On his 80th birthday, media magnate Logan Roy shocks his family by announcing he's staying on indefinitely as CEO of Waystar Royco. The news shatters son Kendall, the heir apparent, while tempers flare as Logan's other children raise objections over Logan's intentions.
Logan's incapacitation sets off a heated succession debate among his children, as the board rushes to inform the media about leadership contingencies before the stock market opens. Kendall makes an impassioned final plea to keep Waystar Royco in the family.
With Waystar's stock plunging to dangerous lows, Kendall is confronted with a major crisis involving a secret bank debt. Upset with Marcia for pulling rank in the Roy apartment, Shiv decides to enlist an old paramour to conduct a background check on Logan's third wife.
With the company's annual foundation gala approaching, Kendall polishes up his speech while enlisting an on-air personality from the Waystar's ATV Networks to accompany him. Shiv tries to minimise damage from a sordid photo that threatens a client's political future.
After hearing Logan's plan to expand to local TV, Kendall plots a vote of no confidence against his father. Greg drives his ornery grandfather from Canada to New York for a Thanksgiving reunion with Logan. Tom grows concerned about the terms of his prenup with Shiv.
With the vote of no confidence against Logan approaching, Roman attempts to sway a neutral board member, while Kendall shores up his "yea" votes. Logan arrives in Washington to meet with the president, but worries he's been snubbed following a last-minute cancellation.
In an effort to fix his public image, Logan agrees to a family therapy session at Connor's ranch, intending it to double as a publicity stunt. Shiv considers putting herself in a precarious situation when Nate pushes her to join the team of a presidential candidate.
Tom has a bachelor party to remember; Kendall eyes a new business opportunity with a pair of idealistic entrepreneurs; Roman looks to land a deal for local TV stations with his father's nemesis; Shiv and Gil get ambushed during a TV interview on a Waystar network.
The Roys assemble at Eastnor Castle in England to prepare for Shiv and Tom's wedding. As guests mingle and clash, Kendall learns from Stewy and Sandy that their plot for a hostile takeover of Waystar has been fast-tracked in order to catch Logan off-guard.
Logan finds himself in crisis mode as news of a hostile takeover breaks; Kendall eyes an escape outlet.
Following his bombshell presser, a righteous Kendall scrambles to find a base of operations, while Logan's team searches for safe harbour.
Kendall tries to get his siblings, as well as Stewy and Sandi, on his side. Fearing his legal situation, Greg asks Ewan for help.
With the DOJ at the door, Logan summons his arsenal, while Tom makes a potentially life-changing offer; Kendall becomes obsessed with his own takedown.
Logan and Kendall have their first meeting together with Josh, a major investor worried about their family feud.
Kendall and the Waystar team find themselves working together at the annual shareholders' meeting, where Logan's health takes a turn.
Logan and team head to Virginia for a conservative political conference, where Roman finds out surprising news about his mother.
At Kendall's lavish birthday bash, Shiv and Roman try to arrange a meeting with Lukas Matsson, a tech mogul who recently snubbed Logan.
At a luxe family wedding in Italy, Roman airs suspicions, Gerri draws a line, and the Waystar team grows concerned about rogue tweets.
Matsson's vision for the GoJo-Waystar relationship leads Shiv and Roman to manage the fallout, while Logan weighs his options.
As Kendall, Shiv, and Roman hone their pitch for potential investors in LA, a call from Tom shifts the siblings' focus towards one of their dad's long-coveted companies.
After Shiv discovers that Tom is following Logan's playbook, she, Kendall, and Roman consider backing Sandi and Stewy's aggressive play on the Matsson deal. Elsewhere, Connor tries to make the most of his rehearsal dinner when Willa goes AWOL.
Before heading to Europe to meet with Matsson face-to-face, Logan tasks Roman with implementing an unsavoury first step in his strategic refocus. Meanwhile, Connor fixates on minutia at his wedding.
As Roman, Kendall, and Shiv navigate a misstep with Matsson, the Waystar team discusses a pivotal recommendation to the board ahead of the GoJo sale. Angling for position, Kendall seeks support from Stewy and Hugo.
After being summoned to Norway for a GoJo team-building retreat, Waystar's old guard grows increasingly concerned over the trip's true purpose. Later, when Matsson makes a play for ATN, Shiv, Kendall, and Roman consider whether to fight for Logan's crown jewel.
Ahead of a crucial new product launch on Investor Day, Shiv weighs a business proposal from Matsson, while Kendall and Roman each try to match Logan's tempestuous leadership style, with varying results.
Hoping to work the angles, Kendall and Roman ask Shiv to invite a campaign insider to Logan’s pre-election day party.
On election night, Tom tries to manage an increasingly chaotic newsroom, while Kendall, Shiv, and Roman spar over the consequences of the result - for themselves, the company, and the country.
As the family girds themselves for an emotional funeral, Kendall finds himself at odds with Rava… and inopportune news from Jess. Later, Shiv tries to reposition herself within a new political landscape, as Kendall rallies supporters to his side.
Ahead of the final board vote on the Waystar-GoJo deal, Kendall and Shiv try to shore up their opposing interests… and get a fix on the whereabouts of a physically and emotionally bruised Roman.
Still addled from the events in England, Kendall tries to make amends with his dad for his takeover attempt betrayal. As Tom manoeuvres for a new position in the company, Shiv tries to determine whether Logan is playing mind games regarding his successor.
Roman and Kendall do a "routine health check" of a new media brand to help Vaulter to determine the future of the company. Tom tasks Greg with sniffing out waste at ATN, as Greg wonders if the divisive media outlet is the right fit for him.
Logan informs his management team of his plan to make another attempt to acquire Pierce, a rival media company and one of the most respected names in news. Convinced the acquisition is a bad idea, Shiv asks Tom to deliver the message to Logan at a corporate retreat.
Logan brings Shiv in for a day at Waystar, raising suspicions with Kendall and Gerri. Logan and Kendall arrange a covert meeting with PGM CEO Rhea Jarrell, as a controversy surrounding a star anchor leads to a day of chaos at ATN headquarters.
Logan attempts to solidify his buyout of PGM at a weekend retreat at the Pierce family home. As the Pierces question whether an alliance with Waystar Royco will tarnish their legacy, Kendall makes his case to Naomi Pierce during a drug-filled night.
As Logan looks to finalise a deal to buy the Pierce family's papers and TV stations at a media & banking retreat, a threat to the deal arises from an unexpected quarter. Tom worries about ATN's new slogan after learning some distressing news from Greg.
The Roys head to the UK, where Roman and Shiv try to strike a deal with their mother and Logan and Kendall face the consequences of their last visit.
The entire Roy clan travels to Logan's hometown of Dundee, Scotland, for a celebration of Logan's 50 years in the business. Kendall becomes enamoured with Jennifer, an actress in Willa's play. A former employee proves difficult to silence.
Logan, Kendall, Gerri and Tom testify before Congress. Shiv speaks candidly to Kira, a victim who is set to be a key witness. In Turkey, Roman's business pitch takes a chilling turn.
Logan weighs whether a member of the family, or a top lieutenant, will need to be sacrificed to salvage the company's tarnished reputation. Roman shares his hesitations about a new source of financing, as Kendall suggests a familiar alternative.