Chief executive departures from companies in leading equities indices rose sharply last year, led by high turnover at UK-listed companies where exits from the top more than doubled.
According to research by Russell Reynolds Associates, 175 chief executives stepped down across the world’s top public companies in 2022, up from 133 the previous year and a five-year high.
London-listed companies accounted for one in five departures, the research found, with 38 FTSE 350 chief executives stepping down in 2022, more than double the 18 exits of the previous year.
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