Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
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The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
April 28, 2022: -U.S. stock futures bounced Wednesday as the market attempted to recover from April’s technology-led sell-off a day after the Nasdaq Composite posted a new low for the year.
Futures tied to the Dow Jones Industrial Average rose about 170 points or 0.5%. S&P 500 futures gained 0.1%.
Nasdaq 100 futures were marginally lower, giving up gains after being higher earlier Wednesday morning.
“We remain cautious on rallies here,” BTIG’s Jonathan Krinsky said to clients. “There still hasn’t been a full-scale washout, in our view, and trends remain to the downside. This means small rallies don’t do much other than alleviate short-term oversold conditions.”
Microsoft’s shares jumped more than 3% in premarket trading after the company beat analyst expectations on the top and bottom lines. The company also issued forward revenue guidance exceeding analyst forecasts.
However, Google parent Alphabet’s earnings results missed consensus estimates. Management warned on the conference call of another potentially weak quarter ahead. Alphabet shares fell about 4% premarket.
“We’re trying to find a place of stability,” Kari Firestone, chairman and CEO of Aureus Asset Management, told CNBC’s “Squawk Box.” “We need to see a few more names come in with solid, reliable, and sustainable earnings so investors can get back on board.”
The tech-heavy Nasdaq Composite has dropped further into the bear market territory, losing 3.95% on Tuesday and hitting a fresh low. That was its most significant daily loss since September 2020. The index is now sitting roughly 23% off its high.
The S&P 500 on Tuesday lost 2.8% for its worst performance since March and closed below a critical support level in 4200. The Dow Jones Industrial Average shed 809.28 points or 2.4%.
In April, the S&P 500 was down 7.8%, the Nasdaq lost 12.2%, and the Dow declined 4.2%.
“The confluence of persistent inflation, Fed tightening, the war in Ukraine, and China’s zero-Covid policy lockdowns has manifested in tenacious headwinds for investors in April,” Art Hogan, National Securities chief market strategist, said.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
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Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.
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