Top reason CEOs were ousted in 2018 was because of scandals (via CNBCMakeIt)
at CBS), 35% were due to financial performance and 13% were the result of conflicts with the company's board.
That breakdown is very different than previous findings. For example, as the Post points out, at the height of the crisis in 2008, 52% of CEO dismissals were due to financial performance, 35% were due to board conflicts and 10% were due to misconduct. "The rise in these kinds of dismissals reflects several societal and governance trends, including more aggressive intervention by regulatory and law enforcement authorities, new pressures for accountability about sexual harassment and sexual assault brought about by the rise of the 'Me Too' movement, and the increasing propensity of boards of directors to adopt a zero-tolerance stance toward executive misconduct,"The number of forced turnovers for CEOs in 2018 overall, the...
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