In partnership with

2025 Prediction: A Surge of Self-Serve CTV Buyers

Roku predicts that 2025 will be a breakthrough year for self-serve CTV advertising. Roku Ads Manager makes it easy to integrate CTV into your 2025 marketing mix. Easily segment your target audience, optimize campaigns in real-time, and drive conversions with interactive ad formats and shoppable ads with a Shopify integration. Roku Ads Manager makes CTV advertising accessible and impactful for businesses of any size.

Discover CTV performance on Roku

What’s In This Email

• Nike CEO John Donahoe to step down, Elliot Hill returns as successor

• 23andMe faces a leadership crisis after the entire board steps down

• Cherry St. BBQ

• STK launches bottomless brunch

• Notable Spotlight: Milos - Book ahead to avoid disappointment

• Notable Plug 🔌

✍️ TAKE NOTE

Nike CEO John Donahoe to Step Down, Veteran Elliott Hill Returns as Successor

Nike has announced a major leadership change, with CEO John Donahoe stepping down on October 13, 2024, and long-time company veteran Elliott Hill returning to take the helm. Hill’s return comes at a critical time as the sneaker giant faces challenges in innovation, declining sales, and a need to regain market share. Donahoe, who led Nike through a digital transformation during his tenure, will remain as an advisor until January.

Key Takeaways

• Leadership Shift: Nike’s CEO John Donahoe will retire in October, with Elliott Hill, a former Nike executive, stepping in as the new CEO.

• Company Challenges: Nike is facing declining sales, stiff competition from upstarts like On Running and Hoka, and a need to revive innovation and morale.

• Previous Achievements: Under Donahoe, Nike’s sales grew from $39.1 billion to $51.4 billion during his tenure, especially boosted by e-commerce growth during the pandemic.

• New Focus: Hill, with over 30 years at Nike, is expected to restore the company’s culture and re-emphasize innovation in product development, focusing on areas like running, women’s apparel, and the Jordan brand.

Why this matters: Nike’s leadership change comes as the brand attempts to bounce back from recent struggles. This means we could see new products and innovations as the company repositions itself under Hill’s leadership, with a potential emphasis on reconnecting with its core brand values.

Read the full article here.

23andMe Faces Leadership Crisis as All Independent Board Members Resign, Leaving CEO Anne Wojcicki in Control

In a major shakeup for genetic testing company 23andMe, all seven independent board members have resigned, leaving CEO Anne Wojcicki as the only remaining board member. This leadership crisis comes after a string of public setbacks, including financial troubles and security issues, further jeopardizing the company's future.

Key Takeaways

• Board Resignations: Seven independent directors, including YouTube CEO Neal Mohan, resigned due to strategic differences with CEO Anne Wojcicki, who holds 49% of the company’s voting power.

• Struggling Stock: Once valued at $6 billion in 2021, 23andMe's stock has plummeted to 34 cents per share. The company has until November 4 to raise its stock price above $1 to avoid delisting.

• Failed Privatization: Wojcicki’s proposal to take the company private was rejected by the board, who claimed it was not in shareholders' best interests.

Recent Setbacks:

• Data Breach: In October, 23andMe faced a data breach impacting nearly 7 million accounts, with sensitive data primarily targeting people of Chinese or Ashkenazi Jewish ancestry.

• Legal Troubles: A class action lawsuit followed the breach, resulting in a proposed $30 million settlement earlier this month.

Why this matters: As users of genetic testing services like 23andMe, it’s important to be aware of the company's precarious financial position and security concerns. These issues may affect trust in its services and raise questions about the future stability of the brand.

Read the full article here.

@eatsconnoisseur

The Best BBQ In Canada #barbeque #bbq #michelin #canada

@jordshore

🥂 SAVE this for your next #bottomlessbrunch in #toronto. STK just launched their new Vibe Brunch and it’s exactly how it sounds. Only on S... See more

Milos

@dishedtoronto

This new restaurant in Toronto hasn’t even opened yet and it’s booked up solid for MONTHS 😅 #toronto #ontario #tiktoktoronto #torontofood ... See more

Reserve

🔌 NOTABLE PLUG

🎙️ Get Into It: Go Touch Grass podcast. “Go touch grass” is the internet’s not-so-nice way of telling someone to log off and get outside. On this very online comedy podcast, hosts Milly and Alise will recap the whole week in trending topics so listeners can do just that. Listen on Apple or Spotify.

📄 Notable Hires: Director of Growth Marketing @ Mejuri (hybrid, Toronto)

🎓 Hope This Helps: Hypertxt generates in-depth, audience-driven, SEO articles.

🌍 Notable Destinations: Toronto to St. Lucia ($422 - $525) Dates: October 9 - October 18. Click on this link to see the deal.

🧠 Today We Learned: 'zombie fires' are fires that burned during the summer, stay underground all winter long, and pop up above the surface again in the spring.

We want to get to know you more! Take our community survey at your convenience. We appreciate you taking the time to help make Notable amazing!

Beyond Notable Daily
_________________

Editorial
Contact our editor

Advertising
Contact our team

Marketing Services
Contact our agency


ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.

Written and curated by Ashley Nedaei