Good morning.
Things change fast in the world of business. Earlier this week, we published Michal Lev-Ram’s Leadership Next interview with Flexport CEO Dave Clark, a supply-chain ninja who left Amazon after he lost the CEO bake-off to Andy Jassy. “It’s hard to believe I’ve been a year already at Flexport,” Clark told Michal, “but I’ve had a lot of fun in that amount of time.” Yesterday, the fun ended. Clark resigned, handing the reins back to founder and “executive chair” Ryan Petersen after just one year on the job.
That came just a few days after Walgreen’s CEO Roz Brewer, who was slated to speak at Fortune’s CEO Initiative in November, stepped down after just three years on the job. Neither Brewer nor the company provided much detail—and Brewer canceled her CEO Initiative appearance. But all signs point to strategic differences with the company’s former CEO and current “executive chair” Stefano Pessina.
