ER Editor: We assume these stepdowns are largely, but not exclusively, a function of Trump’s Executive Order 13818, against corruption globally and crimes against humanity. A reminder that this went into effect in December 2017, and keeps getting renewed every December. It is up for renewal shortly. See also this on EO 13818.
We haven’t paid the $147.00 ourselves to access their report below, nor are we advising readers to do the same. The spirit of the article, we feel, suffices.
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Every Major CEO Stepping Down: 2020-2024
HENRY O’LOUGHLIN for BUILD REMOTE
CEOs are stepping down at record-high rates. According to a report from Challenger, Gray & Christmas, Inc….
“In 2023, 1,914 CEOs left their posts, a 55% increase from the 1,235 CEO changes in 2022. Last year’s total is the highest on record, surpassing the previous record of 1,640 CEO exits in 2019.”
In this report, you’ll find every notable CEO stepping down since 2020. We looked at all Fortune 100 companies plus every other CEO exit at companies with 1,000+ employees.
174 Major CEOs Have Stepped Down Since 2020
Here are a few notable CEOs who stepped down in 2024. The full list can be accessed here.
Since 2020, 46 of the Fortune 100 have had a CEO step down.
Company |
CEO |
Date |
|
Boeing |
Dave Calhoun |
12/31/24 |
|
Subway |
John Chidsey |
12/31/24 |
“Subway announced Tuesday that its CEO, John Chidsey, will retire at the end of 2024. Executive Carrie Walsh will replace him as interim CEO.” |
Intel |
Pat Gelsinger |
12/2/24 |
“Gelsinger, who joined Intel in 1979, was “forced out” after the board lost confidence in his plan to revive the struggling chipmaker.” |
CVS Health Corp |
Karen Lynch
|
10/18/24
|
|
Nike |
John Donahoe |
10/13/24 |
|
Starbucks |
Michael Conway |
9/16/24 |
|
Chipotle |
Brian Niccol |
8/31/24 |
|
Nestlé |
Mark Schneider |
8/31/24 |
|
Amazon Web Services |
Adam Selipsky |
6/3/24 |
|
Discover Financial |
Michael Rhodes |
4/1/24 |
|
American Tower |
Tom Bartlett |
2/1/24 |
|
Morgan Stanley |
James Gorman |
1/17/24 |
|
JetBlue |
Robin Hayes |
01/08/2024 |
|
Costco |
Craig Jelinek |
1/1/24 |
|
What does it mean if a CEO steps down?
Just so we’re all on the same page, here is how we define a CEO stepping down – the leader of a company gives up his or her position for any number of reasons like retirement, resignation, contract ending, switching to a new role, etc.
Source
Featured image source: https://fabrikbrands.com/branding-matters/branding/famous-brand-and-corporate-logo-design/
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Published to The Liberty Beacon from EuropeReloaded.com
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They know the WEF plans to replace humans, carbon, with AI, silicone. There will be NO jobs as AGI will replace jobs once handled by human beings. They are taking their money and running. This should be a warning to all. Start to research Optimus robots, openAI, and https://www.1x.tech/ . We are being made into useless eaters FAST.