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.
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It’s official. FTSE 100 chief executives are finding their way to the exit less often than they used to.
A survey from recruitment agency Robert Half reveals that the annual attrition rate has fallen for the first time in three years, while time in office is growing. This comes despite commentators describing leadership movement toward the end of last year as CEOs “falling like skittles”.
So has the quality of CEOs improved? The answer to their increasing longevity in post is probably more to do with the times we live in.
Research from Robert Half says that during the past year CEO turnover has dropped to one in ten, a reductio
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