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> Suddenly everyone is going to assume something is really wrong with the company. This can work both ways. New management can be a really big boost.
by indymike 4y ago
> Suddenly everyone is going to assume something is really wrong with the company.
This can work both ways. New management can be a really big boost.
- refurb 4y agoIt can, but my point is rather around "CEO changes should be carefully thoughtout". In otherwords, sometimes it's better to keep the existing CEO even if the performance isn't spectacular because turfing them out makes the market think things are worse than the company is letting on. So if you do replace a CEO, it's usually accompanied by a deliberate change in strategy and very carefully planned out.