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👋Good morning. Not every day in business ends with a bang. Yesterday was one of the quieter ones — less a day of dramatic announcements, more a day of quiet handovers: titles, sponsorships, laboratories, even loyalty, all passed from one set of hands to another without much ceremony. Old guards stepped back, new ones stepped up, and nobody made much fuss about it. It's the kind of shift that doesn't show up on a stock ticker but changes the shape of an industry all the same — the moment before the applause, when the outgoing generation lets go and the incoming one finds out whether they were paying attention. Settle in. Here's what changed hands yesterday.
