Are the days of a CEO numbered? It’s now estimated that the average period in office for FTSE 100 chief executives has fallen over the past 12 months to 4.6 years, according to on-line financial broadcaster Cantos. It’s a worrying statistic when you look at stalwarts like Sir Martin Sorrell of WPP, who has been in office since 1986.
This is the first time that the survey has ever shown a drop in average tenure for UK CEOs.
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