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Fortune

Diane Brady

Cushman & Wakefield’s Michelle MacKay on the advantages of board-to-CEO leaders

Cushman GE Fortune Diane Brady Cushman & Wakefield (

(Credit: Courtesy of Cushman & Wakefield)

In today’s CEO Daily: Diane Brady talks to Cushman & Wakefield’s Michelle MacKay.
The big story: Trump may or may not be trying to get a ceasefire in Iran.
The markets: Resting easy.
Analyst notes from Convera on the weakening dollar, Macquarie on Iran and the oil market, and Oxford Economics on business sentiment
Plus: All the news and watercooler chat from Fortune.

Good morning. Cushman & Wakefield’s Michelle MacKay, Larry Culp of GE, Richard Dickson of Gap, and Carol Tomé of UPS all have something in common: They were appointed CEO after serving on the boards of companies they now run. Such board-to-CEO transitions have become more common for multiple reasons, from the complexity of the business landscape to a desire for boards to instill seasoned leaders they know and trust. For MacKay, serving on three public boards after retirement stoked her ambitions to take on a CEO role.

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