This year has seen significant changes in CEO turnover. In the first quarter alone of 2024, outplacement and career transitioning firm Challenger, Gray & Christmas reported that 622 chief executives announced their resignations. This represents a 50% increase compared to the first quarter of 2023, which was already a record year for CEO exits.
The surge in departures seen earlier this year can be attributed to the evolving business landscape, retirement of Baby Boomers and increased pressure on CEOs to navigate complex issues, including inflation, supply chain disruptions, and environmental, social and governance concerns.
People making company driving decisions, aka CEOs
ceos lose their jobs all the time
This year has seen significant changes in CEO turnover. In the first quarter alone of 2024, outplacement and career transitioning firm Challenger, Gray & Christmas reported that 622 chief executives announced their resignations. This represents a 50% increase compared to the first quarter of 2023, which was already a record year for CEO exits.
The surge in departures seen earlier this year can be attributed to the evolving business landscape, retirement of Baby Boomers and increased pressure on CEOs to navigate complex issues, including inflation, supply chain disruptions, and environmental, social and governance concerns.
https://www.forbes.com/sites/jackkelly/2024/08/19/ceos-facing-job-insecurity-like-workers/