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There's a new power player at CVS after Karen Lynch's dismissalbut he's not CEO - Fortune It doesn’t sound exciting, and it’s unlikely many people recognized Farah’s name, but investors should pay attention. At least strictly speaking, Farah, 71, has become the most powerful executive at this troubled company. His role in CVS’s turnaround attempt will probably be significant, and if few people know his name, that will be fine with him. When it’s suggested that his career consists largely of high performance and a low profile, he responds, “Thank you—that’s my strategy.”
The evidence of Farah’s newly conferred power at CVS is indicated by a single word: “executive.” He had already been chairman of the board for two years, but the difference between chairman and executive chairman is all the difference in the world. Directors who aren’t company employees do not have executive responsibilities. But “executive chair means executive management,” says Charles Elson, a corporate governance expert who has served on multiple boards. “When you’re executive chair, the buck stops with you. You’re the real CEO.”
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Work6 Essential Leadership Skills ? and How to Develop Them - Harvard Business Review The way we work has changed ? and so has leadership. Leaders are under new pressures to perform at higher levels and adapt quickly to changing demands. In this article, the author shares advice from three leadership experts and outlines the six skills leaders need to succeed: 1) emotional aperture; 2) adaptive communication; 3) flexible thinking; 4) perspective seeking, taking, and coordinating; 5) strategic disruption skills; and 6) resilient self-awareness. Developing these six key leadership skills isn?t just about your personal growth, it?s about shaping the future of work and inspiring those around you. WorkHow Wagner survived Yevgeny Prigozhin?s death - The Economist True friends, says Hassan Bouba, swigging from a mug with Vladimir Putin?s face on it, ?are those who are by your side in the most difficult moments. And Russia was with us in the most difficult of moments.? Mr Bouba is the minister of livestock in the Central African Republic (CAR), one of the world?s poorest and most fragile countries. He is referring to the help the Wagner Group, a Russian mercenary outfit, gave his government in dispatching an armed rebellion nearly four years ago. But Mr Bouba could equally have more personal memories in mind. In 2021 the minister was arrested by a UN-backed special court and charged with war crimes he allegedly committed when he was a rebel fighting a previous government. Yet after only a week in prison he was freed. Many suspected that Mr Bouba, known for his close personal ties to Wagner, had his Russian friends to thank.
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WorkFighting Florida's Invasive Python Problem One Step at a TimeDespite miles of ground covered as we drove through the Everglades under the cover of darkness, it was impossible to ignore the fact that we hadn?t spotted a single mammal. The expansive wetlands in South Florida have long had a reputation for being rich in biodiversity and brimming with wildlife. But the sad reality today is that native species like mammals, birds, and reptiles that call the region home are now in perilously short supply. The culprit behind the ecological upheaval is a destructive and unyielding foe?an invasive species that doesn?t belong in the Everglades, but whose successful adaptation to its new environment has had a devastating impact: the Burmese python. Work
WorkA battered Hamas charts path without its chief strategist - WSJ Israel’s yearlong military campaign in Gaza has hollowed out the Palestinian militant group Hamas and killed some of its top leaders. But the death of Yahya Sinwar this week deprived the group of its chief strategist and leading proponent of all-out war with Israel. WorkElectric motors are about to get a major upgrade thanks to Benjamin Franklin - WSJ A handful of scientists and engineers—armed with materials and techniques unimaginable in the 1700s—are creating modern versions of Franklin’s “electrostatic motor," that are on the cusp of commercialization. It’s reminiscent of the early 1990s, when Sony began to produce and sell the first rechargeable lithium-ion batteries, a breakthrough that’s now ubiquitous.
WorkWork WorkWorkWorkWorkWorkOne Direction was a package deal. But Liam Payne was different. - WSJ The first time Liam Payne auditioned for “The X Factor," in 2008, he was just 14 years old. For the British talent show’s judges, he performed “Fly Me to the Moon," snapping along to keep the beat while singing a cappella. He showed promise and advanced to the next stage of the competition, but Simon Cowell, the music executive, judge and pop impresario, ultimately told him to come back in two years, when he might be more prepared for the spotlight. WorkWorkWorkWorkYou Can Now See the Code That Helped End ApartheidJohn Graham-Cumming doesn’t ping me often, but when he does I pay attention. His day job is the CTO of the security giant Cloudflare, but he is also a lay historian of technology, guided by a righteous compass. He might be best known for successfully leading a campaign to force the UK government to apologize to the legendary computer scientist Alan Turing for prosecuting him for homosexuality and essentially harassing him to death. So when he DM’d me to say that he had “a hell of a story”—promising “one-time pads! 8-bit computers! Flight attendants smuggling floppies full of random numbers into South Africa!”—I responded. WorkThe Feds Are Coming for John Deere Over the Right to RepairThe Federal Trade Commission is investigating tractor manufacturer John Deere over long standing allegations that Deere makes its farm equipment hard to repair. The investigation has been ongoing since 2021, and we know more about it now thanks to a court filing made public on Thursday. WorkChickenpox, shingles, Alzheimer's? Evidence mounts for a viral cause of dementia - STAT Pascal Geldsetzer believes in open access, in disseminating science as quickly as it happens. Even so, last summer, as he uploaded the surprising results of his latest study to the MedRxiv preprint server, the Stanford University epidemiologist was feeling something other than the usual excitement. ?I was scared to put this up because it?s such a different approach from what?s generally done in epidemiology and medicine,? he said. WorkWorkWorkHow Republican Billionaires Learned to Love Trump Again - The New Yorker In February, the billionaire investor Nelson Peltz convened two dozen of the country?s wealthiest Republicans for a dinner at Montsorrel, his $300-million oceanfront estate in Palm Beach, just down the road from Mar-a-Lago. During the 2020 campaign, Peltz had hosted a lavish fund-raiser for Donald Trump at the mansion, which took in $10 million. But, in the aftermath of the January 6, 2021, attack on the Capitol, Peltz, like many Republicans of all income levels, had publicly denounced the President. In an interview with CNBC on January 7th, he apologized for his vote and said that Trump would always be remembered for that day?s ?disgrace.? ?As an American,? he added, ?I?m embarrassed.? WorkIs climate change really making hurricanes worse?The US presidential campaign is in its final weeks and we?re dedicated to helping you understand the stakes. In this election cycle, it?s more important than ever to provide context beyond the headlines. But in-depth reporting is costly, so to continue this vital work, we have an ambitious goal to add 5,000 new members. WorkThe Fight Over Ballots Has Already Begun in WisconsinIn the central Wisconsin city of Wausau, Mayor Doug Diny stoked fears over drop boxes in September by personally removing one that had yet to be fully installed. Last week at a City Council meeting, one Wausau resident insisted that she had seen drop boxes covertly stuffed with ballots on four different occasions when she was living in Colorado four years ago. Another man said that he believed there was “corruption” on the City Council over the issue and that the city clerk, who has local authority over drop boxes, was not doing her job. WorkTrump Tries to Rewrite History of Jan. 6 in Campaign's Final StretchHe reposted a meme that a user had originally posted on Thursday, which read: “January 6 will go down in history as the day the government staged a riot to cover up the fact that they certified a fraudulent election.” Those words appeared over two images of people swarming the outside of the Capitol building that day and waving American flags. Work5 Provisions in China's Panda Contracts With U.S. ZoosComparing these contracts with past agreements revealed that American zoo administrators are ceding increasing authority to the China Wildlife Conservation Association, a government group that administers many panda agreements. WorkAn Alarming Glimpse Into a Future of Historic DroughtsWith much of South America dependent on hydropower, electricity production has plunged. In Ecuador, people are enduring energy cuts of up to 14 hours per day, knocking out the internet and sapping the country’s economy. WorkWorkWorkAttention Required! | CloudflareThis website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. WorkTCAS averts possible head-on collision in Austin | Flightradar24 BlogOn 16 October, an American Airlines 737 (N800NN) and Cessna R182 Skylane (N738PG) came dangerously close as the airliner was preparing to land in Austin. The Cessna, which was not coordinating with the Austin approach controller, turned directly into the final approach path for Runway 36L causing a Traffic Collision Avoidance System (TCAS) Resolution Advisory on the 737. The two aircraft were separated by just 400 feet as the Cessna passed under the 737. WorkPsychotherapists in England must be regulated, experts say, after abuse claims riseA government spokesperson said: “Anyone seeking therapy deserves to have confidence and trust in their healthcare professional, which is why we urge the use of qualified practitioners accredited by the Professional Standards Authority for Health and Social Care [PSA]. To meet the standards for PSA accreditation, an organisation must have a focus on public protection and robust processes for handling complaints against practitioners.” WorkWorkWorkRevolut: More than 100 customers contact BBC about scamsRevolut told us they were unable to comment on cases that were still ongoing with the FOS but said they were “sorry to hear about any instance where our customers are targeted by ruthless and highly sophisticated criminals”. WorkWorkWorkTrump Thinks the Border Got Him Elected in 2016. He's Convinced It Will Do So Again.Mr. Trump has told aides that he beat Hillary Clinton in 2016 with the border but that in 2020 the border was “fixed” — illegal crossings had dropped to a dramatic low in part because of the coronavirus pandemic — so he could not use it as an issue against Joseph R. Biden Jr. He thinks immigration is more potent than ever as a political message, after the record levels of border crossings under the Biden-Harris administration and after he helped kill a bipartisan border security bill that the administration tried to pass. WorkIn a Bellwether Pennsylvania County, a Modest Loss Could Be a Win for Harris“The race is really close,” said Gov. Josh Shapiro, a Pennsylvania Democrat who managed to win Beaver County in his 2022 run for governor and, along with other top Democrats, has campaigned for Ms. Harris in tough blue-collar and rural territory. “Four, five, six hundred more votes in a place like Beaver County could be a real difference maker.” WorkHow Maya Rudolph's Impression of Kamala Harris Has ChangedMs. Harris presents a different challenge for an actor. She is less familiar to viewers than Mrs. Clinton. She is not personally emphasizing the historic nature of her candidacy. Her approach to Mr. Trump is different, heavy on mockery and ridicule. She herself is a more playful person, but she is also more unknowable — campy and careful, in one package. Work TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs.
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