succession planning

Associated Press: The Changing Role at the Top

Original Article:

"In fact, in the first four months of the year, 11 CEOS were forced out or fired, says a survey of private and public U.S. companies by Challenger, Gray and Christmas. That's up from 9 CEO terminations in the same period last year. And that doesn't count those who said they resigned, retired or stepped down, but who were actually pushed out.

WATCH #BadBosses: Judith Devries Discusses Bullies in Leadership at Oakland University

Several studies have shown that leadership, more than money, is a top motivator for workers and fosters employee engagement and morale. On the heels of Donald Sterling’s infamous racist rant, which subsequently cost him his NBA team and caused teammates to protest, as well as Challenger’s most recent CEO turnover report which identified 6 leaders who could be put in the category of bad bosses, companies have turned their attention to bad leadership and how to combat it.

2013 August CEO Report: 113 CEO Changes in August, Includes Microsoft, Groupon

Turnover among the nation’s chief executive officers remained elevated in August as 113 planned CEO departures were reported, including notable retirement announcements from Steve Ballmer at Microsoft and John Surma at U.S. Steel Corp.

Challenger has now tracked 842 CEO changes so far this year, 5.8 percent more than the 796 recorded in the first eight months of 2012.

Download the full report.

2013 July CEO Report: Turnover Surges to 128

Turnover among the nation’s chief executive officers surged to the highest level in more than three years last month as 128 announced their departures. The July total was up 36 percent from the 94 CEO exits recorded in June, according to the latest report on CEO turnover released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

July departures increased 54.2 percent from a year ago, when 83 CEO changes were recorded. It was the highest monthly total since February 2010, when 132 CEOs left their posts.

Download the full report.