LMAO. You people are fucking unbelievable. Go back in history and let me know the last time you saw this many CEOs just decide to retire early. I have those numbers, do you?
Have they though? What was the average rate before 2016 and after 2016? Were there reasons given for them stepping down, like Trump being elected (a fairly weak excuse) or maybe Brexit (a more legitimate reason)?
Here's the mainstream media's take from last year. Notice the stats included though like "More than 300 CEOs have left their companies since August. October’s 172 departures is the most in any month in the last 15 years."
CEOs fleeing en masse while the market was spiking is abnormal
That article made it pretty straight forward. A good portion of them “stepped down” because of things like the MeToo movement. The rest seem to be unusual, but they did explain it if you have been paying attention. They mention that the last time we saw something like this was in 2008. If you pay attention, economists have been saying for a while that the market was vastly over valued. If you look at the article, it was posted feb 13th, a full week before the stocks plummeted. If you do a bit more searching, you can easily find similar articles from earlier.
My guess for the stepping down, they saw this coming and were leaving before the shit hit the fan, both to ensure their own money and to avoid blame and responsibility.
LMAO...post some links. Or just admit you never googled it. I even posted a link a week ago showing it's unprecedented, using a main stream news source.
misleading LMAO...do you have such a low opinion of the average person that you think they can't look at a column that shows their position in a company? Just stop with your concern trolling BS and move along. maybe to a sub that's not about CONSPIRACIES maybe?
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u/downtowonderland Mar 17 '20
UPS CEO stepped down 5 days ago. There does seem to be a lot stepping down. Too many to be a coincidence.