From Nike to Intel, CEO departures at U.S. companies hit a record this year [CNBC]
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Source: CNBC
Turnover included chief executives at U.S. companies that have long dominated in their industries — like Boeing, Nike and Starbucks. Consumer-focused companies, which are more susceptible to changing tastes and trends, generally have higher turnover than industries like oil and gas or utilities, which tend to have internal and longer-tenured CEOs. Retired, ousted or poached, CEOs headed for the exits this year. U.S. public companies announced 327 chief executive changes this year through November, according to outplacement firm Challenger, Gray & Christmas. That's more than in any other year since at least 2010, when the firm first started tracking the turnover. It's also an 8.6% increase from last year. Turnover included CEOs at U.S. companies that have long dominated their industries — like Boeing Nike and Starbucks . The pace of change points to those companies' customers, investors, hedge funds or boards growing impatient with sales slumps or strategic missteps in an ot
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