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Fortune

Diane Brady

Dow’s next chapter under new CEO Karen Carter depends on how fast Jim Fitterling steps back

Jim Fitterling Karen Carter Dow Bob Iger Fortune Diane Brady Disney

(Credit: Jorge Lemus/NurPhoto via Getty Images)

In today’s CEO Daily: Diane Brady grades Dow on its succession planning.
The big leadership story: AI CEOs are facing physical risks.
The markets: Holding relatively steady as investors eye U.S.-Iran talks and digest early earning results.
Plus: All the news and watercooler chat from Fortune.

Good morning. Former Cisco Chairman and CEO John Chambers once told me that a CEO has three main tasks: to set the vision and strategy of the company, to hire the senior leadership team to get it done, and to create the conditions to successfully replace themselves. To that, I’d add a fourth: Know when and how to move aside.

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