Several prominent companies will ring in the new year with a new CEO who officially assumes the role on New Years Day.
Corporate succession planning can be a tumultuous process, and the changing of the calendar year presents a straightforward opportunity for a companys new leadership to hit the ground running from the outset of the year.
Krispy Kreme, Morgan Stanley and Sherwin-Williams are among the notable companies that will have new chief executives take the helm effective Jan. 1, 2024. Heres a look at the three freshly minted CEOs.
Popular doughnut chain Krispy Kreme is welcoming Josh Charlesworth as the new president and CEO of the company. Charlesworth takes over from Michael Tattersfield, who served as CEO from 2017 through 2023 and will remain on the companys board as a senior adviser and brand ambassador as part of Krispy Kremes succession plan.
Krispy Kreme is welcoming Josh Charlesworth as its new CEO. Charlesworth succeeds Michael Tattersfield. (Photo Illustration by Justin Sullivan / Getty Images)
Tattersfield said in a press release he “couldn’t be happier to transition the CEO role to Josh” and added: “Transforming the Krispy Kreme brand and culture has been a highlight of my career, and I am truly grateful for our amazing Krispy Kremers who continue to inspire me. Joshs shared passion for the brand, our Krispy Kremers, and freakin awesome doughnuts gives me the utmost confidence in our continued success and I look forward to watching all hell accomplish.”
Charlesworth joined Krispy Kreme in 2017 and most recently served as the companys global president and chief operating officer. He previously served as Krispy Kremes chief financial officer. He said its “both an honor and a privilege” to lead Krispy Kreme, adding: “Together, we will continue to make fantastic, fresh doughnuts conveniently available to more and more consumers around the world.”
Financial services and investment banking giant Morgan Stanley will welcome co-president Edward “Ted” Pick as its new CEO effective on Jan. 1, when he will also join the firms board of directors. Pick succeeds James Gorman as Morgan Stanleys CEO following Gormans announcement at the firms 2023 annual general shareholder meeting that he intended to step down.
Gorman joined Morgan Stanley in 2006 and was elevated to CEO on Jan. 1, 2010, and he will transition to the role of executive chairman. He said in a press release that he worked with the board for several years to ensure an orderly transition and said the boards “selection of Ted Pick is an outstanding one.”
“Morgan Stanley is a storied institution, and I am deeply honored to have been chosen to lead it,” Pick said. He added, “Thanks to James excellent leadership, our firm is now well-positioned to succeed across market cycles, and I am excited about the opportunities for future growth.”
Sherwin-Williams a leader in the manufacture, development, distribution and sale of paint and coatings named Heidi Petz as the companys new CEO effective Jan. 1, 2024. Petz has served as the companys president and chief operating officer for the last two years and first joined the company in 2017 following Sherwin-Williams acquisition of Valspar.
Morikis said of his successor, “Heidi has been an invaluable member of my leadership team, demonstrating a record of driving growth and operational excellence that has generated increased value for our customers, shareholders and employees. With this transition, Heidi becomes only the tenth CEO in the 157-year history of the company.”
Right-wing influencer Charlie Kirk has died after being shot while speaking to a large crowd on a university campus in Utah.
He was speaking to students about mass shootings on Wednesday when he was shot in the neck, leading students to flee and triggering a manhunt for the killer.
The 31-year-old Trump faithful was used to scores of people listening to him, both in person and online, as he advocated for conservatism among younger generations and became a leading voice in the Make America Great Again (MAGA) movement.
“No one understood or had the Heart of the Youth in the United States of America better than Charlie. He was loved and admired by ALL, especially me, and now, he is no longer with us,” the president wrote on Truth Social after his death.
But who was Charlie Kirk, what were his views and how did he become so influential?
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Who was Trump ally Charlie Kirk?
From high school protests to the president’s ally
Despite being younger than many of his contemporaries, Mr Kirk, born in Chicago in 1993, had been a staple of the right for some time.
His first taste of activism came when he and a classmate launched a protest against the rising price of food at his high school cafeteria. Soon after, as a high school senior, he wrote an opinion piece for the conservative news site Breitbart, in which he discussed liberalism in textbooks.
Image: Kirk in 2017. Pic: Colin Young-Wolff/Invision/AP
It catapulted him into politics, helping him get appearances on Fox News and at right-wing rallies, where he soon met activist Bill Montgomery.
They co-founded Turning Point USA, a non-profit aimed at mobilising college-age Republicans, when Mr Kirk was just 18, in 2012.
Turning Point would soon attach itself to Donald Trump’s presidential campaign in 2016, and went on to become a hugely successful entity, raising hundreds of millions of dollars as it helped build a coalition of young conservatives around the country.
The group’s website says it has 450 members of staff and presences in 3,000 high schools and college campuses.
While the organisation thrived, Mr Kirk became the young face of the MAGA movement on social media platforms, pushing Mr Trump’s big points, including his false claim that the 2020 election was stolen.
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A day before the January 6th riots in 2021, he wrote on X that he was organising for “buses of patriots” to Washington to “fight for the president”.
At the time of his death, father-of-two Mr Kirk had become one of the biggest online voices on the American right, with 7.3 million followers on TikTok, 7 million on Instagram, 5 million on X and 3.5 million on YouTube.
His podcast, The Charlie Kirk Show, is downloaded between 500,000 and 750,000 times each day, according to NBC News, and consistently charts highly on Spotify and Apple.
His influence was not lost on Mr Trump.
Image: Donald Trump and Charlie Kirk in July 2022. Pic: AP
He often spoke favourably about Mr Kirk, including multiple times on the campaign trail last year.
During a rally in Washington, the day before he was sworn in for a second term in January, Mr Trump told attendees: “Charlie Kirk is here. And I want to thank Charlie. Charlie is fantastic. I mean, this guy.”
He also appeared last October at a Turning Point USA political rally in Phoenix, saying: “I want to express my tremendous gratitude to Charlie Kirk. He’s really an amazing guy. Amazing guy.”
Kirk shot while holding debate on mass shootings
He was fierce in his right-wing views and a strong communicator, making him a polarising figure.
Critics accused him of promoting falsehoods and conspiracy theories on issues including COVID-19, climate change and the 2020 US election.
Image: Kirk at a Turning Point conference in 2024. Pic: Reuters
Yet Mr Kirk, however firm his beliefs, was always keen to hear opinions he disagreed with, often setting up “prove me wrong” tables at university events where people were encouraged to challenge his views.
He would regularly debate left-wing students on contentious topics like gun control, free speech LGBTQ+ rights and abortion rights.
It was during one of his “prove me wrong” segments at Utah Valley University – this one centred on mass shootings – that he was shot.
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Students flee after Charlie Kirk shot dead in Utah
His friend Hogan Gidley, who was deputy press secretary for Mr Trump between 2019 and 2020, says what Mr Kirk did for MAGA and for conservatism is “unparalleled”.
“At the same time, what he did to try to showcase the importance of discussion, just getting out there and saying your ideas, that’s what’s unbelievable,” he adds, speaking to Sky’s Trump 100 podcast.
“He kind of paved the way for so many in the younger generation to say, you don’t have to be violent, you can use your words, you can use information, you can use data… he was a pioneer in that way.”
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Witness: I knew he wasn’t going to survive
Mr Kirk’s own death was entirely against what he stood for, Mr Gidley says.
“He changed some hearts, he changed some minds – he made people angry,” he says. “But that’s OK, because that’s part of discussion and honest debate.
“What this devolved into… was something that was violent and that was disgusting and deplorable. It has no place in American politics, but debate and discussion absolutely do and Charlie Kirk led that way.”
Trump ‘filled with grief and anger’
Friends, admirers and those on the other side of politics have been paying tribute to Mr Kirk.
Among them has been the president, who hailed him as a “great, and even legendary” figure who was “loved and admired by all, especially me”.
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Trump: A dark moment for America
In a video message, he said: “I am filled with grief and anger at the heinous assassination of Charlie Kirk.
“He inspired millions and tonight all who knew him and loved him are united in shock and horror.
“This is a dark moment for America,” Mr Trump added, as he vowed a crackdown on “political violence”.
Tributes have also come from former liberal presidents Joe Biden and Barack Obama.
“This kind of despicable violence has no place in our democracy,” Mr Obama said. “Michelle and I will be praying for Charlie’s family tonight, especially his wife Erika and their two young children.”
What is happening now?
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2:43
Manhunt for killer under way
A manhunt is under way for Mr Kirk’s killer, which began on the university campus but has now extended beyond.
Two people were arrested after the shooting, but neither was determined to have any connection with the shooting and were later released, according to Utah public safety officials.
As of late on Wednesday, no one was in custody, but the authorities are searching for a new person of interest.
“This is a dark day for our state. It’s a tragic day for our nation,” said Utah governor Spencer Cox. “I want to be very clear, this is a political assassination.”
A Tesla owner admitted on video that he drives drunk on Full Self-Driving (FSD) – showing that Tesla doesn’t do enough to prevent abuse of its driver assist system.
29-year-old social media personality Landon Bridges went on comedian Bert Kreischer’s cooking show ‘Something’s Burning’ this week.
During the show, they were drinking, and Bridges admitted to being drunk. While visibly intoxicated, he accepted another drink from Kreischeir and then added:
“You know what’s the biggest game changer for me in 2025? I bought a Tesla, and it has Autopilot.”
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He then looked at Kreischer suggestively – hinting that you can use it when drunk.
Kreischer responded: “Does it work like that?” – suggesting that it is good enough to use while intoxicated – and then said in a drunk voice: “Tesla, take me home.”
The only answer here would be: “No, it’s a driver assistance system and the driver is always responsible for the vehicle and therefore, they can’t be intoxicated to supervise the system.”
Instead, Bridges said:
Yeah. That’s the problem. That’s literally the problem. I’ll go after it. I’ll press the home button (in the navigation system), and as long as you look forward, you are home.
He then suggested that Kreisher, known for his heavy drinking, should consider getting a Tesla with Full Self-Driving.
Here’s the part of the episode where they have the conversation:
Electrek’s Take
This is wild. He openly admits to a potential felony on a YouTube show. The way he is thinking proves that Tesla is not doing enough to communicate to its owners that FSD is not a self-driving system, but rather a driver assistance system that requires the driver’s full attention, meaning sober, at all times.
He says “Autopilot”, but the way he describes the system points to it being “Full Self-Driving (Supervised)” as Autopilot wouldn’t be able to take you through surface streets to take you home.
Tesla has been extremely careless in how it discusses its system publicly.
For example, Tesla recently tweeted that “FSD Supervised gives you back time”:
This suggests that you can do something else while driving, but this is not true based on the automaker’s own warnings and owner’s manual. The driver needs to be paying attention to the vehicle’s driving at all times and be ready to take control.
It is a direct contrast to how Tesla discusses FSD in court after being sued over the numerous accidents involving Autopilot and Full Self-Driving.
In court, Tesla is quick to remind everyone that the driver is always responsible for the vehicle and that, despite its name, Full Self-Driving is only a level 2 driver assistance system, not a level 3-5 automated driving system.
Tesla needs to bring that same energy to its communications with buyers. Otherwise, it contributes to these morons thinking that they can use FSD drunk.
I hope Bridges realizes the carelessness and the danger of his behavior and suggests that others, like Kreischer, should do it.
But it wouldn’t be the first time a Tesla owner would think it OK to use FSD while drunk. We even learned of a crash in 2022 where a Tesla employee decided to use FSD, according to a witness, after day drinking, and his drive ended in a crash, leaving him dead.
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