First Pass

17 stories from 12 sources

Leadership changes exposed deeper governance and growth tests

Day’s Recap

Supporting Articles

Weil is working with Davis Polk to assess restructuring options as partner departures weaken the firm, including the possibility of winding down the business. The review reflects a sharp deterioration in the firm's ability to preserve its existing model.

2:06 PMFinancial Times

The article explains Anthropic’s complex governance structure and examines how authority is organized after the company’s IPO.

5:38 PMTechCrunch

Sanofi’s new chief faces pressure to develop fresh blockbuster medicines that can eventually offset the company’s reliance on Dupixent sales.

1:00 AMFinancial Times

Hilton is using a new technology leadership structure, a Nasdaq move, and AI agents to present itself as more than a hotel operator. Its pitch is that technology can make the company operate like a platform and improve the economics of distribution.

3:03 PMSkift

The article examines the challenge facing HDFC Bank's new chief as the bank seeks to reverse weakness in its battered share price. It focuses on whether new leadership can restore investor confidence in one of India's largest private-sector banks.

3:05 AMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

Diageo has appointed a new chief marketing officer for North America as it restructures its operating model. The regional leadership change supports an effort to simplify and scale the business.

3:53 PMConsumer Goods Technology

Kevin Delaney has been named NBC News’ head of digital content and subscription in a newly created role. He will oversee digital publishing, subscription strategy and NBC News’ artificial intelligence efforts while connecting editorial and business operations.

2:35 PMVariety

Lionsgate has promoted Scott Herbst to president of its television group, where he will oversee the studio’s creative operations. Herbst joined the company in 2018 and previously served as executive vice president of television and head of development, while Lee Hollin and Marcello Bellisario will continue leading current programming and related operations.

1:19 PMVariety

Lego has appointed Kelsey Gray Sherman as its first head of celebrity talent and brand-first partnerships within its Entertainment, Partnerships and Content division. The role will focus on expanding Lego’s presence across entertainment and culture.

1:00 PMVariety

Budge Huskey is stepping down as CEO of Premier Sotheby's International Realty and handing the role to Jackie Thiel. Huskey says the transition is timely but does not mark the end of his professional activity.

12:56 PMHousing Wire

Better has dismissed its federal securities lawsuit against founder Vishal Garg with prejudice in the Southern District of New York. The filing follows a leadership dispute and closes the case on a final basis.

12:28 PMHousing Wire

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