Six Media CEOs Announced Departures in April
According to Challenger, Gray & Christmas, an outplacement firm in Chicago, six media CEOs indicated they planned to leave their jobs last month.
John Challenger told FINS, “CEO turnover can often set off a series of management changes throughout an organization, particularly if the new CEO is an outsider.”
So, how does this affect an internal organization?
Two words: Expect change.
“Change is typically inevitable as a new leader brings in other trusted C-level executives who mesh well with his or her leadership style,” he added.
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