The average tenure of CEOs in Australia has fallen dramatically in recent years, with a lasting impact on share prices from CEO exits for non-financial reasons
It looks as though Australian boards of directors need to redouble their efforts to understand the culture, governance and environmental issues bubbling away inside their companies.
That is one conclusion to be drawn from a study of 300 chief executive departures from listed companies over the past 10 years by global management consulting firm Kearney.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
