Fortune Global Forum 2024
The Fortune Global Forum gathers the leaders of the world’s biggest multinational companies in great cities on the dynamic frontiers of global business.
Agenda
Robert S. Tucker, Commissioner, New York City Fire Department
Alyson Shontell, Editor-in-Chief and Chief Content Officer, Fortune
In a complex global economy, understanding geopolitical nuance can be the key to success and failure. The past year has witnessed conflicts in Israel, Gaza, and other parts of the Mideast; an ongoing war between Russia and Ukraine; a derailing of European economies; and energy and supply chain flare-ups that saw no borders. Here in the U.S. and in over 70 countries around the world, citizens have gone to the polls, and a new group of global leaders are making their mark. Other convergent forces–from climate risk and aging populations to immigration and AI proliferation–are generating profound consequences for economic, financial, and political institutions. Amidst the disruption, how can leaders best position themselves for growth and security? And should they still rely on America to lead the way? A candid conversation on global diplomacy and America’s role on the world stage.
Leon Panetta, Chairman, Panetta Institute for Public Policy, U.S. Secretary of Defense (2011-2013), and Director, Central Intelligence Agency (2009-2011)
Mike Pompeo, U.S. Secretary of State (2018-2021) and Director, Central Intelligence Agency (2017-2018)
In conversation with: Clay Chandler, Executive Editor, Asia, Fortune and Co-Chair, Fortune Global Forum
Around the world, transformative changes are taking place– across marketplaces, societies, and governments. Over one-third of the globe has voted in elections, some of which will dramatically change trade and policy outcomes. The rapid advancement of AI is redefining workplaces, marketplaces, homes, and societies. The ability to successfully manage these shifts will determine which companies succeed and which falter. We’ll discuss the converging trends that have shaped the year in business and the global economy, and the strategies and tools needed to navigate the year ahead.
Abby Joseph Cohen, Professor of Business, Columbia University Graduate School of Business
Gary Cohn, Vice Chairman, IBM; Former Director, U.S. National Economic Council
Lynn Martin, President, NYSE Group
In conversation with: Diane Brady, Executive Editorial Director, Fortune Live Media and Co-Chair Fortune Global Forum
Over the course of four decades, Pulitzer Prize winning composer Wynton Marsalis has charted a career that has enabled him to see the world and attract new generations of talent to jazz music. His vast portfolio of work includes over 100 jazz and classical recordings and over 5000 concerts in over 60 countries. In his words, “Jazz music is the perfect metaphor for democracy,” and can serve as an inspirational tool to help us reflect on the past and reconsider the future. A conversation with the world-renowned trumpeter, bandleader, and composer on American democracy and the pursuit of justice–and what the fundamentals of jazz can teach us about leadership, teamwork and bridging social and political divides.
Wynton Marsalis, Managing and Artistic Director, Jazz at Lincoln Center
In conversation with: Andrew Nusca, Editorial Director, Fortune Live Media
The fruits of Jazz at Lincoln Center’s education mission (and the future of jazz, itself) will be on display via this special performance by a trio from Jazz at Lincoln Center All-Stars, featuring Juilliard School and Manhattan School of Music graduates who regularly perform alongside Wynton Marsalis.
Musicians:
Abdias Armenteros (Tenor Saxophone)
Domo Branch (Drums)
Philip Norris (Bass)
China's once-thriving ecosystem for foreign venture capital and private equity is facing significant challenges. For years, international investors played a pivotal role in driving China's technological advancements, backing startups across sectors like AI, semiconductors, and biotech. However, rising geopolitical tensions, and regulatory measures by both the U.S. and Chinese governments, have led to corporate “de-risking” and a subsequent decline in foreign direct investment (FDI). Can China continue to outpace the world in tech innovation? And how can global VCs maintain a foothold in China’s evolving market? We’ll discuss China's economic landscape and the implications for global markets.
Dr. Fred Hu, Founder, Chairman and CEO, Primavera Capital Group
Dr. Zongyuan Zoe Liu, Maurice R. Greenberg Fellow for China Studies, Council on Foreign Relations
Jing Ulrich, Managing Director and Vice Chairman of Investment Banking, JPMorgan Chase
Jörg Wuttke, Partner, DGA-Albright Stonebridge Group
In conversation with: Clay Chandler, Fortune
As AI transforms industries, the race is on to build infrastructure that can keep pace with its explosive growth and fuel the next wave of innovation. How can organizations optimize data pipelines and create agile platforms to unlock its full potential? How can we build AI infrastructure that drives innovation while supporting long-term sustainability? A conversation about the future of AI infrastructure and how to power it responsibly.
Eric Kutcher, Senior Partner and North America Chair, McKinsey & Company
Zig Serafin, Chief Executive Officer, Qualtrics
In conversation with: Diane Brady, Fortune
In today’s rapidly evolving business landscape, CEOs must rethink their business strategies to compete in the global marketplace. Navigating this complex environment requires agility, vision, and strategic decision-making – from streamlining costs and finding new talent to raising the bar on R&D and deploying new technologies for continuous improvement. Hear from two CEOs who are embracing transformative change by investing in new markets, fostering partnerships, and finding opportunities for innovation and growth in new and unexpected places.
Alex Chriss, President and CEO, PayPal
Paul Hudson, Chief Executive Officer, Sanofi
In conversation with: Kristin Stoller, Editorial Director, Fortune Live Media
THE NEW FINANCIAL FRONTIER: DEFI'S PATH TO ECONOMIC EQUALITY
Traditional financial systems often exclude low-income individuals due to strict requirements like high credit scores and steep fees, leaving millions unbanked. Decentralized Finance (DeFi) promises to change this by offering secure, transparent, and accessible financial services through blockchain technology. But with greater access comes new risks. How can we ensure the safety and security of users' assets in a decentralized system? What measures can be taken to prevent market volatility from harming those who are most vulnerable? A deep dive into the promises and challenges of DeFi in fostering financial inclusion and economic equality.
Presented by Hedera
Discussion Leaders:
Charles Adkins , President, Hedera
Carmelle Cadet, Founder and CEO, Emtech
Charles Cascarilla, Co-founder and CEO, Paxos
Neha Narula, Director, Digital Currency Initiative, MIT Media Lab
Moderator: Leo Schwartz , Reporter, Fortune
DISRUPT OR BE DISRUPTED: MOVING THE CEO AGENDA FORWARD
CEOs increasingly find themselves balancing an urgent need to hasten their transformation efforts with the need to manage economic uncertainty, rapidly evolving technologies, labor market shifts, and other risk factors. For leaders navigating the expectations of shareholders and stakeholders of all kinds while also dealing with internal dynamics, the pace of change is never quick enough. How can CEOs see around corners while accelerating the realization of their agenda and helping their companies prepare for the future?
Presented by Insigniam
Discussion Leaders:
Patrick Geraghty, President and CEO, GuideWell
Javier Rodriguez , Chief Executive Officer, DaVita
Nathan Rosenberg, Founder, Insigniam; Partner, Elixrr
Joey Wat, Chief Executive Officer, Yum China
Moderator: Matt Heimer , Executive Editor, Features , Fortune and Co-Chair, Fortune Global Forum
ADAPTING BUSINESS FOR A GLOBAL LANDSCAPE SHIFTING
The global economy faces a complex landscape in 2024; it is recovering from the biggest interest rate hike in 40 years, and almost half the world's population is voting in national elections. How do business leaders navigate the new rules of global trade, digital disruption, and geopolitical fragmentation? How can companies hone in on agility, strategic investments in technology, and proactive risk management to stay ahead in this dynamic environment?
Presented by McKinsey & Company
Discussion Leaders:
Eric Clark, Chief Executive Officer, North America, NTT Data
Merit Janow , Chairperson, MasterCard; Dean Emerita and Professor, Columbia University
Kristin Peck, Chief Executive Officer, Zoetis
Sebastian Picardo , President and CEO, Holt Renfrew
Olivia White , Senior Partner and Director, McKinsey Global Institute, McKinsey & Company
Moderator: Geoff Colvin , Senior Editor-at-Large, Fortune
GLOBAL STRATEGIES, LOCAL INSIGHTS: HOW TO THRIVE IN A DIGITAL ECONOMY
Companies seeking to accelerate growth and boost customer value must master the art of balancing global ambitions with regional challenges. In a landscape where e-commerce is revolutionizing consumer interactions with personalized online experiences and digital payments are advancing through innovations like contactless transactions and blockchain, understanding these changes is crucial. Discover how companies are blending global strategies with local insights to drive success and remain agile across marketplaces.
Presented by PayPal
Discussion Leaders:
Scott Baxter, Chairman, President, and CEO, Kontoor Brands
Suzanne Dann, Chief Executive Officer, Americas, Wipro
Isabelle Freidheim, Founder, Managing Partner, Athena Capital
Suzan Kereere , President, Global Markets, PayPal
Moderator: Alex Wood Morton , Executive Editor, Europe, Fortune
Successful leaders may have different paths to the top, but they all share a few common traits: a clear understanding of themselves and a well-defined sense of purpose. In an era of “cancel culture” and misinformation, we find ourselves more connected and more isolated. Cultivating strong relationships and dealing with uncertainty has become paramount for any CEO looking to motivate their teams to reach their maximum potential. We’ll explore how "Identity Leadership” can help us channel the best of who we are to achieve success for ourselves and those we lead.
Stedman Graham, Business Advisor, Chairman, and CEO, S. Graham & Associates
In conversation with: Ruth Umoh, Editor, Next to Lead, Fortune
Attracting and retaining high-performing teams, who are intensely focused on the evolving needs of consumers, are now key tools for any CEO looking to position their companies for long-term success. For both Target and PepsiCo, prioritizing a strong, consistent company culture has helped to deliver a better consumer experience, differentiate from the competition, strengthen operations, and drive revenue growth over time. Whether making or selling products, both companies are also skillfully deploying data-driven insight to find new ways to deliver both connection and value to customers. We’ll learn more about their unique partnership and lessons from their playbooks that can be applied in any organization.
Brian Cornell, Chairman and CEO, Target Corp.
Steven Williams, Chief Executive Officer, PepsiCo Foods North America
In conversation with: Diane Brady, Fortune
Just two years ago, AI appeared poised to upend global business overnight. The reality, however, has been more complicated. Faced with the high costs associated with building AI models and powering data centers, along with potential regulatory and legal hurdles, business strategies for AI adoption are coming down to earth. Additionally, recent findings suggest the technology is burdening employees with more work instead of boosting productivity. As AI's true potential for ROI becomes clearer, what lessons can we learn to ensure it delivers on its promise?
Kate Johnson, President and CEO, Lumen Technologies
Vimal Kapur, Chairman and CEO, Honeywell
In conversation with: Andrew Nusca, Fortune
Both the NBA and MLB have rebounded strongly since the pandemic. Attendance is up, and the leagues are actively working to attract younger fans and capitalize on the shift toward digital platforms and streaming. They're also expanding their reach beyond the U.S. market into Asia, Europe, and Latin America. NBA Commissioner Adam Silver and MLB Commissioner Rob Manfred, both in their roles for a decade, discuss the competitive landscape for talent, the impact of geopolitics and economics, and their visions for the future of their respective leagues.
Rob Manfred, Commissioner, Major League Baseball
Adam Silver, Commissioner, National Basketball Association
In conversation with: Matt Heimer, Fortune
As artificial intelligence transforms both business and society, the urgent challenges of governance are coming into sharp focus, underscoring the need for a more inclusive and equitable AI ecosystem. What innovative steps can policymakers and practitioners take to ensure ethical AI development and close the gaps around AI governance? And how can we prevent an "AI divide" while harnessing AI’s potential to boost economic growth and advance the United Nations Sustainable Development Goals?
Carme Artigas, Co-Chair, U.N. AI Advisory Body; Senior Fellow, Belfer Center, Harvard University
Elizabeth Kelly, Director, U.S. Artificial Intelligence Safety Institute
In conversation with: Ellie Austin, Deputy Editorial Director, Fortune Live Media
The U.S. faces significant challenges in education, poverty, economic mobility, and substance abuse. Stand Together, a philanthropic organization founded by Charles Koch, is addressing these and other complex issues through a unique approach. By running their philanthropy like they would a business, Chase Koch and Stand Together CEO Brian Hooks are developing scalable solutions to drive tangible societal change. We’ll discuss this paradigm shift within charitable giving and how harnessing the power of large platforms can deliver transformative results for communities nationwide.
Brian Hooks, Chairman and CEO, Stand Together
Chase Koch, Executive Vice President, Koch; Founder, Koch Disruptive Technologies
In conversation with: Kristin Stoller, Fortune
Presenter: Salome Agbaroji, U.S. National Youth Poet Laureate (2023); Student, Harvard University
More than half of the world’s population now lives in urban areas. In countries like Saudi Arabia, urban living is being reimagined through sustainable development projects like NEOM, The Line, and Qiddiya, which aim to reduce dependency on oil. What lessons can we learn from the Kingdom's approach to urbanization? What strategies are being employed to accelerate economic diversification and job creation in emerging industries? A close look at how Saudi Arabia is striving to set a new standard for the world’s rapidly urbanizing future and what challenges lie ahead.
H.E. Fahd bin Abdulmohsan Al-Rasheed, Advisor, General Secretariat of the Council of Ministers, Kingdom of Saudi Arabia; Chair, Saudi Conventions and Exhibitions General Authority
In conversation with: Diane Brady, Fortune
As the world navigates a year of major elections and shifting alliances, the global standing of the United Kingdom is at a crossroads. Former Prime Minister Boris Johnson shares his insights on the UK's evolving role in European trade, the implications of Brexit, and the rise of AI as a key driver of economic growth. He will also discuss the challenges posed by global conflicts in the Middle East and the shifting landscape in Eastern Europe after the Ukraine war. How can the UK attract foreign investment with a new party in power? And what role will decisions made by the US and other major economies play in the global landscape and the UK's future?
The Honorable Boris Johnson, Prime Minister of the United Kingdom (2019-2022), U.K. Foreign Secretary (2016-2018) and Mayor of London (2008-2016)
In conversation with: Geoff Colvin, Fortune
The Jazz at Lincoln Center Atrium will be magically transformed to host you for a night of fabulous immersive entertainment, great music, and a Dom Perignon and caviar reception before dinner and performances.
Join us for a fabulous evening curated by experiential designer and lifestyle impresario, Colin Cowie. Between courses, guests will be delighted with a musical journey through the decades and a celebration of Fortune’s Most Powerful People in Business. A night not to be missed!
Welcome Remarks
Anastasia Nyrkovskaya, Chief Executive Officer, Fortune
Alyson Shontell, Editor-in-Chief and Chief Content Officer, Fortune