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Fortune named Anastasia Nyrkovskaya as its next chief executive on Tuesday, making her the first woman to lead the 95-year-old business publication. She takes over from Alan Murray, who announced in October that he would step down in 2024 after nearly 10 years at Fortune. Ms. Nyrkovskaya had been the chief financial officer and chief strategy officer since 2019. In an interview, Ms. Nyrkovskaya said Fortune was profitable and had added more than 130 positions in the past 12 months across the editorial and business sides. The company now has about 360 workers, including just over 100 in the newsroom.
Persons: Fortune, Anastasia Nyrkovskaya, Alan Murray, Nyrkovskaya, Organizations: Fortune
Over the years, CEOs and business leaders have shared their thoughts on the phrase "work-life balance." AdvertisementYou wouldn't think that the phrase "work-life balance" would be a controversial one. Here are some of the hottest takes on work-life balance, given by some of the top business executives in the US. Jeff Bezos says work and life should make a circle, not a "balance"Jeff Bezos has called the phrase "work-life balance" debilitating. TIAA CEO thinks the entire concept is a "lie"TIAA's CEO says work-life balance is a "lie."
Persons: Jeff Bezos, , Clive Mason, Axel Springer, Bezos, it's, Elon Musk, Satya Nadella, Nadella, he's, Paras Griffin, Thasunda Brown Duckett, Alan Murray, Brown Duckett, Arianna Huffington, Andrew H, Walker, Huffington, Elon Musk Elon, STEFANI REYNOLDS, Musk, Walter Isaacson's Organizations: Service, Amazon, Business, Bloomberg, Press, Australian Financial, Getty, Oxford University, Elon, Getty Images, CNBC, YMCA, Tesla
The CEO of Fortune 500 company TIAA explained why she gave up on work-life balance. She once felt like she was "failing as a mother" because she couldn't always be there for her children, Duckett said in a July interview with Essence Magazine. AdvertisementAdvertisementBut, instead of trying to give her all to everyone, Duckett told Murray that she now lives her life "like a diversified portfolio." The Amazon founder said workers should focus on work-life harmony instead of balance if they hope to fulfilled at the office and at home. Instead of carving out time for the important things in life, they've opted for a more chilled approach to working.
Persons: TIAA, Thasunda Brown Duckett, Duckett, , she's, Alan Murray, couldn't, Murray, I'm, Jeff Bezos, Bezos, they've, She's Organizations: Fortune, Service, Essence, TIAA
Democratic Sen. Joe Manchin addressed a room full of top CEOs on Thursday morning. He said that by "asking nothing in return" for political donations, CEOs were "supporting bad behavior." He expanded, contrasting the investments that CEOs make in the business world with the money that they contribute to political candidates' campaign accounts. Manchin suggested on Thursday that CEOs were making political contributions based on broader ideological dynamics — referencing Democrats who are "too liberal" or Republicans who voted against certifying the 2020 election results. While Manchin appeared to be suggesting an outright quid-pro-quo for political contributions, he added that political contributions from CEOs are fueling "bad behavior" by politicians, suggesting a broader point about political dysfunction.
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