08/24/22: Superstar CEO moves to Foot Locker

Former Ulta CEO turned executive chair Mary Dillon will become the new CEO of Foot Locker starting next month. Crain’s reporter Ally Marotti talks with host Amy Guth about what could be in store for the shopping mall-based brand under Dillion’s leadership. Plus: CTU President Stacy Davis Gates declines mayoral run but calls for new leadership at City Hall; Americans’ pay floor for accepting a new job rises to $73,000, though the number reveals a gender split; Ford cutting 3,000 jobs globally, top execs tell employees; and McDonald’s adds Marriott, J&J, Salesforce execs to board.