{"id":1729,"date":"2020-01-07T10:07:27","date_gmt":"2020-01-07T09:07:27","guid":{"rendered":"https:\/\/www.theofficialboard.com\/best-articles\/?p=1729"},"modified":"2020-01-07T10:07:28","modified_gmt":"2020-01-07T09:07:28","slug":"the-rise-of-the-outsider-ceo","status":"publish","type":"post","link":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/","title":{"rendered":"The rise of the outsider CEO"},"content":{"rendered":"\n

Viewed in The Wall Street Journal<\/em><\/strong><\/a><\/p>\n\n\n\n

There are many things about business and recruiting that do not change year to year. <\/p>\n\n\n\n

But Wall Street Journal <\/em>business columnist John D. Stoll writes in this column about one clearly demonstrable and important change: More and more companies are turning to the world outside of their respective companies to find their CEOs. And this isn\u2019t the only change. <\/p>\n\n\n\n

The number of changes at the top job is also increasing. <\/p>\n\n\n\n

According to data from employment consultant Challenger, Gray & Christmas, \u201cchief-executive departures took place at a rate of about 114 a month, a 25% increase over the typical yearly rate for the last decade.\u201d<\/p>\n\n\n\n

While companies historically have largely hired from within for their top jobs, several factors are driving the trend of hiring outside of it. <\/p>\n\n\n\n

One of the most significant factor is a fairly logical one: When a company\u2019s board of directors concludes that the company is headed in a negative direction, it makes little sense to promote the very executives who have been affiliated with and implicitly responsible for the downturn.<\/p>\n\n\n\n

\u201cWhen the business model is shifting and the internal skills may not be able to keep up with the rate of innovation and change, I think that\u2019s when companies look for an outside CEO,\u201d Stoll quotes Betsy Atkins, a director at Wynn Resorts Ltd., Volvo AB and SL Green Realty as saying.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Viewed in The Wall Street Journal There are many things about business and recruiting that do not change year to year. But Wall Street Journal business columnist John D. Stoll writes in this column about one clearly demonstrable and important change: More and more companies are turning to the world outside of their respective companies… More<\/a><\/p>\nRead more...<\/a>","protected":false},"author":1,"featured_media":1554,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[213],"tags":[151,215,170],"class_list":["post-1729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2019-12","tag-ceo","tag-recruiting","tag-wsj"],"yoast_head":"\nThe rise of the outsider CEO - The Official Board\u2019s Reads<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The rise of the outsider CEO - The Official Board\u2019s Reads\" \/>\n<meta property=\"og:description\" content=\"Viewed in The Wall Street Journal There are many things about business and recruiting that do not change year to year. But Wall Street Journal business columnist John D. Stoll writes in this column about one clearly demonstrable and important change: More and more companies are turning to the world outside of their respective companies... More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"The Official Board\u2019s Reads\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/x.com\/boardalert\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-07T09:07:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-07T09:07:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png\" \/>\n\t<meta property=\"og:image:width\" content=\"188\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"The latest trends on company organizations\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The latest trends on company organizations\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\"},\"author\":{\"name\":\"The latest trends on company organizations\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/person\/b2b3f21e5546a526d8243622f669c1b9\"},\"headline\":\"The rise of the outsider CEO\",\"datePublished\":\"2020-01-07T09:07:27+00:00\",\"dateModified\":\"2020-01-07T09:07:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\"},\"wordCount\":240,\"publisher\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png\",\"keywords\":[\"CEO\",\"Recruiting\",\"WSJ\"],\"articleSection\":[\"2019 12\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\",\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\",\"name\":\"The rise of the outsider CEO - The Official Board\u2019s Reads\",\"isPartOf\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png\",\"datePublished\":\"2020-01-07T09:07:27+00:00\",\"dateModified\":\"2020-01-07T09:07:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage\",\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png\",\"contentUrl\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png\",\"width\":188,\"height\":183},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theofficialboard.com\/best-articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The rise of the outsider CEO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#website\",\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/\",\"name\":\"The Official Board\u2019s Reads\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#organization\"},\"alternateName\":\"Organizational Trends\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theofficialboard.com\/best-articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#organization\",\"name\":\"The Official Board's Reads\",\"alternateName\":\"Organizational Trends\",\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2024\/05\/Logo-The-Official-Board-16-Nov-2023-for-BlueSnap.png\",\"contentUrl\":\"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2024\/05\/Logo-The-Official-Board-16-Nov-2023-for-BlueSnap.png\",\"width\":287,\"height\":277,\"caption\":\"The Official Board's Reads\"},\"image\":{\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/boardalert\",\"https:\/\/www.linkedin.com\/company\/theofficialboard\/mycompany\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/person\/b2b3f21e5546a526d8243622f669c1b9\",\"name\":\"The latest trends on company organizations\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g\",\"caption\":\"The latest trends on company organizations\"},\"description\":\"Discover the latest organizational trends. We carefully select the top 3 articles each month, summarize them, and showcase them here. Please share with us at contact@theofficialboard.com.\",\"sameAs\":[\"https:\/\/www.theofficialboard.com\/\"],\"url\":\"https:\/\/www.theofficialboard.com\/best-articles\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The rise of the outsider CEO - The Official Board\u2019s Reads","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/","og_locale":"en_US","og_type":"article","og_title":"The rise of the outsider CEO - The Official Board\u2019s Reads","og_description":"Viewed in The Wall Street Journal There are many things about business and recruiting that do not change year to year. But Wall Street Journal business columnist John D. Stoll writes in this column about one clearly demonstrable and important change: More and more companies are turning to the world outside of their respective companies... More","og_url":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/","og_site_name":"The Official Board\u2019s Reads","article_publisher":"https:\/\/x.com\/boardalert","article_published_time":"2020-01-07T09:07:27+00:00","article_modified_time":"2020-01-07T09:07:28+00:00","og_image":[{"width":188,"height":183,"url":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png","type":"image\/png"}],"author":"The latest trends on company organizations","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The latest trends on company organizations","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#article","isPartOf":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/"},"author":{"name":"The latest trends on company organizations","@id":"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/person\/b2b3f21e5546a526d8243622f669c1b9"},"headline":"The rise of the outsider CEO","datePublished":"2020-01-07T09:07:27+00:00","dateModified":"2020-01-07T09:07:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/"},"wordCount":240,"publisher":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/#organization"},"image":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png","keywords":["CEO","Recruiting","WSJ"],"articleSection":["2019 12"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/","url":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/","name":"The rise of the outsider CEO - The Official Board\u2019s Reads","isPartOf":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage"},"image":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png","datePublished":"2020-01-07T09:07:27+00:00","dateModified":"2020-01-07T09:07:28+00:00","breadcrumb":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#primaryimage","url":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png","contentUrl":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2019\/02\/Best-Reads-December.png","width":188,"height":183},{"@type":"BreadcrumbList","@id":"https:\/\/www.theofficialboard.com\/best-articles\/2019\/2019-12\/the-rise-of-the-outsider-ceo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theofficialboard.com\/best-articles\/"},{"@type":"ListItem","position":2,"name":"The rise of the outsider CEO"}]},{"@type":"WebSite","@id":"https:\/\/www.theofficialboard.com\/best-articles\/#website","url":"https:\/\/www.theofficialboard.com\/best-articles\/","name":"The Official Board\u2019s Reads","description":"","publisher":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/#organization"},"alternateName":"Organizational Trends","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theofficialboard.com\/best-articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.theofficialboard.com\/best-articles\/#organization","name":"The Official Board's Reads","alternateName":"Organizational Trends","url":"https:\/\/www.theofficialboard.com\/best-articles\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/logo\/image\/","url":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2024\/05\/Logo-The-Official-Board-16-Nov-2023-for-BlueSnap.png","contentUrl":"https:\/\/www.theofficialboard.com\/best-articles\/wp-content\/uploads\/2024\/05\/Logo-The-Official-Board-16-Nov-2023-for-BlueSnap.png","width":287,"height":277,"caption":"The Official Board's Reads"},"image":{"@id":"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/boardalert","https:\/\/www.linkedin.com\/company\/theofficialboard\/mycompany\/"]},{"@type":"Person","@id":"https:\/\/www.theofficialboard.com\/best-articles\/#\/schema\/person\/b2b3f21e5546a526d8243622f669c1b9","name":"The latest trends on company organizations","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47a9697a5ba5428fd05698c77bcbcb126a0f5be6dcc49a40575a2c9b8c59149f?s=96&d=mm&r=g","caption":"The latest trends on company organizations"},"description":"Discover the latest organizational trends. We carefully select the top 3 articles each month, summarize them, and showcase them here. Please share with us at contact@theofficialboard.com.","sameAs":["https:\/\/www.theofficialboard.com\/"],"url":"https:\/\/www.theofficialboard.com\/best-articles\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/posts\/1729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/comments?post=1729"}],"version-history":[{"count":2,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/posts\/1729\/revisions"}],"predecessor-version":[{"id":1731,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/posts\/1729\/revisions\/1731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/media\/1554"}],"wp:attachment":[{"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/media?parent=1729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/categories?post=1729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theofficialboard.com\/best-articles\/wp-json\/wp\/v2\/tags?post=1729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}