C-Suite
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Here’s what Warren Buffett, Sam Altman, Donald Trump, and everyone else has to say about Tim Cook stepping down
Apple’s entering a new era. The company announced on Monday that CEO Tim Cook will be stepping down and John Ternus, Apple’s current senior vice president of hardware engineering, will succeed him. Cook has led the company for almost 15 years, assuming the role shortly before founder Steve Jobs’ death in 2011. Under his leadership,
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Apple is slipping on Tim Cook’s exit. Wall Street says buy anyway
Tim Cook is handing Apple to its hardware chief, John Ternus. Wall Street is fine with it; Main Street, less so. The stock fell nearly 1% to around $270 after Tuesday’s open on news Ternus would succeed Cook on Sept. 1, with Cook transitioning to executive chairman after 15 years as CEO. Wedbush, Evercore, Citi,
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Meet Blackstone’s ‘accidental influencer’ who made LinkedIn jogs Wall Street’s must‑watch content
It is nine degrees on a Sunday in January, and while most New Yorkers are hunkered down during New York City’s largest snowfall in years, Blackstone’s president and chief operating officer is jogging through several inches of fresh snow in Central Park. Jonathan Gray sounds a little out of breath as the snow falls around
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How Carvana survived a 99% stock plunge: ‘We’re very comfortable being the underdog’
Carvana was one of the pandemic era’s biggest corporate winners. As consumers embraced online car buying and used-car prices surged, the company became a market darling and a symbol of digital disruption. By 2022, it had hit a wall. Interest rates were rising, used-car demand was weakening, and financing was getting more expensive. Carvana, which
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United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as the ‘dream team.’ Now Kirby wants to acquire his rival
One takeover attempt is bold. Two? Rare indeed. But when news broke in mid-April that the United CEO was interested in acquiring his rival American Airlines, it was the third time this maverick air exec decided he wanted to reshape the playing field. As Fortune reported earlier, it’s far from clear such a merger would
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Could United and American airlines really merge? 5 key questions about a blockbuster deal
In the past few days, headlines are buzzing over the possibility of a mega-mega-merger that before the news broke, would have seemed inconceivable: A possible tie-up between United Airlines and American Airlines. American already ranks as the world’s largest carrier by passengers flown, and United stands forth; at their current sizes, the combo would be
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Dow’s CEO pick elevates a seasoned insider at a pivotal moment for the chemical giant
Dow is making a closely watched leadership change at a pivotal moment for the chemical industry. The company said Thursday that Karen Carter, Dow’s current chief operating officer, will become CEO on July 1, 2026, succeeding Jim Fitterling, who has led the materials science giant since 2018. Fitterling will become executive chair of the board,
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Why an exec at biopharma giant Gilead Sciences prefers energy management over time management
For Johanna Mercier, Gilead Sciences’ chief commercial and corporate affairs officer, leadership starts with a clear accounting of what sustains performance across a global role. In a job that rarely conforms to fixed hours, she focuses on her energy: what drains it, what restores it, and how to protect enough of it to lead with
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This TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’
Allison Ellsworth admits she’s not the typical founder story. She was, by her own telling, “a solid C student,” a partier, someone who got arrested during spring break and later found herself driving across the country working in oil and gas research. Even now, after selling Poppi for $2 billion, she doesn’t try to polish
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Delta’s CEO spent 15 years turning the airline into a premium brand. Now it commands 20% more per seat than rivals
Delta Air Lines CEO Ed Bastian has never wavered in his commitment the same bet: that Americans will pay more for a better experience in the sky. Fifteen years in, the strategy is paying off. The airline now commands roughly 20% more revenue per seat than its competitors, and premium cabin revenue is on the