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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