Reported 1 day ago
In 2024, CEO turnover has escalated to unprecedented levels, driven by 'increasing complexity' in the business environment. A report highlights that over 1,800 CEOs have announced their departures by October, marking a 19% increase from the previous year. Factors contributing to this trend include greater accountability from independent boards, performance pressures, and the need for leaders adept at managing technological, social, and geopolitical changes. Recent exits from companies like Intel and Starbucks further exemplify the rapid turnover landscape.
Source: YAHOO