In today’s CEO Daily: Geoff Colvin examines the rise of outsider CEOs. The big story: Warner Bros. Discovery prepares to reject Paramount’s bid. The markets: Up globally. Plus: All the news and watercooler chat from Fortune. Good morning. Big companies announcing new CEOs lately are mostly choosing insiders. Think of Walmart’s John Furner, Target’s Michael Fiddelke, and Geico’s Nancy Pierce. But 2025 has actually been a big year for outsider CEOs. With AI roaring ahead plus unprecedented tariffs, hist ...