Walgreens, Eli Lilly, Crypto CEOs and more: C-Suite Insights
01/12/2024 02:35
Yahoo Finance sat down with CEOs across top industries, including healthcare, Bitcoin mining, and cannabis. Here are the highlights from this week's interviews. Walgreens CEO Tim Wentworth (00:00:05) Walgreens (WBA) CEO Tim Wentworth discusses the company’s plans for 2024. “The story for 2024 is pretty straightforward. It’s reenergize the retail part of our business, both front and back of the store,” Wentworth explains. “Secondly, then is… get the balance sheet and the cash position of the company squared away.” “We are not pivoting away from the stores to a healthcare strategy,” Wentworth adds, “rather we are starting with great stores and expanding out from there a set of services that we can do across the healthcare ecosystem for payers.” Eli Lilly CEO Dave Ricks (00:00:54) Eli Lilly (LLY) CEO Dave Ricks explains what the company saw in 2023, as well as what 2024 holds. “Last year was about the launch of Zepbound, introduction that happened in the fall… Mounjaro had a great year as well in diabetes,” Ricks says. “This year I think will be about some of the new data releases. As we study these drugs, not just to demonstrate they lose weight… but what happens to your broader health.” “It’s going to be an exciting decade ahead for innovation with weight loss,” Ricks adds. CleanSpark CEO Zach Bradford (00:01:21) CleanSpark (CLSK) CEO Zach Bradford discusses Bitcoin (BTC-USD) and bitcoin ETF approval. “The strength of Bitcoin is partially based on how many users use it, what adoption looks like, and what the access looks like,” Bradford says. “The Bitcoin approving ETF helps everybody view also the related industries around it as something that is a little more friendly, a little more accessible for your everyday investor.” Riot Platforms CEO Jason Les (00:02:05) Riot Platforms (RIOT) CEO Jason Les explains why spot bitcoin ETF approval is a “rising tide that will lift all boats in the industry.” “Historically, a lot of investors who may have had an interest in Bitcoin have been unable to get exposure to the asset. Now with ETFs… those investors can get indirect exposure to Bitcoin and use that as a part of their portfolio management,” Les notes. “We believe this is going to bring a huge inflow of new capital into the space that should have a very positive catalyst on the price of Bitcoin.” Tilray CEO Irwin Simon (00:02:48) Tilray (TLRY) CEO Irwin Simon notes how the company is creating something “different” and “new.” “There’s not many companies out there today that have medical cannabis, recreational cannabis, spirits and beer, medical distribution… so we’re creating something that’s different, we’re creating something that’s new,” Simon explains.
Yahoo Finance sat down with CEOs across top industries, including healthcare, Bitcoin mining, and cannabis. Here are the highlights from this week's interviews.
Walgreens CEO Tim Wentworth (00:00:05)
Walgreens (WBA) CEO Tim Wentworth discusses the company’s plans for 2024. “The story for 2024 is pretty straightforward. It’s reenergize the retail part of our business, both front and back of the store,” Wentworth explains. “Secondly, then is… get the balance sheet and the cash position of the company squared away.” “We are not pivoting away from the stores to a healthcare strategy,” Wentworth adds, “rather we are starting with great stores and expanding out from there a set of services that we can do across the healthcare ecosystem for payers.”
Eli Lilly CEO Dave Ricks (00:00:54)
Eli Lilly (LLY) CEO Dave Ricks explains what the company saw in 2023, as well as what 2024 holds. “Last year was about the launch of Zepbound, introduction that happened in the fall… Mounjaro had a great year as well in diabetes,” Ricks says. “This year I think will be about some of the new data releases. As we study these drugs, not just to demonstrate they lose weight… but what happens to your broader health.” “It’s going to be an exciting decade ahead for innovation with weight loss,” Ricks adds.
CleanSpark CEO Zach Bradford (00:01:21)
CleanSpark (CLSK) CEO Zach Bradford discusses Bitcoin (BTC-USD) and bitcoin ETF approval. “The strength of Bitcoin is partially based on how many users use it, what adoption looks like, and what the access looks like,” Bradford says. “The Bitcoin approving ETF helps everybody view also the related industries around it as something that is a little more friendly, a little more accessible for your everyday investor.”
Riot Platforms CEO Jason Les (00:02:05)
Riot Platforms (RIOT) CEO Jason Les explains why spot bitcoin ETF approval is a “rising tide that will lift all boats in the industry.” “Historically, a lot of investors who may have had an interest in Bitcoin have been unable to get exposure to the asset. Now with ETFs… those investors can get indirect exposure to Bitcoin and use that as a part of their portfolio management,” Les notes. “We believe this is going to bring a huge inflow of new capital into the space that should have a very positive catalyst on the price of Bitcoin.”
Tilray CEO Irwin Simon (00:02:48)
Tilray (TLRY) CEO Irwin Simon notes how the company is creating something “different” and “new.” “There’s not many companies out there today that have medical cannabis, recreational cannabis, spirits and beer, medical distribution… so we’re creating something that’s different, we’re creating something that’s new,” Simon explains.