AI was supposed to kill consulting. Instead, Julie Sweet has positioned Accenture to cash inIn a time of change and uncertainty, the CEO offers a bold playbook for Fortune 500 companies to disrupt themselves. Jul 31 25July 31, 2025Article at Fortune
Ben and Jerry sold out to Unilever 25 years ago—now they’re going to warIn a lawsuit, the ice cream company accuses parent company of interfering with its social activism. The consumer giant calls the accusations “meritless.” Apr 23 25April 23, 2025Article at Fortune
How Joann Fabrics went from a cult-favorite retail darling to a bankruptcy disasterGenerational spending shifts, a leveraged buyout, and a post-pandemic whiff have all contributed to the death of a beloved American institution. Mar 29 25March 29, 2025Article at Fortune
23andMe was once worth $6 billion. Now CEO Anne Wojcicki wants to buy it back for $42 millionHere’s why the deal could raise red flags and has made some shareholders nervous. Mar 07 25March 07, 2025Article at Fortune
Kelly Stonelake says her lawsuit against Meta alleging sexual discrimination and a culture of silencing women has struck a chordKelly Stonelake hopes her case against her former employer will help change the environment for women who still work at Meta. Feb 21 25February 21, 2025Article at Fortune
At Paramount—as moguls, executives, and 3 CEOs struggled for control—some employees describe a brutal yearLayoffs usually follow a merger, but Paramount Global fired its CEO, then cut some 2,000 employees, as deal talks with billionaires started and stalled. Dec 31 24December 31, 2024Article at Fortune
Here's how Southwest plunged from beloved airline icon to activist investor targetA failure to change with the times led to a leadership shakeup. Oct 26 24October 26, 2024Article at Fortune
23andMe’s entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savableKyle Grillot—Bloomberg/Getty Images Anne Wojcicki wanted to run things—alone. It was 2009 and her startup 23andMe was riding high, fueled by a steady stream of venture money, intriguing personal accounts of genome exploration, and the novelty of… Oct 17 24October 17, 2024Article at Fortune
Billionaire Autonomy cofounder Mike Lynch’s and Stephen Chamberlain’s careers were intertwined for years in a fraud trial. Then they died on the same day miles apartLast Saturday morning, Stephen Chamberlain left his home in an English village near Cambridge for a morning run, logging his route on the popular running app Strava. He didn’t return. At about 10:10 a.m., according to local police, the 52-year-old… Aug 27 24August 27, 2024Article at Fortune
CEOs are shelling out up to $15,000 for psychedelic mushroom retreats to reinvent their leadership styleThe first hallucination arrived shortly after Peggy Van de Plassche finished her serving of dried psilocybin mushrooms, pulled down her eye mask, and laid back on a Japanese-style futon. “I saw a man standing above me,” she recalled. “He was a shaman… Aug 26 24August 26, 2024Article at Fortune
The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change thatWashington County/Handout via REUTERS At around 1 a.m. on June 13, John Randal Tyson, the slim and boyish 34-year-old scion of the Tyson Foods empire, tried to level with the Fayetteville, Ark., police officer who just pulled him over for suspected… Aug 06 24August 06, 2024Article at Fortune
Welcome to the era of the ‘nepo CEO’: David Ellison’s Paramount victory cements a new kind of corporate leaderLatest in Leadership an hour agoLeadership - leadershipWelcome to the era of the ‘nepo CEO’: David Ellison’s Paramount victory cements a new kind of corporate leader2 hours agoSuccess - chief executive officer (CEO)Tubi’s CEO credits being promoted… Jul 12 24July 12, 2024Article at Fortune
How a powerful executive at Nike and Facebook secretly stole millionsBarbara Furlow-Smiles, an ex-DEI manager at Facebook and Nike, pleaded guilty to wire fraud in an Atlanta federal court. Robin L Marshall—Getty Images It was a cool, mostly cloudy Thursday in late October when two men in suits turned up outside the… Jun 12 24June 12, 2024Article at Fortune
Adidas, Ye, and the death of DEI: A cautionary tale for corporate AmericaWatching the home-video clips of Beyoncé as a child, interspersed with glimpses of young girls of color stretching to hit the high notes in the pop star’s “All Night,” it’s hard not to feel chills. The Adidas “Impossible Is Nothing” ad campaign (the… Apr 26 24April 26, 2024Article at Fortune
It’s not your imagination. Women CEOs at Fortune 500 companies really do have shorter tenures than menWhen Helena Helmersson abruptly stepped down as the CEO of H&M Hennes & Mauritz last month, the few words she offered to explain her decision were picked over and examined like a sales rack at the fast-fashion retailer. Was she disillusioned? Burned… Feb 20 24February 20, 2024Article at Fortune
Microsoft CEO Satya Nadella’s response to the OpenAI board debacle is a masterclass on taking fast, decisive actionGood morning, Boards don’t like to be in the news. It’s unseemly. Directors are supposed to work behind the scenes, providing a company with guidance, occasionally managing orderly succession plans, not out there massively bungling a CEO’s firing,… Nov 21 23November 21, 2023Article at Fortune
Inside Illumina’s $8 billion deal that spurred a proxy fight with Carl Icahn and the ouster of 2 prominent Black Silicon Valley executivesVictor J. Blue—Bloomberg/Getty Images; Chip Somodevilla—Getty Images; Brendan McDermid—Reuters The idea that a simple blood test could detect early cancer in a healthy person has always seemed like a possibility that might one day benefit future… Jul 25 23July 25, 2023Article at Fortune
Netflix cofounder Reed Hastings’ post-retirement project: Powder Mountain, the stalled Utah ski resort once hyped as a utopia for founders and billionairesGetty Images—Netflix/Ernesto S. Ruscio Three months after announcing that he’d step down as CEO of Netflix, Reed Hastings has found his next project: He just became a co-owner of Powder Mountain, a troubled Utah ski resort that, as Fortune recently… Apr 18 23April 18, 2023Article at Fortune
From Richard Branson to Tim Ferriss to Nouriel Roubini, meet 43 business bigwigs tied to failed plans for a hipster Davos in UtahAmong the investors and homeowners who bought into Summit Powder Mountain are, from left: Chris Blackwell, founder of Island Records; Martin Sorrell, founder of WPP; Reed Hastings, cofounder of Netflix; Tim Ferriss, the entrepreneur of 4-Hour… Apr 05 23April 05, 2023Article at Fortune
The young creators of a ‘TED meets Burning Man’ conference bought a $40-million mountain in Utah to build a Davos for hipsters. What could go wrong?The Summit Series conferences are wildly popular extravaganzas. But building an eco-friendly ski resort for the rich and famous is quite a different undertaking. MORGAN RACHEL LEVY—REDUX Subscribe to Well Adjusted, our newsletter full of simple… Mar 31 23March 31, 2023Article at Fortune