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Stock impact report

CEO Resignations Hit Record Levels As Business Uncertainty Grows [Forbes]

Lucid Group, Inc. (LCID) 
Company Research Source: Forbes
January 2025 set a new record, with 222 CEOs stepping down from their posts. This number is 14% higher than last year at the same time - and since the tracking metric was implemented in 2003. The results are on the heels of 2024's record number of CEO departures, with 2,221 executives , according to the executive recruiting firm of Challenger, Gray and Christmas. The annual data for CEO departures in 2024 marks a 16% increase from the previous year - surpassing the prior record of 1,914 exits in 2023. Economic and Political Turbulence: A Catalyst for CEO Departures CEOs are resigning in record numbers. getty The surge in CEO resignations is closely linked to the current economic and political climate. The implementation of sweeping tariffs by President Donald Trump on imports from major trading partners such as Mexico, Canada, and China has led to heightened global trade tensions. The U.S. election was a mandate for change, and new tariffs are ushering in a Uncertainty and unp Show less Read more
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