It's a dangerous time to be a bad CEO
Among S&P 500 firms in the bottom group of performers, succession rate jumps from 12.2% in 2015 to 17.1% in 2016.
THE first half of 2017 has produced a string of CEO (chief executive officer) departures and successions, from startup CEOs whose behaviour is under scrutiny to long-tenured Fortune 50 CEOs retiring after more than a decade at the helm. Uber's Travis Kalanick. General Electric's Jeffrey Immelt. Ford's Mark Fields. J. Crew's Mickey Drexler.
But the revolving door at the top of corporate America really started picking up speed in 2016 - at least for low performers - according to a new report on CEO succession.
In its annual report, released on Tuesday, The Conference Board found that among S&P 500 companies that were i…
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