TITLE

Rate of global CEO turnover has plateaued

PUB. DATE
July 2007
SOURCE
Corporate Board;Jul/Aug2007, Vol. 28 Issue 165, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the result of the sixth annual survey by Booz Allen Hamilton Inc. related to chief executive officer (CEO) turnover. It was found that corporate boards have replaced underperforming CEOs quickly, as they focus more on grooming in-house leaders. It is stated that in 1995 to 2006, annual CEO turnover has grown 59%, and performance-related turnover has increased by 318%. Meanwhile, in 2006, 20% of all CEO departures are related to mergers and acquisitions.
ACCESSION #
25582118

 

Related Articles

  • PURSUING OTHER OPPORTUNITIES.  // Electric Perspectives;Jul/Aug2007, Vol. 32 Issue 4, p10 

    The article focuses on the rising rate of departures among chief executive officers from companies around the world. The rate of departures has risen steadily at the world's largest publicly trade corporations, according to a recent survey conducted by Booz Allen Hamilton. CEO turnover rate...

  • High Rate of Turnover for Insurance CEOs. O'Rourke, Morgan // Risk Management (00355593);Oct2003, Vol. 50 Issue 10, p9 

    The article reports on the increase in the rate of turnover for chief executive officers in the insurance industry. One in seven chief executive officers in the insurance industry left their position in 2002, the third highest departure rate among all sectors, behind only telecommunications and...

  • Local CEOs under increased pressure.  // Manufacturers' Monthly;Nov2003, p15 

    Reveals that Australia's chief executive officer turnover rate is higher than the global rate, according to a study by Booz Allen Hamilton. Rate of CEO turnover related to mergers and acquisitions.

  • WANDERING EYES. Nancherla, Aparna // T+D;Jul2008, Vol. 62 Issue 7, p22 

    The article underscores how talent mismanagement increases employee turnover. It states that dealing with workers who leave the company is not an easy task for an employer. An online survey conducted by Right Management, a human capital consulting services firm, said that 30% of employees leave...

  • BOOZ ALLEN HAMILTON HLDG. Investor's Business Daily // Investors Business Daily;7/15/2014, pA02 

    The article announces the resignation of Ralph Shrader as the chief executive officer (CEO)of technology and management consulting firm Booz Allen Hamilton in 2014.

  • Utility chiefs sacked fastest.  // Utility Week;5/21/2004, Vol. 21 Issue 20, p8 

    Reports on the results of a survey conducted by management consultant Booz Allen on the turnover of chief executive officers in 2003. Rate of turnover in the utility industry; Percentage of employee changes in European corporations; Effect of splitting the chief executive and the chairman post...

  • Mind your head. Kemp, Ian // Total Telecom Magazine;Jul/Aug2007, p9 

    The article presents the results of a study by Booz Allen Hamilton, which examines the growing incidence of CEO retrenchment. The study shows that CEO are, more than ever, in need to justify their long-term strategies to prolong their term of office. Findings reveal that corporate boards are...

  • Measuring Worker Turnover in Long-Term Care: Lessons From the Better Jobs Better Care Demonstration. Barry, Theresa "Teta"; Kemper, Peter; Brannon, S. Diane // Gerontologist;Jun2008, Vol. 48 Issue 3, p394 

    Purpose: Turnover among direct-care workers (DCWs) continues to be a challenge in long-term care. Both policy makers and provider organizations recognize this issue as a major concern and are designing efforts to reduce turnover among these workers. However, there is currently no standardized...

  • SURVEY.  // Orange County Business Journal;3/5/2007, Vol. 30 Issue 10, p75 

    The article cites a survey from Right Management Inc. regarding chief financial officers' (CFO) reasons for leaving their company. Fifty percent of CFO left their company for reasons other than finding a new job. Twenty-three percent departed because they did not fit into the company culture....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics