CEO Shakeups

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 29 June 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

CEOs at Pinterest and Bed, Bath, and Beyond are heading for the exits. And that may be just the beginning. (0:31) Deidre Woollard and Tim Beyers discuss: - Where Pinterest has room to grow. - How stock investors should react to a CEO change. - Nike’s move to a direct-to-consumer strategy. Rachel Warren interviews Ali Parsa, CEO of Babylon Health, a digital-first health service provider. (17:40) They discuss the company’s journey going public and the exciting frontiers of genetic research. Stocks mentioned: PINS, DOCU, BBBY, PYPL, NKE, SAP, BBLN Host: Deidre Woollard Guests: Tim Beyers, Rachel Warren, Ali Parsa Producer: Ricky Mulvey Engineers: Rick Engdahl, Brandon Gentry Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We've got CEO Shakeups at Pinterest and Bed Bathroom Beyond and also a major back office
0:10.4	change for Nike.
0:12.2	You're listening to Motley Full Money.
0:17.5	Welcome to Motley Full Money.
0:18.7	Today we are looking at CEO Shakeups.
0:21.3	I'm Deedra Woolard sitting in for Chris Hill and I'm joined by Motley Full Senior
0:24.7	Analyst Tim Byers.
0:25.7	Hey Tim.
0:26.7	Hey Teedra, fully caffeinated.
0:28.9	Are you ready to go here?
0:30.5	Awesome.
0:31.5	Yesterday we heard that Pinterest CEO Ben Silverman is stepping down.
0:36.3	Why now?
0:38.2	That's a really interesting question because I think he's been under fire for quite some
0:44.9	time.
0:45.9	Pinterest has sort of been figuring itself out and growing into a somewhat different
0:50.2	company.
0:51.2	There have also been some personal challenges here.
0:54.4	There have been discrimination lawsuits.
0:59.5	There's been some cultural upheaval at Pinterest I think is fair to say.
1:03.3	So the business has been in transition for some time.
1:07.6	I'm not sure, but to hear the official explanation, it is that the upheaval that Pinterest has
	...

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