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A chill just ran through your company’s nicest corner office, and it’s not because the custodian left the window open overnight. According to a Wall Street Journal analysis, about one in nine CEOs was replaced among 1,500 of the biggest public companies last year:
Companies have cited a potpourri of reasons for their c-suite swaps, from AI to tariffs to economic and geopolitical uncertainty. They’re turning to younger (and greener) execs to fix their problems: Per the WSJ, incoming CEOs are 54-years-old on average, while more than 80% of last year’s crop were first-timers. |