How to survive the turnover tidal wave

The turnover of chief executives for the ASX100 is set to keep increasing, which means getting off to good start for new corporate bosses is almost non-negotiable.

A new chief executive in one of Australia’s top corporates has less time to succeed. This year 16 new ASX100 chief executives were appointed in the eight months to the end of February and, based on the trend, can expect to be in the role for just 3.9 years.

Prior to the GFC, chief executive turnover in the ASX100 averaged 9 per cent per year in the five-year year period to 2007. Then, in 2009, it hit 22 per cent, falling back to 17 per cent at April 2012.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles