Viewed in Korn Ferry Chief Revenue Officers (CROs) and Chief Commercial Officers (CCOs) are under unprecedented strain. Across industries—from software to consumer goods to manufacturing—firms are replacing revenue leaders at a faster pace than ever. With average tenure barely two years, the shortest in the C-Suite, these executives are often seen as the quick “fix”… More
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The rise of first-time CEOs
Viewed in Russell Reynolds The inaugural Global CEO Turnover Index Annual Report for 2023 provides valuable insights into the evolving landscape of CEO leadership, with implications for businesses in 2024 and beyond at public companies. The COVID-19 pandemic significantly influenced CEO turnover trends, causing a decline in departures during 2020 and 2021. A five-year high… More
Read more...Unchanging trend: Turnover of CFOs in S&P 500 companies
Viewed in Russell Reynolds This article emphasizes the persistence of Chief Financial Officer (CFO) turnover in S&P 500 companies and the evolving expectations for CFOs. Retirements, career changes, and new opportunities drive the ongoing turnover of CFOs, impacting financial strategies. Sectors such as technology and healthcare experience higher CFO turnover due to dynamic markets and… More
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