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This is the worrying reason why most CEOs leave their companies

Leadership

Executive Grapevine | Executive Grapevine International Ltd

This is the worrying reason why most CEOs leave their companies

Much like every year, throughout 2018 CEOs were fired and hired as usual. However, there was something different about 2018: more were dismissed due to ‘ethical lapses’ than poor profit or company performances.

These charges based on ethical problems range from sexual harassment and bullying, to bribery and insider trading. A PwC study into last year’s CEO dismissals found a staggering 39% of the forced exits were due to ethical misconduct, compared to 35% based on poor financial performance and just 13% based around board conflicts and investor rebellions.

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