All articles tagged with #succession
Japan's historic businesses are failing at an unprecedented rate in 2026, with 112 century-old firms going bankrupt in the first eight months. Rising costs, labor shortages, and a shrinking domestic market are forcing long-established companies to rethink their strategies, ownership, and expansion plans.
Edward Rukidi Kijanangoma, a 56-year former journalist, has been crowned the new king of Uganda’s Tooro kingdom. He succeeds King Oyo, who died at age 34. The coronation followed a dispute where the royal clan bypassed a will naming an unpublicized son in favor of Kijanangoma, a cousin from the ruling Babiito lineage.
Analysts warn Putin’s grip may be aging, prompting a race among a younger generation (mostly 40s–50s) tied to Russia’s security services to potentially succeed him; highlighted figures include Dmitry Patrushev and Aleksei Dyumin; success hinges on building the strongest coalition across Moscow’s power centers while safeguarding the regime after Putin’s departure.
Warren Buffett, 96, steps down as Berkshire Hathaway chairman after six decades and passes the post to his son Howard 'Howie' Buffett; Buffett had previously ceded the CEO role to Greg Abel in 2025 and remains chairman emeritus with a board seat as Berkshire, now valued at over $1 trillion, continues its diversified holdings.
As Putin is sure to win again, the piece surveys seven likely successors—Mikhail Mishustin, Alexei Dyumin, Dmitry Patrushev, Boris Kovalchuk, Denis Manturov, Sergei Sobyanin, and Sergei Kiriyenko—spanning technocratic, security-service, business-elite, and regional power blocs. Mishustin is a noted outsider to the siloviki, while Dyumin, Patrushev’s circle, and the Kovalchuks wield security or oligarchic influence; Manturov heads the defense-industrial complex; Sobyanin runs Moscow; Kiriyenko shapes domestic policy and has been cultivating loyal cadres, though results are mixed. The article underscores that Russia’s next leader will likely resemble Putin in image more than his opponents, with who succeeds him shaped by Kremlin power dynamics.
Andrew Mertha argues that Xi Jinping’s purges are not signs of a fragile regime but part of a long-running CCP discipline system built on rectification: keep cadres inside the party, force self-criticism, and maintain permanent dossiers. Purges are exceptions; the overarching mechanism strengthens centralized control and coordination across the bureaucracy, turning discipline into a tool of endurance rather than ideological conversion. The main risk remains succession, not internal decay, meaning the party is likely to endure but with a potentially weaker military and tighter political control.
Uganda is mourning the burial of a former Tooro kingdom monarch once known as a youthful “boy king” while a renewed fight over the Tooro throne unfolds. The piece notes the king’s connections to Libyan leader Muammar Gadhafi and recalls the monarchy’s revival in 1993; while Uganda’s traditional kingdoms wield no political power, they still serve as custodians of culture, making the burial a focal point for ongoing succession maneuvering within Tooro.
Uganda's Tooro king Oyo Nyimba Kabamba Iguru Rukidi IV, who died of cancer in the US, was laid to rest amid tensions over his heir: clan elders named TV presenter Prince Edward Rukidi Kijanangoma as the next monarch, a choice disputed by the king’s family who point to a 2022 will naming his young son as successor. The royal household faced movement restrictions, with security and guards withdrawn, as religious leaders and President Museveni urged unity rather than division.
The Tooro Kingdom in Uganda faces a royal crisis after King Oyo’s death overseas; his family says he intended to pass the throne to his son, while a committee of elders has named a different successor, highlighting a dispute over leadership in one of Africa’s oldest monarchies.
Prince Hisahito turns 20 as Japan’s government defends a male-only line of succession, amid a July reform that allows the adoption of male heirs from distant royal lines and lets female royals keep royal status after marrying a commoner (though their offspring won’t be royals). Critics call the changes sexist and anachronistic, arguing they increase pressure on Hisahito and his future wife to produce a male heir. Hisahito, a biology student at the University of Tsukuba, has begun occasional official duties and is often contrasted with popular cousin Princess Aiko, who is ineligible to rule.
John Ternus, a 51-year-old hardware engineer and 25-year Apple veteran, was named Tim Cook’s successor as Apple’s CEO, with Cook remaining executive chair during a four‑month transition. Known for his calm, low-profile leadership and hardware focus, Ternus has driven key products from iPad transitions to AirPods and Mac chips. His appointment signals continuity within Apple’s leadership while aiming to rekindle a product‑led era; his first major public test will be leading the upcoming iPhone launch (and possibly a foldable iPhone), as investors weigh AI, supply chains, and the company’s growth trajectory.
Liechtenstein will switch from male primogeniture to absolute primogeniture, meaning the throne will pass to the first-born child regardless of sex. The change applies to descendants of Hereditary Prince Alois and Hereditary Princess Sophie and does not affect the current heir for now, as Alois emphasizes choosing the best prepared leader for the principality.
Russia’s aging, personalized regime has no clear successor, risking a rushed intra-elite power struggle once Putin leaves. Formal constitutional rules won’t decide the next leader; instead a small, aging ‘selectorate’ of security chiefs, parliament leaders, and Putin’s inner circle will shape the outcome. While potential contenders exist (e.g., Dyumin, Volodin, Mishustin, Kiriyenko), most top officials are in their 70s, and failing to groom a younger generation could yield instability or chaos in the transition, echoing historic succession patterns from Stalin’s era.
The piece argues that Argentina must prepare for life after Lionel Messi, potentially his international retirement after the 2026 World Cup, and uses cross-sport history to illustrate how teams fare when a generational great leaves. It notes both negative outcomes (short-term slumps or droughts) and positive rebuilds (sustained success after a talisman departs), citing examples like Maradona and Pele, Brady/Belichick, Ronaldo at Real Madrid, and the Giants after Bonds, among others. While Messi's departure could trigger a dip, the article suggests Argentina could eventually rebound if they effectively rebuild around the next generation.
Japan’s parliament revised the Imperial House Law to keep the throne in the male line, allowing distant male relatives to be adopted as heirs; Princess Aiko remains ineligible to ascend, while the changes also permit princesses to retain royal status after marrying commoners, a move aimed at stabilizing a shrinking imperial family but triggering debate over tradition versus modernity.