Episode Details

Story of the Week (DR):

NEO turnover week MM

Apple CFO and COO resign, raising questions about CEO Tim Cook's future

Apple CEO succession plan blown open as most obvious candidate to step down

Chief Operating Officer (COO) Jeff Williams, 62, will retire at the end of this year. Following the retirement of former Chief Financial Officer (CFO) Luca Maestri, 61, last year, the departure of these 'key figures in growth' seems to signal a significant generational shift within Apple.

Meet Apple’s next COO Sahib Khan, a 30-year veteran who will oversee the iPhone maker’s supply chain amid the ‘Trump tariff black cloud’

Twitter/X CEO Linda Yaccarino quits after Grok AI praises Hitler

Wendy's CEO Kirk Tanner Leaving Burger Giant for Hershey

Is this another Peltz failure? Tanner has been CEO of Wendy’s since only February 2024

Trian Fund Management controls two board seats:

Peter May (29%): director since 1993; former Wendy’s executive; Founding Partner of Trian; chair of Capital and Investment committee, chair of Technology Committee, member of Compensation Committee, member of Corporate Social Responsibility committee, and member of Executive committee.

Matthew Peltz (31%): son of Nelson; Partner of Trian; chair of Corporate Social Responsibility committee, member of Capital and Investment committee, member of Technology Committee, and member of Executive committee.

Matthew resigned in same 8-k