Episode Details

A 100% increase in black female CEOs at Fortune 500 companies

The wild wild west of CFO transitions

Snap’s AI-branded mismanagement umbrella

Shareholder Proposals are becoming old-fashioned again

And on The Big Vote, Matt finally digs into wayward bandaids

Trade Wire

Top Stories:

30 Filings since April 8

The headlines

DOW INC. appointed Karen Carter as CEO, to succeed Jim Fitterling, who will remain as Executive Chair

Karen is only the 2nd black woman CEO in the Fortune 500 (Thasunda Brown Duckett at TIAA).

She was most recently COO where she had strategic oversight of Dow’s business operating segments – Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings – as well as the Research and Development, Environment, Health, Safety and Sustainability and Commercial organizations

Carter joined Dow in 1994 and previously served as Dow’s Chief Human Resources Officer and Chief Inclusion Officer

appointed new CEO Karen S. Carter to board on the same day as the AGM but she was not on the ballot

8 CFO transitions

FEDEX CORP: The Company will conduct a comprehensive internal and external search for a permanent successor

Corebridge Financial: Interim CFO received (i) a $750K special retention equity award and (ii) an increase in his target short-term incentive award for 2026 to $800,000 from $400,000.

Meta Platforms: directors Hock E. Tan and Tracey T. Travis are resigning

Hock, the CEO of Broadcom, lasted for only 2 years and bounced right after Meta said it agreed to deploy 1 gigawatt of custom artificial intelligence chips using Broadcom technology as part of a multi-gigawatt deal

Down to 2F

Meta