CEOs Cite AI Driving Leadership Transitions

Two major CEOs told CNBC recently that artificial intelligence influenced their decisions to step down. Coca-Cola CEO James Quincey, who has led the company since 2017, said AI and gen-AI shifts prompted him to hand over leadership to COO Henrique Braun effective at the end of this month. Former Walmart CEO Doug McMillon similarly cited AI-driven transformations when he prepared to hand the role to John Furner on Feb. 1.