The article in the url below highlights the increasing replacement rate of CEOs throughout the S&P 1500, over the past year. For me, three quotes stood out -- first, the rate of change:
"About one CEO in nine was replaced last year across 1,500 of the biggest publicly traded companies, a new analysis finds. That is the highest rate since at least 2010, when the U.S. was emerging from the financial crisis."
Second, given the emerging challenges, the idea that younger and less experienced (i.e., less constrained by history/convention) CEOs will be better positioned to tackle them:
"Meanwhile, incoming chiefs are younger and less experienced than previous crops of new leaders, Spencer Stuart found. Incoming CEOs averaged 54 years old, compared with nearly 56 for last year's appointees. More than 80% of last year's 168 incoming CEOs were first-timers, with no prior experience running public companies or other major stand-alone enterprises. Two thirds of them have never served on a corporate board before."
And third, the degree of discrimination that remains:
"New female CEOs grew scarcer last year. Just 9% of new appointments went to women, down from 15% a year earlier. Overall, about 9% of CEOs in the S&P 1500 are women, including 46 in the S&P 500."
Take care
David
David Chandler
Strategic Corporate Social Responsibility: Sustainable Value Creation (6e)
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Turnover In CEOs Is Most In Over A Decade
By Theo Francis
February 17, 2026
The Wall Street Journal
Late Edition – Final
A1, A5
https://www.wsj.com/business/c-suite/new-ceo-replacements-age-young-5c503b88
