AI Wave Prompts CEOs to Pass the Reins
Top executives including Coca‑Cola’s James Quincey and Walmart’s Douglas McMillon are stepping down to hand leadership to successors better aligned with AI-driven disruption; Quincey has overseen AI-related layoffs and argued the next wave requires different leadership. The moves, echoed by other tech-adjacent exits like Adobe’s Narayen, signal boards pushing for faster AI adoption amid concerns about labor costs and the broader impact of AI on capitalism.