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Conscious Capitalism, Inc. Announces CEO Transition

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Doug Rauch to step-down as co-CEO at the end of June with Alexander McCobin assuming sole CEO role

 

Conscious Capitalism, Inc. CEO, Alexander McCobin.

SAN FRANCISCO – June 23, 2017 – Conscious Capitalism, Inc., the nonprofit organization dedicated to elevating humanity through business, announced today that co-CEO Doug Rauch will step down from his staff leadership role as of July 1, 2017. Fellow co-CEO, Alexander McCobin, will assume sole chief executive responsibilities to lead the organization.

The transition was decided upon during Conscious Capitalism Inc.’s February Board meeting with unanimous support. Rauch and McCobin first informally shared news of this transition to attendees at Conscious Capitalism’s annual spring conference this past April in Philadelphia. Rauch will remain an active member of Conscious Capitalism’s Board to continue to support the organization’s growth.
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What the Amazon-Whole Foods Market Merger Means for Conscious Capitalism

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The following is a statement on the Amazon-Whole Foods Market merger from Conscious Capitalism, Inc. co-CEOs Alexander McCobin & Doug Rauch. We encourage you to share with anyone who might want to know what this decision means for the Conscious Capitalism movement. 

Amazon and Whole Foods Market Bring Two Types of ‘Consciousness’ Together
And That’s Good for Capitalism

 

Dear Conscious Capitalism Community,

Since last Friday’s announcement of Amazon’s bid to purchase Whole Foods Market, we’ve received a number of inquiries from our community wondering what this means for us, the Conscious Capitalism movement that aims to elevate humanity through business, co-founded by Whole Foods CEO, John Mackey.  With the dust beginning to settle around the media’s initial frenzy over the deal, and with rationale behind the merger coming into light from both companies, we are highly optimistic about the potential this strategic partnership has for Conscious Capitalism. Here’s why:

Conscious Capitalism Now Has a Seat at the Table of World’s Most Innovative Company

Amazon founder and CEO, Jeff Bezos has said of the acquisition:

“Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy. Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades – they’re doing an amazing job and we want that to continue.”

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How Home Decor Upstart Embodies Conscious Capitalism

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In a recent interview with Architectural Digest, Christina Bryant of St. Frank, articulates how her philosophy of doing business differs from many:

The art history and cultural preservation component was something that we led with. We started to share more about our artisans because customers were interested. We started selling framed textiles because I thought art really lent itself to telling a story—that’s what we want and expect out of art. That kind of central DNA to our brand then evolved into other products. What we’re doing is fairly complex to explain to the consumer. We’ve been educated as consumers around this “get big, give back” model of a Warby Parker or a Toms, where it’s “If you purchase, we’ll donate something.” I think that’s awesome, but what I was passionate about, as someone who came from the development background, was creating quality jobs that can change communities in a meaningful way: working with partners who are providing jobs with fair wages, gender equality, and other means of support. That translates into a much larger dollar that’s going back to the artisan.

I say kudos to Christina for what she is doing. She is providing both meaningful products and insightful analysis behind a business model that is designed to benefit everyone with whom the company works. What’s surprising is that the title of the article is “How Home Decor Upstart St. Frank Defies Conscious Capitalism.” This is not unusual. It’s common for people to think that Conscious Capitalism simply means, “giving back.” However, this is a misconception. Continue reading…


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CC2017 In Review

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It’s official. Conscious Capitalism 2017 was our best spring conference yet!

With speakers including REI’s Jerry Stritzke, Greyston Bakery’s Mike Brady, Great Place to Work’s Michael C. Bush, THINX’s Miki Agrawal, Back to the Roots’ Alejandro Velez, Dansko Footwear’s Mandy Cabot, The Motley Fool’s Tom Gardner, The Vanguard Group’s Jack Bogle, The Container Store’s Kip Tindell, Whole Foods Market’s John Mackey, and many others, CC2017 is for sure to be remembered for a long time. Continue reading…


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2017 CEO Summit Registration is Open

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We are excited to announce that registration is now open for the 11th Annual Conscious Capitalism CEO Summit!

This year’s Summit, to be held October 10-12 in Austin, Texas, will welcome 225 CEOs and Presidents of organizations with a minimum of $5 million in annual operating revenues.

The CEO Summit is organized by Conscious Capitalism, but its vibrancy is determined by its participants. If you are a CEO interested in participating, please let us know more about you and your Conscious Business via our New Participant QuestionnaireContinue reading…


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Greyston’s Open Hiring Spotlighted

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When your company has an amazingly touching story of elevating humanity through business, media outlets are bound to take notice. Such is the case with one of Conscious Capitalism 2017’s keynote sessions featuring Greyston CEO, Mike Brady, and one if the company’s exemplary employees, Dion Drew.

The full video of Mike and Dion will be posted here soon. In the meantime, find inspiration in this “No skills tests, no background checks, just a life-saving job at a bakery” article published on the final day of CC2017 in The Philadelphia Inquirer.


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Philly Here We Come!

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We are so looking forward to convening in Philadelphia for Conscious Capitalism 2017. And we couldn’t have asked for a warmer welcome from The City of Brotherly Love! The largest daily newspaper in our host city featured a preview of what’s in store for CC2017 participants through interviews with some of our keynote speakers.

Read At Conscious Capitalism conference, retailers like REI and Dansko say you can do good and make money in The Philadelphia Inquirer.


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REI: A Purpose-Driven Organization

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As we head into next week’s Conscious Capitalism 2017 in Philadelphia (April 18-20), our excitement levels are rising. Of course we are looking forward to seeing many of the movement’s most active supporters at our annual spring conference. But we also have an amazing line-up of speakers and practicum leaders who will undoubtedly make this year’s annual spring conference the best yet! One of our scheduled keynotes is Jerry Stritzke, CEO of REI. If you want to get an idea of how he plans to inspire CC2017 participants, check out this article in which he talks about REI’s new Force Of Nature initiatives.

Read: Jerry Strizke: How He Leads REI, A Purpose-Driven Organization in Forbes.

 


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Student Business Plan Competition Finalists

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Students from Drexel, Stanford, Kentucky and U.S. Air Force Academy Named Finalists in Conscious Capitalism Competition

$75,000 Student Business Plan Competition finalists will present to judging panel at Conscious Capitalism Spring Conference, April 18-20 in Philadelphia

SAN FRANCISCO — April 11, 2017 — Conscious Capitalism, Inc., the nonprofit organization dedicated to elevating humanity through business, announced today the finalists for its first Student Business Plan Competition. Comprising teams heading up four innovative and conscious new businesses are students and recent graduates representing Drexel University, Stanford University, Pepperdine University, University of Kentucky and the United States Air Force Academy. Each of the finalist teams will present to a panel of judges during Conscious Capitalism’s annual spring conference, held this year in Philadelphia, April 18-20.

Finalists in the Conscious Capitalism Student Business Plan Competition Continue reading…


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Get Real with John Mackey and Kip Tindell

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Whole Foods Market CEO and The Container Store Chairman Added to Conscious Capitalism 2017 Conference Line-up

John Mackey and Kip Tindell to “Get Real with…” interviewer, co-founder and CEO of The Motley Fool, Tom Gardner, during CC2017 in Philadelphia, April 18-20

SAN FRANCISCO — April 11, 2017 — Conscious Capitalism, Inc., the nonprofit organization dedicated to elevating humanity through business, announced today the addition of a “Get Real with…” session featuring Whole Foods Market co-founder and CEO, John Mackey, and The Container Store co-founder and chairman, Kip Tindell, at Conscious Capitalism’s annual spring conference, April 18-20 in Philadelphia. As part of the intimate conversation structure of the conference’s popular “Get Real with…” sessions, Mackey and Tindell will be interviewed by co-founder and CEO of The Motley Fool, Tom Gardner. Continue reading…