Please Don’t Call CEO Departures for Cause “Push-Outs”

The use of the term “push-out” reveals the bias of this study, from a program largely funded by CEOs. When CEOs are promptly fired for cause, including poor performance, without multi-million-dollar departure packages. we’ll begin to talk about efficient markets. Research using the Push-out Score analysis model shows that at the start of the year,…

CEO Turnover: Why CEOs Are Bailing Out In Droves | Investor’s Business Daily

We can’t help thinking of rats deserting a sinking ship. Are CEOs shorting American business? More than 1,400 CEOs left their posts this year through November, says Challenger, Gray & Christmas. That’s up 12% from this point last year. And it’s the highest January to November total since Challenger started keeping track of the numbers…

Today in Disgraced CEOs — Overstock and Jimmy Johns

Patrick Byrne abruptly resigned from Overstock.com, the company he founded, with a rambling, incoherent appearance on FOX News where he claimed that he was asked to spy by “some very honorable people,” including having an affair with now-jailed Russian spy Maria Butina. “I took some orders that seemed very fishy…[but]I’m not working with anybody….I want…

CEOs Adopt “Stakeholder” Goals: Business Roundtable

A new statement from the Business Roundtable commits to stakeholder interests instead of making the primary purpose of the company shareholder value. We have some concerns.  And a strong sense of deja vu. The last time the BRT was excited about stakeholders it was during the era of hostile takeovers, and a feint to the…

Stop Letting Quarterly Numbers Dictate Your Strategy

Former Jive Software CEO David Hersh says that there is too much focus on quarterly revenue numbers. He has some good suggestions — keep R&D involved in strategy, make sure the board understands that revenues are the result of strategy not the other way around — but omits the key factor of communicating effectively with…