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Dec 5, 2019
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easterbrook being one of them. ceos are being held on a shorter lease.e fresh data. >> i want to point out some of these ceos stay with the company. 438 remain at their respective companies in different roles some of those you talk about will be the chairman, larry page is remaining on the board. is this a sign that we're seeing the top of the market? >> i'm not sure i would classify it in those terms. it's not easy being a ceo. i'm not saying that we should feel sorry for a man or woman in that role. there are tremendous pressures especially if you're a public company. you then have the share holders. you have wall street looking at everything that you do i think that maybe it's just a confluence that many are stepping down. i don't think there's a rush to say ceos need to start over again bringing somebody else there's a lot of pressure and especially in today's world where everything that everybody does is known about instantaneously and there may be a burn out factor that contributes to them saying i need to turn it over to somebody else >> activist
easterbrook being one of them. ceos are being held on a shorter lease.e fresh data. >> i want to point out some of these ceos stay with the company. 438 remain at their respective companies in different roles some of those you talk about will be the chairman, larry page is remaining on the board. is this a sign that we're seeing the top of the market? >> i'm not sure i would classify it in those terms. it's not easy being a ceo. i'm not saying that we should feel sorry for a man or...
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Dec 2, 2019
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why don't you spend more time on it >> on what >> on what happened. >> easterbrook was not married >>'t know. >> not a spouse issue or anything else. he just set a policy he didn't obey. >> i don't -- look, i don't agree the idea is we should spend more time on it, but i do think female viewers in particular who said why are you glossing over it >> i don't think that's fair i don't think we glossed over it at all. >> okay. >> you know what, we got to move on. >> i just -- i just think that mcdonald's, not the same >> no. we talked -- spent a lot of time, a lot of time talking about easterbrook. >> in hiding here. >> i don't know who is he. the new ceo. >> he's in hiding. >> one guy not in hiding, bob pisani. >> not at all. >> he's right out there on the floor. he's got more on what's moving. >> good to see you again it is great to be back as always here we started positive move to negative territory, cyclicals doing better, banks doing well, yields are up, good for banks overall. that makes it tough for home builders, they're down today energy strong, despite what's going on with apac
why don't you spend more time on it >> on what >> on what happened. >> easterbrook was not married >>'t know. >> not a spouse issue or anything else. he just set a policy he didn't obey. >> i don't -- look, i don't agree the idea is we should spend more time on it, but i do think female viewers in particular who said why are you glossing over it >> i don't think that's fair i don't think we glossed over it at all. >> okay. >> you know what,...
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Dec 24, 2019
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if you have any kind of deviation from corporate standards as we saw at mcdonald with steve easterbrook culture like mark parker at nike, i think it's got to happen or if the profits aren't there, you can't solve the problem. i think it's very -- it's inevitable that boeing was going to make a change and boeing is lucky to have dave calhoun to step in and to lead the company. he's a very experienced aerospace guy and aviation guy i think he can do that at boeing i think you will see more changes coming up. the time frame for ceos to perform is very short, particularly earlier in their tenure >> yeah. well you went to boeing where we were headed, so, you know, i'm curious, do you think the board also needs to be shaken up at all when it comes to boeing beyond just the executive suite, bill >> i think they have an outstanding board, david i'm not worried about the board. i think they needed to give dennis a shot and he just -- the problem with boeing is they didn't move quickly when they had the crisis they wait too long and should have done it in october when they had the first stretch a
if you have any kind of deviation from corporate standards as we saw at mcdonald with steve easterbrook culture like mark parker at nike, i think it's got to happen or if the profits aren't there, you can't solve the problem. i think it's very -- it's inevitable that boeing was going to make a change and boeing is lucky to have dave calhoun to step in and to lead the company. he's a very experienced aerospace guy and aviation guy i think he can do that at boeing i think you will see more...
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Dec 23, 2019
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charles: phil, i have a investment theme about new ceos, whether you go with mcdonald's when they got easterbrook, darden restaurants, chipotle mexican grill. ceo from talk -- taco bell. they are up 2 hundred%. i think it's a buy signal. is it too early? >> i think you have to wait six weeks to see what his initial statement is. here's why. revenue from boeing, arguably the best engineering company on planet today from all different things they make. part one revenue there. however systematically is there a problem? we see that with the rocket. didn't handle the situation not publicly, not engineeringwise. i have to pause for a moment. but you're right, price is still up for the year. i would rather buy it in 310s, 315s get real capitulation. charles: we'll see if it get there is. after the latest news came out, the stock held at 320 which was huge support, part of a buy signal. broaden this out a little bit, is this the greatest ever? is this the goat? >> i don't know the exact number on that. originally i thought 2013. with dividends you have to go way back to the '90s to find a better market.
charles: phil, i have a investment theme about new ceos, whether you go with mcdonald's when they got easterbrook, darden restaurants, chipotle mexican grill. ceo from talk -- taco bell. they are up 2 hundred%. i think it's a buy signal. is it too early? >> i think you have to wait six weeks to see what his initial statement is. here's why. revenue from boeing, arguably the best engineering company on planet today from all different things they make. part one revenue there. however...
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Dec 31, 2019
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steve easterbrook of mcdonald's. let's move on to that one.a positive impact on the company and stock price. but a consensual relationship with a company employee violated company policy, yeah he had to go. this one i thought was interesting, juul labs, kevin burns. he resigned as president becamed e-cigarettes. burns was replaced by a executive rat altria group. that is interesting one. larry page from alphabet. sunday dare pichai replacing them. big tech will face some regulatory issues and challenges for sure. interesting to see if page is trying to distance himself from that. charles: looking at your list, two things. a lot of things are changing. more likely get fired for a consensual relationship than bad earnings. the golden parachutes for these folks. we're still learning about neumann's compensation on the way out would be well over a billion dollars. >> absolutely. there is more accountability, not just to the shareholders but to the public. whether personal indiscretion kind of situation, something where you messed up in terms of yo
steve easterbrook of mcdonald's. let's move on to that one.a positive impact on the company and stock price. but a consensual relationship with a company employee violated company policy, yeah he had to go. this one i thought was interesting, juul labs, kevin burns. he resigned as president becamed e-cigarettes. burns was replaced by a executive rat altria group. that is interesting one. larry page from alphabet. sunday dare pichai replacing them. big tech will face some regulatory issues and...
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Dec 26, 2019
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stock down 8.5% in september mcdonald's that surprising exodus steve easterbrooke, yet the stock is okayige saying i will step aside as well, sundhar has taken over expedia performing quite well. wells fargo you may recall, tim sloan, of course, not unexpected, late march stepped down, stocks up so.4% since then, charlie sharpe of course taking over. boeing we talked about very early, we've had one sex or two to digest that news. gap, we mentioned it earlier, down 2.3%. what can you say is fundamental also what has to do with the ceo departing? finally they put pg & e, that bankruptcy is too complicated, so many moving parts. >> all four of these companies have very specific issues around them they're not sector issues. iwas struck by a few people. uber, kanick wework kevin burns, also, so slightly different question, i'm wondering if this is sort of the high watermark for founder gurus, are they out of fashion now? are they out of style? or do we have less tolerance we don't want raw visions >> bob, it's a good question if their company is losing money hand over fist, perhaps the spacio
stock down 8.5% in september mcdonald's that surprising exodus steve easterbrooke, yet the stock is okayige saying i will step aside as well, sundhar has taken over expedia performing quite well. wells fargo you may recall, tim sloan, of course, not unexpected, late march stepped down, stocks up so.4% since then, charlie sharpe of course taking over. boeing we talked about very early, we've had one sex or two to digest that news. gap, we mentioned it earlier, down 2.3%. what can you say is...
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Dec 31, 2019
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we don't necessarily know that it's back, and meantime, the third one was steve easterbrook of mcdonald'son this company and the stock price as well but a consensual relationship with an employee, it was a violation of company policy and he had to go. chris kapinski took over for him and fourth was jewel labs ceo kevin byrne, who resigned in september and blamed flavored e- cigarettes for the surging use among young people and he was replaced by an executive at altr ia group, who has a stake in jewel and finally, larry page from alphabet google, ceo, and this is the company that faces most likely regulatory challenge s next year and a lot of people think larry page wanted to step away from that. will be interesting to see how the stories play out. >> jackie, speaking of interesting we don't have any details on carlos ghosn, right? it's just like he left japan and now he's in lebanon and we don't know what happened in between right? >> that's pretty much all we know. we don't know exactly how it happened but it certainly sounds like a calculated move and we reported at the top of the segme
we don't necessarily know that it's back, and meantime, the third one was steve easterbrook of mcdonald'son this company and the stock price as well but a consensual relationship with an employee, it was a violation of company policy and he had to go. chris kapinski took over for him and fourth was jewel labs ceo kevin byrne, who resigned in september and blamed flavored e- cigarettes for the surging use among young people and he was replaced by an executive at altr ia group, who has a stake in...
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Dec 26, 2019
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we have the high profile departure of steve easterbrook in november.nk chris is actually a strong leader not getting enough credit from the market at this point either >> yeah. do you think mcdonald at this point still trying to learn about this new strategy. but mcdonald's does in a way carry the additional burden of being a legacy player. you have chipotle reinventing its food menu. does mcdonald's have what it takes to keep up with peers in 2020 >> i do. i think on two fronts. the company is still benefits from its future modeling of the restaurants in order to bring in digital ordering, table services in some cases too. but i think the real opportunity here and i think what chris is going to be known for going forward is some of the reinvention at the drive-thru. one dynamic yield which is a predictive ordering platform for the drive-thru the other is voice ordering. i think we're going to start to see some benefit from this in 2020 in particular on the predictive ordering front. you go through a drive-thru. technology can make predictive ordering
we have the high profile departure of steve easterbrook in november.nk chris is actually a strong leader not getting enough credit from the market at this point either >> yeah. do you think mcdonald at this point still trying to learn about this new strategy. but mcdonald's does in a way carry the additional burden of being a legacy player. you have chipotle reinventing its food menu. does mcdonald's have what it takes to keep up with peers in 2020 >> i do. i think on two fronts....
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Dec 31, 2019
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then steve easterbrook from mcdonald's.se he did so much good for that company. he was so successful. he had a relationship, it was consensual, a romantic relationship. did not coincide with the bylaws of the company. they didn't report it. therefore he had to step down. also looking at kevin burns of joule. he stepped down after the president banned flavored e-cigarettes not too long ago. i feel like juul look a lot of heat what is going on with e-cigs. last but not least, larry page, sundar pichai taking over that one. this will being interest to see if this is part of the plan next year and how much regulation and problems these companies will be facing. ashley: a lot of departures for various reasons you pointed out. jackie, thank you very much. >> thanks. ashley: streaming news, "the mandalorian" is no longer on top. the question is, what is on top? susan: the witcher, was top show in the u.s., nearly 127 million demand expressions. the ma mandalorian very cute baby yoda, 150 demand expressions. i'm not sure comparing
then steve easterbrook from mcdonald's.se he did so much good for that company. he was so successful. he had a relationship, it was consensual, a romantic relationship. did not coincide with the bylaws of the company. they didn't report it. therefore he had to step down. also looking at kevin burns of joule. he stepped down after the president banned flavored e-cigarettes not too long ago. i feel like juul look a lot of heat what is going on with e-cigs. last but not least, larry page, sundar...
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Dec 16, 2019
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i'm thinking of mcdonald's, for example, steve easterbrook and a few others as well.not a big factor in the overall scheme of things, is it? >> no. they're not. what's interesting, i think last year was the peak for that. in november there were four exits for misconduct. there were 14 overall in 2019 so far. that's much lower than last year. my theory on this is we are actually entering a new normal where we just have a much higher level of ceo exits and ceo transitions, and here's why. we have to look to the sports world to understand. in college football, there's the coaching carousel where coaches are constantly moving because of performance. we are now in a hyper-competitive age where you are replaced if you can't meet those numbers, you are replaced very quickly. you can see this in sports at a dramatic level. florida state bounced its coach after like a year and a half. you can see this in the nfl with the dallas cowboys coach in trouble. i think you are going to see that now in corporate america. stuart: it's a brutal thing and yet, in a way, it's a good thing.
i'm thinking of mcdonald's, for example, steve easterbrook and a few others as well.not a big factor in the overall scheme of things, is it? >> no. they're not. what's interesting, i think last year was the peak for that. in november there were four exits for misconduct. there were 14 overall in 2019 so far. that's much lower than last year. my theory on this is we are actually entering a new normal where we just have a much higher level of ceo exits and ceo transitions, and here's why....