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CEO Turnover and Implications for Organizations
The chapter explores the increasing rate of CEO turnover, reaching a peak in the past year with a focus on both voluntary and involuntary departures. It analyzes the potential impacts of shorter CEO tenures on shareholder assessments, mistake identification, impatient boards, and CEO compensation structures. The chapter also discusses the influence of the Me Too era, the attractiveness of private company markets for CEOs, and the evolving role of CEOs amidst industry disruptions and technological advancements.