Several prominent companies will begin the new year with new CEOs who will be officially installed on New Year's Day.
Corporate succession planning can be an eventful process, and the change in calendar year presents a direct opportunity for a company's new leaders to hit the ground running from the beginning of the year.
Krispy Kreme, Morgan Stanley, and Sherwin-Williams are among the notable companies that will have new chief executives effective January 1, 2024. Let's introduce three CEOs who have just been appointed.
Crispy cream
Popular donut chain Krispy Kreme has hired Josh Charlesworth as its new president and CEO. Charlesworth will remain on Krispy Kreme's board of directors as a senior advisor and brand ambassador as part of Krispy Kreme's succession plan, succeeding Michael Tattersfield, who served as CEO from 2017 to 2023. Become.
Krispy Kreme hires Josh Charlesworth as its new CEO. Charlesworth will replace Michael Tattersfield. (Photo illustration: Justin Sullivan/Getty Images)
“I couldn't be more excited to hand over the CEO role to Josh,” Tattersfield said in a press release. “Transforming Krispy Kreme's brand and culture has been a highlight of my career. Thank you very much to our wonderful Crispy Cremers.” People who continue to inspire me. Josh's shared passion for the brand, Crispy Kremer, and the most amazing donuts gives us the utmost confidence in our continued success, and I look forward to seeing everything he accomplishes. I'm doing it. ”
Mr. Charlesworth joined Krispy Kreme in 2017 and most recently served as the company's global president and chief operating officer. He previously served as Krispy Kreme's chief financial officer. He said it was an “honor and privilege” to lead Krispy Kreme, adding, “We look forward to working together to bring convenient, great, fresh donuts to even more consumers around the world.” I’m coming,” he added.
morgan stanley
Financial services and investment banking giant Morgan Stanley will hire co-president Edward “Ted” Pick as its new CEO, effective January 1, and he will also join the company's board of directors. Mr. Pick will succeed James Gorman as CEO of Morgan Stanley after Mr. Gorman announced his intention to step down at Morgan Stanley's 2023 annual general meeting.
Mr. Gorman joined Morgan Stanley in 2006 and was promoted to CEO on January 1, 2010, transitioning to the role of executive chairman. In a press release, he said he had worked with the board for several years to ensure an orderly transition and said the board's “choice of Ted Pick was an excellent one.”
“Morgan Stanley is a prestigious company, and I am honored to have been chosen to lead it,” said Pick. He added: “Thanks to James' excellent leadership, we are now well-positioned for success across market cycles and are excited about the growth opportunities ahead.”
sherwin williams
Sherwin-Williams, a leader in the manufacturing, development, distribution and sales of paints and coatings, has named Heidi Petz the company's new CEO, effective January 1, 2024. Pez has served as the company's president and chief operating officer for the past two years. He first joined the company in 2017 after its acquisition of Valspar by Sherwin-Williams.
Commenting on his successor, Mr. Morikis said, “Heidi is a valued member of my leadership team and has a proven track record of driving growth and operational excellence while creating additional value for our customers, shareholders and employees. With this transition, Heidi becomes the 10th CEO in the company's 157-year history.”
