CEOs fill leadership void during coronavirus crisis

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TOP OF THE MORNING

CEOs fill leadership void during the coronavirus crisis

Last year we discussed the emergence of CEOs becoming America's new politicians, stepping into the national leadership void on issues like climate change and immigration. Or, in some cases, being shoved into that void.

Driving the news: This role reversal has manifested itself over the past week, as so many of our elected officials dithered.

The big question last year was if CEOs were sincere when talking about their responsibility to all stakeholders, not just stockholders. Many have met that test, when the rubber hit the revenue.

Go deeper: Read the full story

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DEAL OF THE DAY

Plant-based meats maker Impossible Foods raises $500 million in new funding

Illustration: Aïda Amer/Axios

Impossible Foods, a Redwood City, Calif.-based maker of plant-based protein products, raised $500 million in Series F funding led by Mirae Asset Global Investments.

Why it matters: This massive round closed last week. Not only is that notable in our new abnormal, confirming what we heard last week about venture capital willingness to cut checks, but also should help Impossible handle short-term business disruptions.

Go deeper: Read more about the deal

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