
- In today’s CEO Daily: Ruth Umoh on McKinsey’s CEO pipeline.
- The big story: The U.S. government is shut down.
- The markets: U.S. futures are down but everywhere else is up.
- Plus: All the news and watercooler chat from Fortune.
Good morning. McKinsey is best known as a consulting powerhouse, but its quieter distinction is as a leadership factory—a point I explore in my latest piece for Fortune. No other organization has minted more sitting Fortune 500 chiefs, with a global roster that includes Alphabet’s Sundar Pichai, Citigroup’s Jane Fraser, and Allianz’s Oliver Bäte. The tally stands at 18 current Fortune 500 CEOs and 28 worldwide.