How the Great Wealth Transfer could quietly disrupt corporate America’s leadership pipeline

The Great Wealth Transfer is usually framed as a consumer, housing, or wealth management story. But it may also become a story about power inside corporate America. If financial security arrives before the corner office does, why would the most talented people keep climbing the corporate ladder?

For decades, big companies could count on one thing. Enough ambitious people would tolerate the grind because the ladder promised money, status, and security. But as trillions move from older Americans to their heirs...