Jun 09 Barron’s: Does a CEO Change Mean Your Stock Will Rise?

Published on: Jun 9, 2016

Original Article: http://www.barrons.com/articles/does-a-ceo-change-mean-your-stock-will-r…

“Through the end of April, CEO departures at all U.S. companies increased by 11.3% from a year ago, according to executive-placement firm Challenger, Gray & Christmas. And executive-search firm SpencerStuart notes that 18 new CEOs took the helm of Standard & Poor’s 500 companies during the first three months of 2016, up from 14 during the same period last year. Gilead Sciences (ticker: GILD), Celgene (CELG), McCormick (MKC), and Fastenal (FAST) are among the companies with new leaders.”