Tag: CEO departures
US companies lead UK and Europe on speed of CEO turnover
Research shows CEO turnover is higher in US firms than those in Europe and the UK, with 28% of US bosses departing after less than 36 months at the helm.
CEO turnover falls as firms seek ‘continuity and consistency’
Survey of FTSE 100 reveals annual attrition rate has fallen for the first time in three years, with the number of internally promoted CEOs on the rise.
Board moves: Unilever and Rathbone Brothers
Paul Polman is to leave Unilever months after a failed HQ move; and Rathbone Brothers’ FD is to take the chief role.
Elon Musk drops Tesla chairman role; and IG CEO leaves board
Elon Musk steps down from Tesla’s chairman role after an SEC settlement; and long-serving IG CEO Peter Hetherington leaves the board.
Major board moves for British Land and insurance firm esure
A new but familiar figure is to take up the CFO role at British Land, while insurance firm esure’s long-serving CEO has stepped down.
Ethical ‘lapses’ driving more CEO departures, says study
More chief executives are being ousted from their roles for “ethical lapses”, due to tightening regulation and governance, digital communications, the 24-hour news cycle and increased activity in developing economies.