Nearly one half of Global 2000 companies have no women executive committee members
By James C. Hyatt
Corporate suite turnover continues at a “torrid pace” amid turmoil in financial markets and the risk of worldwide recession, a new study finds.
IMD International Search & Consulting’s report, "The Changing Face at the Top," looked at the changing demographics of the "C-Suite" (the Chairman/CEO and executive management team) of the Global 2000 and other influential companies throughout the world.
Increases in senior management turnover in the 2008 first quarter measured 55 percent for CEOs, 11 percent for CFOs and 10 percent for other C-level management, the report said.
“This is on the heels of record setting C-level turnover in 2006, which recorded an increase of 68 percent in turnover over 2005, while 2007 figures maintained this blistering pace.
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