Chief executives are over it. C-suite turnover spiked in the first half of 2021, according to data from recruiter Heidrick & Struggles. With average corporate leaders far older than they were 15 years ago and the job of managing during a pandemic a lot less fun the trend will continue in 2022. The Great CEO Resignation will become an invitation for corporate cage rattlers.
at the Reuters Next conference, activists like to muscle into companies when leadership is strained, and boards are distracted.
Uppity investors are ready to roll, too. Firms like Paul Singer’s Elliott Management deployed just $28.5 billion in the first three quarters of 2021, about half the amount they put to work in the same period in 2018 and less than the two subsequent years, research from Lazard’s Capital Markets Advisory Group shows. CEOs may be hitting the beach, but that will make remaining executives’ jobs far harder.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Lying Flat,’ ‘Antiwork’ And The ‘Great Resignation’ Spreads Worldwide As Young People Protest Against SystemThere’s a growing worldwide movement led by young people. Weighed down with overwhelming college debt, unable to find decent paying jobs, stuck in low-paying jobs with no future and being forced into the gig economy made Gen-Zs and Millennials feel misled and betrayed by their elders.
Read more »
Perspective | Sam Jones, a core member of the great 1960s Celtics, was a great shooter. And a lot more.The NBA Hall of Famer was a product of the Jim Crow South who became a key part of 10 title teams under legendary coach Red Auerbach.
Read more »
2022 look ahead: Will Dallas-Fort Worth’s great jobs machine keep cranking next year?This is what economic momentum looks like: Dallas-Fort Worth added 42,700 jobs in November, nearly three times more than its average monthly job gains over...
Read more »
11 great apps for your new Windows 11 PCOur favorite apps for your new Windows 11 system.
Read more »
Great American Hero Lives On; New Owners Plan to ExpandEverybody needs a hero. When Dominick Oliverie decided to retire at the end of December after working tirelessly for 47 years, he thought it would be ...
Read more »
Bietrun’s Budget USB Microphone Is A Great Value For MoneyThe UMKF01 USB Microphone from Bietrun is ideal for those on a budget and produces clear audio for a whole host of uses. It doesn't need any drivers and has zero-latency monitoring via a headphone jack in the base of the mic.
Read more »