Recent research on U.S. CEO tenure varies anywhere from 5 to 8 years, but one thing is certain: CEOs have less time than ever to prove their merit. Part of the reason is market dynamism and the rapid changes taking place in businesses today.
Why do so many companies want to fire their CEO? – CBS News
This is a great article written by Margaret Heffernan for CBS Moneywatch.
How many CEOs are first-time CEOs? I think it’s the majority (we found as high as 73%), and that’s a real problem.
CEOs these days are given one term in office. If they’re very successful, they might get four more years.
