Discussion on recent CEO transitions in various companies including PayPal, Illumina, and Kraft Heinz, as well as the role of activist investors in corporate leadership changes.
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
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