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CEO turnover boom, Texas rejection, and white guy leadership victimhood (man feelings)
Description
Story of the Week (DR):
Apple names John Ternus as CEO to replace Tim Cook, who will become chairman
Apple CEO Tim Cook is stepping down
Meet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO
Tim Cook to step down as Apple CEO. In letter, describes 15 years of emails
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
Are internal CEOs the way to go?
Best Buy taps insider Jason Bonfig as new CEO, Corie Barry steps down
She’s actually leaving the board
Lululemon names former Nike exec Heidi O'Neill as CEO MM
Lululemon CEO Pick Heidi O’Neill Faces Skeptical Wall Street AND Lululemon shares dive on new CEO pick — as investors fear she may not have chops to save struggling company
O’Neill brings more than 30 years of experience in performance apparel, footwear, and sports, including over 25 years at Nike, where she was credited with transforming their women’s business from a side-project into a global juggernaut. Her leadership spanned product creation, brand strategy, marketing, and global operations, making her one of the most influential executives in the company’s modern era. Most recently, she served as President, Consumer, Product & Brand, overseeing Nike’s global consumer and product engine
Golden hello: $7M equity, $2M cash
Roughly 75% of Lululemon’s customers are women
Lululemon board: 7 of 11 F<