Bloomberg Businessweek C-Suite Conversations on Consumer Health, Earnings
May 7, 2026
Revathi Advaithi, CEO of Flex, explains the planned spin-off of its cloud and power infrastructure unit and its role in data center power solutions. Gal Krubiner, CEO of Pagaya Technologies, discusses AI-driven underwriting for banks and point-of-sale credit. Jeff Simmons, President and CEO of Elanco, reviews strong animal health results, market share gains and durable pet and protein demand.
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Pet And Farm Health Demand Is Resilient
- Pet and farm animal health demand is structurally strong with Elanco seeing 10% farm growth and high-single-digit pet growth in 2025.
- Jeff Simmons credits innovation, omni-channel reach (dollar stores to Costco to vets) and Bayer acquisition for recent market-share gains.
Market Share Driven By Products And Channels
- Elanco's competitive edge comes from multiple blockbusters and broad channel coverage, not price cutting.
- Simmons says six major launches, leadership in parasiticides, and presence from Chewy/Amazon to dollar stores drove record share growth.
Credit Performance Is K Shaped
- Pagaya sees a split consumer picture: their borrowers average ~$115,000 income and strong credit performance, while lower-income groups face cash stress.
- Gal Krubiner frames this as a K-shaped economy where Pagaya focuses on higher-credit borrowers underserved by banks.