Honest Company CEO Carla Vernón on being mentored by Walmart’s Doug McMillon

• In today’s CEO Daily: Diane Brady talks to Honest Company CEO Carla Vernón about Walmart’s Doug McMillon.
• The big story: Crypto founder Do Kwon gets 15 years in prison.
• The markets: New all-time high.
• Plus: All the news and watercooler chat from Fortune.

Good morning. I’m always fascinated by who CEOs turn to for feedback, and who they choose to mentor outside their companies. Some relationships develop organically through working with people who become friends after you move on.