Good morning, Broadsheet readers! Marissa Mayer is banking on A.I. for her next venture, Justice Ketanji Brown Jackson's first week on the bench could have played a part in yesterday's surprise SCOTUS decision, and we introduce you to a few future CEOs. Have a fabulous weekend!
- Next up. What will it take to lead a Fortune 500 company in the coming years—and who will fit the bill? My colleague Geoff Colvin tackled those questions for a new Fortune package. First, he discovered that the criteria for CEOs have changed; humility and self-awareness are becoming necessary characteristics to be a strong leader.
Taking such qualities into account, Colvin tapped executive recruiters and leadership experts to compile a list of 11 executives who could be the next CEOs at Fortune 500 companies. Five women made the cut; we’ll introduce you to three of them here:
Sarah Bond, 44, is the corporate vice president of Xbox at Microsoft. She has excelled at a tech company without a STEM background and boasts a classic résumé with an MBA from Harvard and consulting experience at McKinsey. Now, she is spearheading Microsoft’s initiative to make gaming available on any device. One headhunter called her a “superstar up-and-comer.”
Kathryn McLay, a 49-year-old Australian, became CEO of Sam’s Club in 2019 and boosted revenue by 42% to $84 billion in the latest fiscal year. She falls into what Fortune deems the “stars ready now” category, and she arguably would already be a household name if Sam’s Club was a standalone retailer rather than a subsidiary of Walmart.
Que Thanh Dallara, a Microsoft and Honeywell alum, is just a year into her job as EVP and president of the diabetes segment at Medtronic, which accounted for 7% of the medical device giant’s $31.7 billion in revenue last year. Already, Dallara has left an imprint on the company, helping win FDA approval for an automated insulin delivery system with a built-in sensor. As Medtronic CEO Geoff Martha puts it: “[Dallara] is not only transforming our diabetes business but is influencing how we manage execution rigor and prioritization across Medtronic.”
Check out the full list of next-gen CEOs here.
Kinsey Crowley (she/her)
kinsey.crowley@fortune.com
@kinseycrowley
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