Top Reason For CEO Departures Among Largest Companies Is Now Misconduct, Study Finds
Nearly 40% of the 89 CEOs who departed in 2018 left for reasons related to unethical behavior brought on from allegations of sexual misconduct or other types of ethical lapses
by Bobby Allyn
May 20, 2019
2 minutes
Heads are rolling in the corner office.
For decades, the main reason chief executives were ousted from their jobs was the firm's financial performance. In 2018, that all changed. Misconduct and ethical lapses occurring in the #MeToo era are now the biggest driver behind a chief executive falling from the top.
That's according to a from the consulting division of PwC, one the nation's
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