Somebody in the MSM finally noticed the CEOs were headed for the door.
Published: February 28, 2020 2:25 PM UTC
CEOs Quitting in Record Numbers Could Signal Total Stock Market Collapse
CEOs are departing in droves. Also, America’s corporate insiders dumped company shares at record levels. Bad news for the stock market.
https://www.ccn.com/ceos-quitting-in-record-numbers-could-signal-total-stock-market-collapse/
Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy?
http://endoftheamericandream.com/archives/why-did-hundreds-of-ceos-resign-just-before-the-world-started-going-absolutely-crazy
One financial publication is using the phrase “the great CEO exodus” to describe the phenomenon that we have been witnessing. It all started last year when chief executives started resigning in numbers unlike anything that we have ever seen before. The following was published by NBC News last November…
Chief executives are leaving in record numbers this year, with more than 1,332 stepping aside in the period from January through the end of October, according to new data released on Wednesday. While it’s not unusual to see CEOs fleeing in the middle of a recession, it is noteworthy to see such a rash of executive exits amid robust corporate earnings and record stock market highs.
Last month, 172 chief executives left their jobs, according to executive placement firm Challenger, Gray & Christmas. It’s the highest monthly number on record, and the year-to-date total outpaces even the wave of executive exits during the financial crisis.
By the end of the year, an all-time record high 1,480 CEOs had left their posts.