David Livingston

CEOs Shuffle In and Out at Retail

January 17, 2012

FROM RETAILWIRE:
According to a study from recruiting firm Russell Reynolds Associates, retailers are seeing a notably higher turnover rate at the CEO level than firms in other sectors and also face a limited crop of replacement candidates. What is driving the apparent higher turnover rates in retail relative to other industries?      [more...]

I think we live in a new normal. Expect economic indicators like the stock market, interest rates, unemployment, price of gold, etc, to take huge swings. Also expect CEO turnover to go through periods of ups and downs. As retailers try to figure out ways to beat Walmart, Target, Amazon and such, they will throw mud at the wall to see what sticks. Some of that mud will be new CEOs.