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Motley Fool Hidden Gems Investing

3 CEOs Walk Into A Bar...

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 7 September 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

It's CEO Day! (Ok, not really, but CEOs were very much in the news today.) (0:21) Jason Moser discusses: - Target eliminating a long-standing policy to extend Brian Cornell's job as CEO for 3 more years - Starbucks' plan to spend the next six months onboarding CEO-in-waiting Laxman Narasimhan (17:50) Ricky Mulvey talks with Entrepreneur Magazine editor-in-chief Jason Feifer about key takeaways from his new book Build for Tomorrow: Embrace Change, Adapt Fast, and Future-Proof Your Career and Life. Stocks mentioned: TGT, SBUX, DIS, SQ, BRDS, NFLX Host: Chris Hill Guests: Jason Moser, Ricky Mulvey, Jason Feifer Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

3CEO is walking to a bar.

0:07.8

Motley Full Money starts now.

0:11.6

I'm Chris Hill joining me today.

0:22.3

Motley Full Senior Analyst Jason Moser.

0:24.1

Thanks for being here.

0:25.3

Hey, thanks for having me.

0:27.6

We're going to talk about Apple's event tomorrow.

0:29.8

Today we're going to talk about CEOs.

0:31.9

Now let's start with Target because Target announced that CEO Brian Cornell is going to be

0:37.2

in the job for another three years, which is noteworthy because apparently Target had

0:44.0

a policy in place that CEOs have to retire when they hit the age of 65.

0:50.2

Cornell is 63, which was another surprise to me.

0:52.8

He does not look 63 years old.

0:54.6

He looks great.

0:56.8

But where do you want to go with this?

1:01.8

When you and I were talking earlier today, you did not seem so.

1:04.9

I was surprised by this policy.

1:06.4

I didn't know they had it.

1:08.2

You didn't seem all that surprised.

1:10.0

No, I mean, it's definitely something that I think it was more common than it probably

1:16.9

is now.

1:18.2

It is something that was far more common years ago.

...

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