• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
LeadershipCEO Daily

China Talks, Markets Recover, Anadarko Bids: CEO Daily for May 7, 2019

By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
May 7, 2019, 5:52 AM ET
Add Fortune on Google for similar content.

Good morning.

Ron Williams, the former CEO of Aetna, has a new book out this morning called Learning to Lead. You may wonder whether the world really needs another leadership primer. But Williams has a unique story to tell. An African-American who grew up on the south side of Chicago—son of a bus driver and a manicurist—he portrays himself as “the least likely person ever to lead a $34 billion corporation.” One of the main lessons he learned along the way was that before you can lead others, you have to lead yourself—“discovering the inner drive that will spur you to seemingly impossible achievements.”

“In my generation there were no black chief executives, there were no women chief executives,” Williams said during a visit to the Fortune offices yesterday. But he defied those expectations by “not accepting other people’s’ framing of what I was capable of,” and consistently “elbowing my way to the table.”

Williams talked about how much CEO leadership has changed in the last two decades, as stakeholders, empowered partly by social media, have become more “visible, prominent and active.” He cites the employees at Amazon and Google who campaigned against their companies’ doing work for the Defense Department as an example. “I can’t imagine that happening 20 years ago… CEOs have to manage all that.”

By the way, as CEO of Aetna, Williams played a critical role in shaping the Affordable Care Act—now known universally as “Obamacare.” His big regret? That they “weren’t able to get a bipartisan deal,” and instead created a “perpetual health care war…all about slogans, not solutions.”

You can buy the book, which is filled with very practical advice not only from Williams, but also from other ex-CEO friends like Jack Rowe, Pat Russo, Ken Chenault and Ursula Burns, here. More news below.

Alan Murray
@alansmurray
alan.murray@fortune.com

Top News

China Talks

More bad news for those hoping to see a U.S.-China trade deal anytime soon: U.S. Trade Representative Robert Lighthizer has accused the Chinese of trying to suddenly change the text of the agreement in the final stages of talks. "Over the course of the last week or so we have seen an erosion in commitments by China," he said. "That in our view is unacceptable." Wall Street Journal

Markets Recover

Although the markets started yesterday on a bad foot, following President Trump's Sunday tariff threats against China, they mostly recovered as analysts took the view that the president was only deploying a negotiating tactic, and as the Chinese said they were still sending their delegation to the U.S. this week. As for today, the Hang Seng and Shanghai Composite are slightly up. CNBC

Anadarko Bids

Chevron has several days to up its offer for Anadarko Petroleum or lose out to Occidental Petroleum, which has increased its own bid to $38 billion. Chevron had previously gotten Anadarko to agree to a takeover at a price of $33 billion, and thus far it has refused to offer more. If Chevron walks away, it gets a $1 billion breakup fee. Bloomberg

Suicides Trial

The French telecoms giant Orange is, along with its former CEO Didier Lombard and other top executives, on trial for "moral harassment" that prosecutors say led to a spate of suicides among employees a decade ago. Thirty-five staffers killed themselves between 2008 and 2009, at a time when France Telecom—as it was then known—had recently been privatized and was busy cutting jobs and repeatedly moving staff around. BBC

Around the Water Cooler

Salesforce President

Salesforce president and chief people officer Cindy Robbins is moving on after 13 years with the firm, she told Fortune. Robbins was the driving force that pushed the company to close its gender pay gap. She said: "I'm ready to take a pause and advise organizations, advocate for gender equality, and spend time with my family. I’m looking forward to the next chapter." Fortune

Corporate Germany

The Financial Times has a good piece on how Germany's corporate titans face being forced to listen more to their shareholders, many of whom come from outside the country's borders these days. There's traditionally been a cozy ecosystem of top executives and politicians, but that's under threat following ructions at companies such as Bayer, Volkswagen and Deutsche Bank. FT

Brexit Outlook

Will Brexit be sorted out by its Halloween deadline? Not according to a CNBC global survey of chief financial officers, 35.6% of whom expect the EU to have to grant the U.K. yet another extension at that point. A fifth see another referendum as being on the cards, and 26.7% are confident that British Prime Minister Theresa May will get some sort of deal through her fractious Parliament. CNBC

Turkish Elections

Turkey's rule of law is looking distinctly shaky after its electoral body apparently bowed to pressure from President Erdogan and invalidated the result for Istanbul's mayoral election, which had seen a narrow win for the opposition CHP party. Turkey is still officially trying to become a member of the EU, which rather depends on the rule of law being a thing there. EU foreign policy chief Federica Mogherini: "The justification for this far-reaching decision, taken in a highly politicized context, should be made available for public scrutiny without delay." Deutsche Welle

This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.

About the Authors
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Alan Murray
By Alan Murray
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Older worker sad at laptop
SuccessGen X
A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work
By Emma BurleighJuly 4, 2026
6 hours ago
usa
North Americahistory
Before independence, America tried — and failed — to conquer Canada
By Sarah M.S. Pearsall and The ConversationJuly 4, 2026
6 hours ago
The 1964 box set that predicted Dylan going electric — and still explains American music today
Arts & EntertainmentMusic
The 1964 box set that predicted Dylan going electric — and still explains American music today
By Ted Olson and The ConversationJuly 4, 2026
6 hours ago
Ejay O'Donnell, Bart Szaniewski, and Grant Eastey wear Dad Gang hats in a factory
SuccessEntrepreneurship
Three dads started selling hats from a garage with $750—now they’ve sold $35 million worth, partnered with Gary Vee, and grown a community of fathers
By Preston ForeJuly 4, 2026
9 hours ago
loco
Travel & LeisureEntrepreneurship
The World Cup is just now discovering Middle America’s big heart. These Irish bingo kingpins built a $24 million business knowing it all along
By Nick LichtenbergJuly 4, 2026
10 hours ago
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
MPWMost Powerful Women
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
By Emma HinchliffeJuly 4, 2026
12 hours ago

Most Popular

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
2 days ago
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
By Preston ForeJuly 4, 2026
12 hours ago
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
By Nick LichtenbergJuly 3, 2026
1 day ago
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
Economy
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
By Sasha RogelbergJuly 2, 2026
2 days ago
$25 billion CEO says one-hour interviews are a waste of time—he puts candidates through six hours of tests and wants them to order wine at lunch
Success
$25 billion CEO says one-hour interviews are a waste of time—he puts candidates through six hours of tests and wants them to order wine at lunch
By Orianna Rosa RoyleJuly 3, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
7 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.