First Pass

27 stories from 12 sources

Leadership resets meet bigger bets and sharper governance tests

Day’s Recap

Supporting Articles

McDonald’s CEO Chris Kempczinski has tapped Skye Anderson to lead efforts to restore sales growth in the company’s largest market. Anderson has handled difficult assignments before and will focus on improving the chain’s value proposition.

2:40 PMFortune

McDonald’s appointed a new president for its US business after reporting its slowest growth in more than a year. The change is intended to bring greater focus and urgency to the company’s largest market.

12:53 PMBloomberg Markets

McDonald's appointed longtime company executive Skye Anderson as president of its U.S. business. Anderson, a 26-year veteran, succeeds Joe Erlinger as growth slows in the company's largest market.

10:32 AMCNBC

Anthropic appointed former California Supreme Court Justice Mariano-Florentino "Tino" Cuéllar as its first chief global affairs officer. He will oversee policy, international engagement and government relationships as the company expands its work with governments worldwide.

3:49 PMPYMNTS

Novo Nordisk's chief executive, Mike Doustdar, says the company is open to large acquisitions and expects some failures as it works to reduce its dependence on weight-loss drugs.

12:00 AMFinancial Times

Nazara Technologies posted an Rs 82.47 crore net loss in the first quarter, while operating revenue fell 14% to Rs 428.77 crore. CEO Nitish Mittersain will step down on September 1, 2026, with Raymond Albaladejo Stauffer set to take over. The company also revised its acquisition terms for Bluetile Games and Bestplay Systems.

12:17 AMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

BankSouth Mortgage appointed Erin Dee as senior vice president and chief innovation officer. She will focus on artificial intelligence and operational improvements as the lender targets $2 billion in production.

4:32 PMHousing Wire

Arrow Real Estate Advisors hired Jeffrey Weinberg as a managing director. Weinberg co-founded Meridian Capital Group in 1991 and brings experience in real estate capital markets to the New York-based advisory firm.

4:09 PMHousing Wire

Newmark executive vice chairman Munish Viralam joined the firm after 18 years at CBRE. He is leading Newmark’s newly centralized real estate strategy and consulting group, expanding its strategic advisory work and helping corporate tenants manage real estate decisions and negotiations.

3:30 PMHousing Wire

Canopy MLS named Steve Byrd its first standalone CEO after separating the MLS operation from its association structure. Byrd will focus on technology delivery and member service while the association retains its own leadership priorities.

2:49 PMHousing Wire

Since taking over the G.H. Bass license in 2025, Aldo Product Services has been updating the 150-year-old footwear brand while preserving its historical identity. The strategy aims to connect the label's heritage with current consumer expectations.

12:56 PMWWD

VOX CEO Adam Benowitz argues that AI will accelerate executive work without necessarily improving judgment. He links that risk to tighter financing, fewer opportunities to develop talent, and more consequential decisions.

12:23 PMChief Executive

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