22 January 2016
CEOs are staying dangerously long at the top, says Anthony Hilton
There is a myth that the average tenure of a chief executive in the FTSE 100 is now about four years. Like most myths it is wrong, or rather, although it contains some truth, it is utterly misleading.
MWM Consulting’s annual commentary on recruitment and boardroom trends pointed out that the four-year figure is arrived at by giving equal weight to both successful and unsuccessful CEOs. It argues that it is far more meaningful to record how long a CEO has been in office before they finally...