from authentic onesGood call. I’m getting too old for the modern internet.
It was mentioned on First Take today.. Monica McNutt was discussing it with Stephen A.Smith and Mad Dog Russo..How about deleting that post ? Or noting it is AI in your framing statement, at least? It fooled me too late at night but I did wonder why espn made no mention of her response. This tech is scary. In another year or so, these deep fakes will be indistinguishable from authentic ones
Wetzel: Collier comments reflect WNBA's Core Problem: How it sees Caitlin Clark
Caitlin Clark and her army of fans are the WNBA's most valuable business asset. Not the most valuable player (at least not yet) ... but business asset.
Clark's arrival in the spring of 2024 sent the league's television ratings, attendance, media rights, sponsorships and franchise evaluations soaring. Overnight, billionaires were fighting to pay $250 million for teams of their own.
Clark offered more than just logo-3 highlights. She gave the league hope.
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Wetzel: Collier comments reflect WNBA's core problem: How it sees Caitlin Clark
In seeming to not embrace the player who singlehandedly lifted the WNBA, the league risks losing her fan base.www.espn.com
Having the WNBA commissioner say Clark should be grateful because without the league she wouldn't make "anything" just confirms the suspicion. It also plays on an old trope that women athletes should be thankful just for the chance to play. Is this 1972?
The whole thing is ridiculous, of course. Clark was doing national endorsement campaigns while still in college. By her junior season, she was more popular than any WNBA player. She arrived rich.
Maybe Engelbert wasn't aware.
That the WNBA commissioner would have an opinion on who should be grateful to whom, let alone that she would unprofessionally express it to another active player is almost unfathomable.
It's not Clark who should thank the WNBA for her endorsements. It's the league that should thank her for the boom in business. It should count its blessings that she and the other young charismatic stars are gracing its league.
"I am disheartened by how Napheesa characterized our conversations and league leadership," Engelbert said as part of a statement. "But even when our perspectives differ, my commitment to the players and to this work will not waver."
That isn't a denial of what Collier said Engelbert said. It also doesn't address the main issue.
How did this become about Caitlin Clark when she hasn't played in months lolHard fouls. Snide comments. Dismissive media commentary. The Olympics. Some of this can be brushed off as the reality of competitive sports. No one is owed a walkway of flowers. Some of it, though, is likely based on politics, or pride, or jealousy, or rivalry, or ... fill in the blank. At times, everything about Clark seems like a circus of contention.
While Clark herself has never complained, many of her fans perceive -- and perception quickly becomes reality -- that Clark isn't fully welcome in the league.
All salaries will likely go way up regardless, but Clark is still on a rookie deal. She isn't going to be making whatever the max salary is until her next contract
Rookie salaries will definitely go up but rookie contracts being 4 years is pretty standard. Either way, she's only played 2, so unless they make rookie contracts 2 years and she immediately becomes a free agent, she will not be making as much as the max players like A'ja next yearAre you assuming that the negotiations do not include a revision of terms in rookie contracts? If so, please tell us why you hold that assumption. I think it might be fair game once the current CBA expires.
Dont believe Clark will be hurting for money...Rookie salaries will definitely go up but rookie contracts being 4 years is pretty standard. Either way, she's only played 2, so unless they make rookie contracts 2 years and she immediately becomes a free agent, she will not be making as much as the max players like A'ja next year