On July 13th, the CNBC Evolve Global Summit examined legacy companies who have recalibrated skills, demonstrated a growth mindset and have taken active steps to succeed in this new era of business.
As inflationary, labor and supply pressures converge, what capabilities do companies need to increase economic resilience and stay relevant with consumers?
The challenges facing today’s leaders seem daunting, but those who embrace change and bank on innovation will continue to transform their organizations for the future.
Register now for Evolve Global Summit On Demand where you can watch all the full panels and breakout sessions, PLUS get access to exclusive content not previously aired.
Craig Billings is the CEO of Wynn Resorts, Limited, one of the most recognized luxury resort brands in the world. With more Forbes five-star awards than any independent hotel company in the world, Mr. Billings leads innovation and the standards of excellence at Wynn Resort’s current properties including Wynn and Encore in Las Vegas, Nevada, Wynn Macau and Wynn Palace in the SAR Macau of the People’s Republic of China, and Encore Boston Harbor near Boston, Massachusetts.
Mr. Billings is a member of the Board of Directors of Wynn Resorts as well as the Wynn Macau, Limited, Board of Directors. He joined Wynn Resorts in March 2017 and was previously the company’s the President and Chief Financial Officer, as well as the CEO of subsidiary Wynn Interactive.
He has a history of leadership and innovation in the gaming industry, both domestically and internationally. He has held executive and board positions at Goldman Sachs, Aristocrat Leisure Limited, NYX Gaming Group, and International Game Technology.
Prior to joining Wynn Resorts, Mr. Billings honed a global perspective with senior executive positions in both Australia and the United Kingdom during his time as Chief Digital Officer and Managing Director of Strategy and Business Development at Aristocrat Leisure. He is also the Lead Independent Director and Audit Committee Chair for Applovin Corporation (NASDAQ: APP).
Priscilla Sims Brown is the President and Chief Executive Officer of Amalgamated Bank. Ms. Brown is a multi-national board director and C-suite executive with 30 years of financial services experience. Prior to joining Amalgamated Bank she was the Group Executive for Marketing and Corporate Affairs at Commonwealth Bank of Australia, where she focused on rebuilding trust and pride in the bank with direct responsibility for end-to-end marketing, branding, stakeholder insights, government and public affairs, and environment and social policy.
Prior to Commonwealth Bank, Ms. Brown held senior positions at AXA Financial, Inc., Sun Life Financial, and Lincoln Financial Group. She has advised several digital startups and served as the Chief Executive Officer of Emerge.me, a digital health insurance broker.
She was a member of the AXA Financial US Executive Committee, serving as Chief Marketing Officer (CMO), where she directed all aspects of US marketing and led global digital marketing initiatives. Prior to AXA Financial, Ms. Brown served as CMO at AmeriHealth/Caritas, where she developed a new go-to-market strategy for the largest Blue Cross/Blue Shield Medicaid company in response to the Affordable Care Act. At Sun Life, Ms. Brown served as CMO and Chief Strategist, where she negotiated and managed Sun Life Stadium naming rights, Pro Bowl, Super Bowl and other major events with the Miami Dolphins NFL football team.
During her 18-year tenure at Lincoln Financial Group, Ms. Brown held numerous leadership positions where she integrated acquired companies, established new businesses and led the consumer brand. She established the firm’s first investment management profit center, targeting midsized insurance companies. She also started and chaired Lincoln’s first family of standalone mutual funds and served as president of the broker-dealer. Ms. Brown also led the investor relations function, before expanding her responsibilities to include corporate and strategic marketing.
For the past three years, she served as a member of the Board of Trustees of Teachers Insurance and Annuity Association of America (‘TIAA’), a US Fortune 100 financial services firm with over $1.2 trillion in assets under management. She served on the TIAA Investment, Nominating and Governance, and Corporate Governance and Social Responsibility committees, as well as Trustee and CEO selection subcommittees.
Ms. Brown’s personal and professional experiences have enabled her to reach across cultural boundaries to ensure collaboration among diverse teams and drive successful outcomes for organizations.
Tan Sri Tony Fernandes, male, 58, is a co-founder of AirAsia. He was appointed as a Non-Independent Executive Director and Chief Executive Officer of Capital A Berhad (formerly known as AirAsia Group Berhad) on 30 March 2018.
Tan Sri Tony is one of Asia’s most recognisable entrepreneurs, best known for co-founding low-cost carrier AirAsia and democratising air travel in the region.
In December 2001, Tan Sri Tony, together with Datuk Kamarudin Meranun, Dato’ Pahamin Ab Rajab and Dato’ Abdel Aziz @ Abdul Aziz bin Abu Bakar, acquired struggling domestic airline, AirAsia, and with the help of Conor McCarthy, relaunched it as a pioneer of budget travel in Asia, building AirAsia into the world’s best low-cost carrier.
He studied in the UK and qualified as an Associate Member of the Association of Chartered Certified Accountants (ACCA) in 1991, then as a Fellow Member in 1996. He is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW). An accountant by training, he began his career in Virgin Group before returning to Malaysia as Warner Music Group’s Vice President for Southeast Asia before venturing into the airline business.
Tan Sri Tony has received numerous honours and awards over the course of his career. These include the Honour of the Commander of the Order of the British Empire, conferred by Her Majesty Queen Elizabeth II in 2011, and the Commander of the Legion d’Honneur, awarded by the French Government for outstanding contributions to the economy of France through the aviation industry. He also received the Panglima Setia Mahkota (PSM) award conferred by Yang Di Pertuan Agong Tuanku Mizan Zainal Abidin, which carries the title Tan Sri.
He is also a Non-Independent Non-Executive Director of AirAsia X Berhad.
James (Jim) Fish, Jr. is president and chief executive officer for Waste Management. He is also a member of the Board of Directors.
Prior to becoming CFO in 2012 and his promotion to president in July 2016, he held several key positions with the Company, including senior vice president for the Company’s Eastern Group, area vice president for Pennsylvania and West Virginia, market area general manager for Massachusetts and Rhode Island, vice president of price management and director of financial planning and analysis. He joined Waste Management in 2001.
Before joining Waste Management, Fish held finance and revenue management positions at Westex, a Yellow-Roadway subsidiary; Trans World Airlines; and America West Airlines. He began his professional career at KPMG Peat Marwick.
Fish earned a Bachelor of Science in accounting from Arizona State University and an MBA in finance from the University of Chicago. He is also a certified public accountant.
It’s a complex time for an energy giant like Chevron. Amid sky-high gas costs and the White House push to restrict fuel exports, Chevron’s goal to provide affordable energy while planning for low-carbon initiatives, remains a delicate, if not fraught, balancing act. CEO Mike Wirth sits down for a wide-ranging talk on the challenges and opportunities facing the industry, the future of renewables and fossil fuels and how to navigate environmental, regulatory and geopolitical tides, as the company moves toward a greener, more competitive reinvention.
Mike Wirth, Chevron CEO
Interviewer: Sara Eisen, CNBC “Closing Bell” Anchor
One year on the job and already Priscilla Sims Brown has taken the business world by storm thanks, in part, to her outspoken commitment to racial and social justice. A multi-national board director and C-suite executive with 30 years of financial services experience, Brown has never been afraid to urge bold, urgent action on any number of critical issues such as equity and inclusion, climate justice and gun safety – if the end goal is to move customers and the community forward. She joins us for a thought-provoking conversation at a critical juncture in the banking industry, the economy and society.
Priscilla Sims Brown, Amalgamated Bank President & CEO
Interviewer: Andrew Ross Sorkin, CNBC “Squawk Box” Co-Anchor
The ongoing war in Ukraine has disrupted the lives of millions of people, as the number of civilian casualties and displaced persons continues to rise. Throughout the ongoing crisis, MHP SE, the Ukraine-based agricultural and poultry producer, has been rising to the challenge of continuing to meet the needs of Ukrainians and in the European markets, where prices are on the rise and critical shortages loom. We sit down with Dr. John Rich, Executive Chairman of MHP SE, to talk about the company’s logistical challenges, the outlook for the future and the extraordinary levels of cooperation and assistance among competitors in the markets to ensure food needs continue to be met both within Ukraine itself and across Europe.
John Rich, MHP SE Executive Chairman
Interviewer: Rosanna Lockwood, CNBC International Reporter
Despite a sluggish economy and looming threat of recession, advertising spending increased by 20% this year as companies continue to pour money into marketing campaigns. But where companies are spending ad dollars is changing and so are the ways brands connect with consumers. We’ll look at the evolution of marketing and advertising, and how legacy companies build and sustain great brands and create measurable value for customers, and employees.
Denise Lee Yohn, “What Great Brands Do” Author
Interviewer: Courtney Reagan, CNBC Senior Retail Reporter
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SPONSORED AND PROGRAMMED BY Micron Technology
From assembly lines to electric vehicles, automakers are adapting for the next century. But EVs mark not just a transportation revolution, but a fundamental shift in electronics reflected across many industries. This session will look at ways U.S. manufacturing is adapting to serve this new reality and solutions that will drive the digital transformation.
David Moore, Micron Technology SVP & Chief Strategy Officer
Interviewer: Rhonda Schaffler, Business Anchor
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SPONSORED AND PROGRAMMED BY PwC
The need for new digital skills is more than a pain point for corporations. It’s impacting overall operations and growth. As the war on talent rages on, companies will no longer be able to hire their way to a solution. They need to empower business leaders to adopt a build versus buy mentality for their tech talent strategy. This session will explore the benefits of Digital Upskilling to a company and its leadership, but also as a draw for employees—existing and prospective—and why it should be treated as any other critical benefit in order to thrive in the future of work.
Joe Atkinson, PwC US Vice Chair – Chief Products & Technology Officer
Interviewer: Caroline Woods, Financial Reporter
Watch the full session
SPONSORED AND PROGRAMMED BY CITY NATIONAL BANK
We’ve hit an inflection point in the general power market. More new projects are renewable than not. Still, the question remains: Are we transitioning quickly enough? This session will look at financing opportunities, supply chain concerns and the transition to a greener future.
Marc D. Galindo, City National Bank Managing Director, Renewable Power Project Finance
Interviewer: Jen Rogers, Financial Reporter
By 2024, cybercriminals are projected to cost the global economy more than $6 trillion annually. Perhaps nowhere more pronounced than in the corporate sector—45% of organizations suffering from some form of cybersecurity breach. From ransomware and phishing to cloud malware and supply chain attacks, hackers continue to punch countless holes into business firewalls. Enter enterprise security firm, Darktrace, which employs AI technology to detect and interrupt malicious activity for thousands of global conglomerates. CEO Poppy Gustafsson tells us how to catch web thugs and why she is calling for a ‘tech NATO’ task force to police the cyber underworld.
Poppy Gustafsson, Darktrace CEO
Interviewer: Julianna Tatelbaum, CNBC Anchor & Reporter
Capital A, previously known as the AirAsia Group, is looking to rebound from the pandemic travel slowdown in dramatic fashion as the Malaysian low-cost travel group looks to debut on the New York Stock Exchange next year. The company’s CEO, Tony Fernandes, is not shy in his enthusiasm for the promise of technology in ensuring low-cost fares remain available to as many consumers as possible and the rosier future he sees ahead as more countries come back online after shutdowns. We’ll sit down with Fernandes to talk about these things well as leading through one of the most challenging times of his career, and why he remains so bullish on the future of travel.
Tony Fernandes, Capital A CEO
Interviewer: Dan Murphy, CNBC Correspondent
As the U.S. faces record-breaking heat waves, rising inflation and tighter energy supplies, all eyes are on the energy sector as a long, hot, expensive summer looms. Add in increasing cyber threats and the slow progress of renewable energy, and it all seems like being an energy company CEO might not be the easiest job right now. We’ll talk with Duke Energy CEO Lynn Good about the risks facing the country’s electrical grid, her thoughts on the evolution of the industry and what she sees as the most promising developments that could help the company’s 7.4 million customers breathe a little easier this summer.
Lynn Good, Duke Energy CEO
Interviewer: Jim Cramer CNBC “Mad Money” Host & “Squawk on the Street” Co-Anchor
As the nation’s top waste and recycling operator, WM manages 30 percent of all U.S landfill volume. So how does the company keep pace with rising raw materials and energy prices, supply pressures and labor churn? A large part of the solution is a bigger push into automation and renewable investments.
Jim Fish, WM CEO
Interviewer: Kristina Partsinevelos, CNBC General Assignment Reporter
Mattel, one of the world’s largest toymakers, is in the final phase of a hugely successful reboot and financial comeback. A key part of its reinvention was a total overhaul of core brands, like Barbie, to reflect evolving demographics and diverse consumer tastes. Next stop: Doubling down on TV and film projects, and evolution into an IP-driven deal machine with its formidable lineup of other properties (Hot Wheels, Fisher Price and Masters of the Universe).
Ynon Kreiz, Mattel CEO
Interviewer: Julia Boorstin, CNBC Senior Media & Tech Correspondent
SPONSORED AND PROGRAMMED BY COMCAST BUSINESS
The increased focus on cybersecurity is due to a perfect storm of conditions, including work from home, rising ransomware attacks, and more. While it’s a top corporate priority for many leaders, the talent gap is making it a challenge to tackle. This session will discuss ways leaders can work to prioritize hiring, find smart and efficient solutions, and best utilize the help of cybersecurity service providers.
Noopur Davis, Comcast EVP & Chief Information Security and Product Privacy Officer
Amit Verma, Comcast Business Vice President, Solutions & Technology
Moderator: Shibani Joshi, Technology Reporter
Against a backdrop of rising inflation, high gas prices and stagnant wages, it would seem it might be a tough time to be in the sweets and spirits businesses. So, how are Beam Suntory (owner of such brands as Jim Beam, Maker’s Mark, Suntory and Courvoisier) and Mars Wrigley (Skittles, Snickers and M&M’s among others) continuing to grow revenue? From smart marketing that reinforces deep consumer-brand connections while simultaneously bringing in new generations, to premiumization strategies aimed at capturing high-end consumers, to sustainability initiatives designed to offset supply chain constraints—these companies are innovating their way to growth. We’ll talk to presidents from both companies about the challenges and opportunities present in the current economic climate.
Jessica Spence, Beam Suntory Brands President
Anton Vincent, Mars Wrigley North America President
Moderator: Brian Sullivan, CNBC “Worldwide Exchange” Anchor
The proliferation of online gaming and sports betting provided a much-needed boost to casinos rocked by a total drop-off in foot traffic in their most iconic properties during the height of the pandemic. Even though casinos have largely re-opened in the U.S. and other key markets, the online piece of the larger puzzle continues to represent a significant potential source of growth and expansion. We’ll talk to three of the top CEOs in the international casino and gaming industry about the future of digital gaming, leadership during tumultuous times and their plans for continued expansion into Asian markets that still experience periodic shutdowns.
Craig Billings, Wynn Resorts, CEO
Robert Goldstein, Sands Chairman and CEO
Bill Hornbuckle, MGM Resorts International CEO
Moderator: Contessa Brewer, CNBC Correspondent
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With $91.5 billion in assets, City National Bank provides banking, investment and trust services through 73 branches, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $96.2 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of the world’s leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients through offices in Canada, the United States and 27 other countries.
For more information about City National, visit the company’s website at cnb.com.
*City National Bank does business in Miami and the state of Florida as CN Bank.
Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market, having been recognized over the last two years by leading industry associations as one of the fastest growing providers of Ethernet services. Visit business.comcast.com/.
Micron Technology is a global leader in innovative memory and storage solutions that accelerate the transformation of information into intelligence. Our solutions enable and inspire people, businesses and communities around the world to learn, communicate and advance faster than ever. As an industry pioneer, we deliver the world’s broadest portfolio of technologies that are helping to drive today’s most significant and disruptive breakthroughs, such as artificial intelligence and autonomous vehicles. For more information visit: https://www.micron.com/.
PwC is a passionate community of solvers coming together in unexpected ways. We’re human-led and tech-powered to build trust and deliver sustained outcomes, for today and for tomorrow. It all adds up to The New Equation.
For more information visit: https://riskproducts.pwc.com/
As Chairman and Chief Executive Officer, Albert Bourla leads Pfizer in its purpose: breakthroughs that change patients’ lives, with a focus on driving the scientific and commercial innovation needed to have a transformational impact on human health.
During his more than 25 years at Pfizer, Albert has built a diverse and successful career, holding a number of senior global positions across a range of markets and disciplines. Prior to taking the reins as CEO in January 2019, Albert served as the Pfizer’s Chief Operating Officer (COO) beginning in January 2018, responsible for overseeing the Company’s commercial strategy, manufacturing, and global product development functions.
Previously, from February 2016 to December 2017, Albert served as Group President of Pfizer Innovative Health, which comprised the Consumer Healthcare, Inflammation & Immunology, Internal Medicine, Oncology, Rare Disease and Vaccines business groups. In addition, he created the Patient and Health Impact Group, dedicated to developing solutions for increasing patient access, demonstrating the value of Pfizer’s medicines, and ensuring broader business model innovation.
From January 2014 to January 2016, Albert served as Group President of Pfizer’s Global Vaccines, Oncology, and Consumer Healthcare business, where he was instrumental in building a strong and competitive position in Oncology and expanding the Company’s leadership in Vaccines.
Albert was President and General Manager of Pfizer’s Established Products business from 2010-2013, leading the development and implementation of strategies and tactics related to Pfizer’s off-patent portfolio, (including legacy brands and generics.
He began his Pfizer career in 1993 in the Animal Health Division as Technical Director of Greece. He held positions of increasing responsibility within Animal Health across Europe, before moving to Pfizer’s New York Global Headquarters in 2001. From there, Albert went on to assume a succession of leadership roles within the Animal Health Division, including US Group Marketing Director (2001-2004), Vice President of Business Development and New Products Marketing (2004-2006), and Area President of Animal Health Europe, Africa and the Middle East (2006-2009). In 2009, he assumed additional responsibilities for the Asia and Pacific regions.
Albert is a Doctor of Veterinary Medicine and holds a Ph.D. in the Biotechnology of Reproduction from the Veterinary School of Aristotle University. In 2020, he was ranked as America’s top CEO in the Pharmaceuticals sector by Institutional Investor magazine. He is on the executive committee of The Partnership for New York City, a director on multiple boards – Pfizer, Inc., The Pfizer Foundation, PhRMA, and Catalyst – and a Trustee of the United States Council for International Business. In addition, Albert is a member of the Business Roundtable and the Business Council.
Arnold Donald has been president & chief executive officer of Carnival Corporation & plc, the world’s largest leisure travel company, since July 2013. Prior to that, he served on the board for 12 years. He currently serves on the board of Bank of America Corporation and Crown Holdings, Inc.
Mr. Donald spent more than 20 years at Monsanto Company as corporate senior vice-president, president of the consumer and nutrition sector, and president of the agricultural sector. Following Monsanto, Mr. Donald was chairman of Merisant Company, which manufactures leading global sweetener brands Equal and Canderel.
Immediately prior to Carnival Corporation, Mr. Donald was president and CEO of the Executive Leadership Council, a professional network and leadership forum for African-American executives of Fortune 500 companies, and president and CEO of Juvenile Diabetes Research Foundation International, the world’s largest charitable funder of diabetes research.
Ms. Kristalina Georgieva, from Bulgaria, is Managing Director and Chairman of the Executive Board from October 1, 2019.
Lauren R. Hobart is President and Chief Executive Officer of Dick's Sporting Goods. Lauren is the third CEO in the company’s history, preceded by current Executive Chairman & Chief Merchant, Ed Stack (1984 – January 2021), and the company’s founder, Dick Stack (1948 – 1984).
Lauren joined DICK'S in February 2011 as Senior Vice President and Chief Marketing Officer (CMO). In her time as CMO, Lauren revamped the Company's marketing efforts, drove significant improvement in the ROI of the marketing spend and was instrumental in developing and launching the CALIA by Carrie Underwood brand. In 2015, Lauren was promoted to Executive Vice President and CMO and later to Executive Vice President, Chief Customer & Digital Officer. She became President of DICK'S in May 2017 overseeing the Stores, Marketing, eCommerce, Technology, HR, Communications, Legal and Strategy & Analytics organizations. Additionally, she has served on the DICK'S Board of Directors since January 2018 and is President of The DICK'S Sporting Goods Foundation.
During her tenure, Lauren has helped drive the company’s robust technology and eCommerce strategies, among other substantive growth initiatives. She has had a significant impact on shaping DICK'S inclusive culture, enhancing our exceptional customer service offering and improving the customer experience.
Under Lauren's leadership, The DICK'S Sporting Goods Foundation developed its signature Sports Matter initiative in 2014, which has enabled over one million children to have access to sports. DICK'S and the DICK'S Sporting Goods Foundation have given over $105 million in grants and sponsorships since 2014 to raise awareness and address the growing issue of underfunded youth sports programs nationwide.
Prior to joining DICK'S, Lauren spent 14 years at PepsiCo in various leadership roles, including CMO of Carbonated Sports Drinks in North America. Prior to PepsiCo, Lauren was at Wells Fargo Bank and at JP Morgan Chase.
From 2014 to 2018, Lauren served as a member of the board of directors of Sonic Corp; since November 2020, Lauren has served on the YUM Brands! Board of Directors.