XO Group CEO Mike Steib Talks His New Book "The Career Manifesto"
XO Group CEO Mike Steib discusses his new book "The Career Manifesto." He also tells us about his own journey to becoming a CEO. XO Group owns companies such as The Knot and The Nest.
Steib says his book explains how to become more productive on a daily basis and as a result more successful. From an early age, Steib knew he wanted to be a CEO because he enjoyed leadership and working on products that made people's lives better.
As far as his own company goes, Steib says it's important to cultivate a culture where everyone feels valued and welcome. XO Group's online revenue is up 18%. Steib's book will be released on January 30th.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
