
- In today’s CEO Daily: Diane Brady on Satya Nadella’s smaller public role.
- The big story: S&P 500 decline looks set to continue.
- The markets: In the red, with sharp drops in Asia.
- Plus: All the news and watercooler chat from Fortune.
Good morning. Microsoft Ignite, the tech giant’s annual developer and IT conference, will kick off this morning in San Francisco. For the first time since he brought together Microsoft’s disparate tech events under one banner as a rookie CEO a decade ago, Satya Nadella will not deliver the opening keynote. Instead, that role will go to Judson Althoff, who leads Microsoft’s commercial business. That’s a shame as we need to be hearing more from CEOs like Nadella right now, especially given his stature in a time of mounting public mistrust of both tech leaders and AI.