Curing Alzheimer’s; WeWork’s Platinum Parachute; CEO Musical Chairs

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 23 October 2019

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

CEOs are stepping up, down, and all around. Nike’s longtime leader is hanging up his sneakers a day after Under Armour’s. Biogen CEO Michel Vounatsos is on set to share new results for an old Alzheimer’s study and explain why this time, the drug’s headed for the FDA. Honeywell CEO Darius Adamczyk maps out his company’s future for Joe, Becky, and Andrew (HINT: you won’t find thermostats). The Squawk Box team breaks down the deal Softbank made with former WeWork CEO Adam Neumann. Plus, more leadership changes at Boeing and some carne asada and chipwiches to get you through the day.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. See, We worked the latest in the Platinum parachute for founder Adam Newman.
0:24.0	He's the only one who's going to be made whole.
0:25.0	Everybody else is losing their shirts on the deal.
0:27.0	I don't know. That's even true.
0:28.0	With some fresh reporting from our Andrew Ross-Sulkin.
0:31.0	Alsimer's about face with the CEO of Biogen. Mar Andrew Ross-S
0:35.2	Ross-Sulkin.
0:32.0	Allsheimer's about face with the CEO of Biogen.
0:34.8	Think what it means for the patients, for the caregivers.
0:37.7	A possible miracle drug and the miracle move made by the company's stock.
0:42.1	And Honeywell, way beyond thermostats,
0:44.7	the CEO is looking forward.
0:46.4	We have something new and unique.
0:47.9	I mean, so much so that I believe this
0:49.3	is going to be a revenue generating venture.
0:51.8	We've got those stories and more from Carnay Asada to filling the CEO shoes at Nike.
0:57.0	Huge news, this is huge.
0:59.0	I'm C. NBC producer Katie Kramer, it's Wednesday, October 23rd, 2019, Squack Pod begins right now.
	...

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