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Illustration: Aïda Amer/Axios

Several women have been tapped to lead some of the country's largest newsrooms over the past year — a promising sign of progress for an industry that's typically been slow to accept change and embrace diversity.

Driving the news: CBS News executive Kimberly Godwin was named president of ABC News on Wednesday. Godwin will be the first Black woman to lead a major broadcast news division when she takes the helm in May.

  • Last year, Rashida Jones was named president of MSNBC. She's the first Black executive to lead a major cable news network.

Over the past few weeks, several newsrooms have announced female editors-in-chief, replacing mostly white men.

  • Reuters News on Monday named Alessandra Galloni as its next editor-in-chief. She will be the first woman to lead the 170-year-old news agency.
  • HuffPost, Vox Media and Entertainment Weekly, among others have also tapped women to lead their newsrooms this year.

Flashback: While the #MeToo movement prompted transformations at a few newsrooms, last year's Black Lives Matter protests are what really began to push newsrooms, and companies in general, to take diversity in leadership roles more seriously.

  • Following the protests, several media companies, especially those with audiences that skew female, began to replace top editors with more women and women of color, including Bon Appétit, Refinery29 and Harper's Bazaar.

Yes, but: Despite these milestones, women and minorities are still underrepresented in most newsrooms around the country. As Axios has previously reported, this is especially true at the highest levels of most news organizations, for roles such as bureau chief, editor-in-chief and president.

What's next: Many newsroom leaders have pledged to address this imbalance. There are several news organization, like The Washington Post, The Los Angeles Times, and others that are currently looking to fill top editor roles.

Go deeper

Apr 14, 2021 - Economy & Business

CBS News veteran Kimberly Godwin named president of ABC News

CBS News

CBS News executive Kimberly Godwin has been chosen to lead ABC News, the network confirmed Wednesday.

Why it matters: Godwin will be the first Black woman to lead a major broadcast news division. Last year, Rashida Jones was named president of MSNBC, becoming the first Black executive to lead a major cable news network.

Apr 14, 2021 - Economy & Business

Scoop: Media startup banks on charging for buzzy business news

Illustration: Eniola Odetunde/Axios

Three digital media veterans are launching a new paid subscription media company with a multi-million dollar Series A funding round led by 40 North Media, a related investment business of Standard Industries, and private equity giant TPG Growth, Axios has learned.

Driving the news: The co-founders of the new company are Joe Purzycki, co-founder of the podcast company Luminary, Jon Kelly, a former New York Times editor and founder of Vanity Fair’s "The Hive," and longtime digital media executive and early Athletic employee Max Tcheyan.

The hard math behind America's labor shortage

Data: Bureau of Labor Statistics, Congressional Budget Office; Chart: Axios Visuals

Yes, the pandemic has created unusual temporary labor market dynamics. But in the bigger picture, the 2010s were a golden age for companies seeking cheap labor. The 2020s are not.

The big picture: In the 2010s, the massive millennial generation was entering the workforce, the massive baby bo0m generation was still hard at work, and there was a multi-year hangover from the deep recession caused by the global financial crisis.