The rats are running!
This is a discussion on CEO's Stepping Down within the General Talk forums, part of the General Discussion category; Been following the buried news after you get past all of the Covid news and Election news. Something that I have been noticing the last ...
Been following the buried news after you get past all of the Covid news and Election news. Something that I have been noticing the last couple months in the amount of CEO's of major corporations that have been stepping down recently. Partial list below. That got me wondering, is it normal for this many high level companies to switch their leadership in such a short time? I have a couple theories. One is they are abandoning ship because they know the economy is about to be wrecked. The second is Weinstein sang like a canary to save his own worthless behind. That and I am sure there is plenty of info they got out of Epstein before he got wacked. We have all heard about the lists of high profile people that could be implicated. Am I reading too much into this? Is it normal to have this many CEO's cut bait and run?
Lockheed Martin, Marylin Hewson, 3/16
Microsoft, Bill Gates, 3/13 (stepped down as CEO in 2000 but just left the board as well)
UPS, David Abney, 3/12 (after 6Y)
Disney CEO, Bob Iger, 2/25 (after 15 Y)
MasterCard CEO, Ajay Banga, 2/25 (after 10 Y)
Salesforce CEO, Keith Block, 2/25 (after 18 M)
Uber Eats VP, Jason Droege, 2/25 (after 6 Y)
Outdoor Voices CEO, Tyler Haney, 2/25 (after 8 Y)
Cansortium Cannabis CEO, Jose Hidalgo, 2/25 (after 5 Y)
St. Luke's Hospital CEO, Christine Candio, 2/25 (after 5 Y) (one of St. Louis' biggest hospitals)
JCPenney CMO, Shawn Gensch, 2/25 (after 9 M)
Bowers & Wilkins CEO Gregory Lee, 2/24 (after 2 M)
Bowers & Wilkins CFO Gideon Yu, 2/24 (after 4 Y)
L Brands CEO, Les Wexner, 2/20 (after 57 Y)
Credit Suisse CEO, Tidjane Thiam, 2/13 (after 5 Y)
MGM CEO, Jim Murren, 2/12 (after 12 Y)
Aurora Cannabis CEO, Terry Booth, 2/6 (+other big cuts)
LinkedIn CEO, Jeff Weiner, 2/5 (after 11 Y)
HULU CEO, Randy Freer, 1/31 (after 2 Y)
IBM CEO , Ginni Rometty, 1/30 (after 8 Y)
Match.com CEO, Mandy Ginsberg, 1/29 (health)
International Airlines Group (IAG) CEO, Willie Walsh, 1/9 (after 9 Y)
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin
The rats are running!
Blessed be God, my rock who trains my hands for battle, my fingers for war. Psalms 144:1
Victory can depend on a dog or a goose---Napoleon
Steven Haworth Miller said it very well...
The Joker's are gonna Take The Money and Run and Fly like an Eagle!
(Slippy, who in the heck is Steven Haworth Miller? Good question, he is also known as Stevie "Guitar" Miller! )