""My job is also to think who's the best team to put on the field to get the next wave done. And I concluded that, actually, it was time to put someone else on the field for the next wave of growth," Quincey stated."
""With what's happening with AI, I could start this next big set of transformations with AI, but I couldn't finish," McMillon explained, emphasizing the need for a faster successor."
Recent resignations of CEOs James Quincey from Coca-Cola and Doug McMillon from Walmart highlight a trend where executives use AI as a reason to step down. Quincey expressed that the upcoming AI revolution requires a different leadership approach, stating it was time for someone else to lead the next growth phase. McMillon emphasized the need for a faster successor to navigate the transformations AI will bring to retail. Both executives acknowledge the significant impact of AI on their industries and their roles.
Read at Futurism
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