Several leading companies will usher in the new year with a new CEO who officially assumes the role on New Year’s Day.
Corporate succession planning can be a tumultuous process, and the changing calendar year presents an easy opportunity for new company leadership to hit the ground running.
Krispy Kreme, Morgan Stanley and Sherwin-Williams are among the notable companies that will lead new chief executives effective January 1, 2024. Here’s a look at the three newly minted CEOs.
Krispy Kreme
Popular donut chain Krispy Kreme welcomes Josh Charlesworth as the company’s new president and CEO. Charlesworth takes over from Michael Tattersfield, who served as CEO from 2017 to 2023 and will remain on the company’s board of directors as a senior advisor and brand ambassador as part of Krispy Kreme’s succession plan.
Krispy Kreme welcomes Josh Charlesworth as its new CEO. Charlesworth replaces Michael Tattersfield. (Photo Illustration by Justin Sullivan/Getty Images)
Tattersfield said in a press release he “couldn’t be more pleased to turn over the role of CEO to Josh” and added: “Transforming the Krispy Kreme brand and culture has been a highlight of my career, and I am truly grateful for our amazing Krispy Kremers. continues to inspire me. Josh’s shared passion for the brand, our Krispy Kremers, and amazing donuts gives me great confidence in our continued success and I look forward to watching all he will accomplish.”
Krispy Kreme welcomes Josh Charlesworth as its new CEO. Charlesworth replaces Michael Tattersfield. AFP via Getty Images
Charlesworth joined Krispy Kreme in 2017 and most recently served as the company’s global president and chief operating officer. He previously served as Krispy Kreme’s chief financial officer. He said it was “an honor and a privilege” to lead Krispy Kreme, adding: “Together, we will continue to create great, fresh donuts that are readily available to more consumers around the world.”
Morgan Stanley
Financial services and investment banking giant Morgan Stanley will welcome co-president Edward “Ted” Pick as its new CEO effective January 1, when he will also join the firm’s board of directors. Pick replaces James Gorman as CEO of Morgan Stanley following Gorman’s announcement at the firm’s 2023 annual general shareholder meeting that he intends to step down.
Incoming CEO of Morgan Stanley Ted Pick. Reuters
Gorman joined Morgan Stanley in 2006 and was promoted to Chief Executive Officer on January 1, 2010, and he will transition to the role of executive chairman. He said in a press release that he worked with the board for several years to ensure an orderly transition and said “the board’s selection of Ted Pick is an outstanding one.”
“Morgan Stanley is a storied institution, and I am honored to have been chosen to lead it,” said Pick. He added, “Thanks to James’ outstanding leadership, our firm is now well-positioned to succeed across market cycles, and I am excited about the opportunities for future growth.”
Sherwin-Williams
Heidi Petz will serve as the new CEO of Sherwin-Williams, replacing John Morikis. Christopher Sadowski
Sherwin-Williams – a leader in the manufacture, development, distribution and sale of paints and coatings – named Heidi Petz as the company’s new CEO effective January 1, 2024. Petz has served as the company’s president and chief operating officer for the past two years and first joined the company in 2017 following Sherwin-Williams’ acquisition of Valspar.
Morikis said of her successor, “Heidi has been an invaluable member of my leadership team, demonstrating a track record of driving growth and operational excellence that has generated increased value for our customers, shareholders and employees. With this transition, Heidi becomes only the tenth CEO in the company’s 157-year history.”
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Source: thtrangdai.edu.vn/en/
