Turnover of CEOs accelerated almost 16% between January 2013 and 2014—the highest level in four years, according to outplacement consulting firm Challenger, Gray & Christmas.
Shareholders believe that a side effect of this trend appears to be outsized golden parachutes designed to benefit CEOs—and other executives—who will likely experience a significant period of time in between roles. One could argue that shorter terms and longer periods in between positions is a symptom of a larger challenge in board leadership. CEOs need time and support to shape organizations into desired performance.
-Christopher P. Skroupa, Forbes,
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