Discussion on recent CEO transitions at Walgreens, Planet Fitness, and Digital Ocean, highlighting concern over the departure of Planet Fitness's CEO and the smoother process at Digital Ocean.
Executives are on the move. The first half of 2023 has seen the highest CEO turnover rate on record, per executive outplacement firm Challenger, Gray, & Christmas.
Deidre Woollard caught up with Anand Chokkavelu and Ricky Mulvey to talk about what it means when a leader leaves. They discuss:
- Whether CEO transitions truly change an investment thesis
- Where to source ideal replacement candidates
- And recent examples of expected departures, activist strong-arming, and questionable plays
Tickers discussed: PYPL, DOCN, SBUX, DIS, AZO, COST, FOX, NWS, KHC, CMG, PINS, ILMN, ETSY, PTON, FL, ULTA, WBA, PLNT
Host: Deidre Woollard Guest: Anand Chokkavelu, Ricky Mulvey Producer: Mary Long Engineer: Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices