Research news

August 5, 2018

Red cards for CEOs with bad behavior

More and more chief executives are being pilloried for improper conduct.

Of 147 chief executives who left Russell 3000 companies so far this year, eight have been ousted with a specific reference to misconduct, compared with one of 244 in all of 2017.

  • Texas Instruments Inc. CEO Brian Crutcher resigned in July due to “violations of the company’s code of conduct.”
  • Barnes & Noble Inc. CEO Demos Parneros was terminated in July due to “violations of the company’s policies.”
  • Rambus Inc. CEO Ron Black was terminated in June because his “conduct fell short of the company’s standards.”
  • Intel Corp. CEO Brian Krzanich resigned in June due to a “violation of Intel’s non-fraternization policy” and after a “past consensual relationship with an Intel employee.”
  • Avid Technology Inc. CEO Louis Hernandez was terminated in February due to “violations of company policies related to workplace conduct.”
  • Wynn Resorts Ltd. CEO Steve Wynn resigned in February because he found himself “the focus of an avalanche of negative publicity.”
  • Lululemon Athletica Inc. CEO Laurent Potdevin left in February because “Lululemon expects all employees to exemplify the highest levels of integrity and respect for one another, and Mr. Potdevin fell short of these standards of conduct.”
  • Equinix Inc. CEO Steve Smith resigned in January due to “poor judgment with respect to an employee matter.”

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August 2, 2018

Pressure on CEOs stays high for ninth month in row

  • Goldman Sachs CEO Lloyd Blankfein retires
  • Northrop Grumman CEO Wes Bush steps down
  • Dunkin’ Brands Group CEO Nigel Travis retires

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July 2, 2018

Pressure on CEOs stays high for eighth month in a row

  • Verizon CEO Lowell McAdam resigns
  • Ameris CEO Ed Hortman hands over the reins
  • Athenahealth CEO Jonathan Bush steps down

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June 1, 2018

One in two CEOs steps down under pressure

  • J.C. Penney CEO Marvin Ellison leaves for Lowe’s
  • Heartland CEO Butch Fuller hands over the reins
  • Campbell CEO Denise Morrison retires

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May 1, 2018

Pressure on CEOs stays high for sixth month in a row

  • Lennar CEO Stuart Miller leaves post
  • Commerce Bancshares CEO David Kemper resigns
  • Mattel CEO Margo Georgiadis leaves for Ancestry

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April 2, 2018

Pressure on CEOs stays high for fifth month in a row

  • Dover CEO Bob Livingston retires
  • 3M CEO Inge Thulin leaves post
  • Lattice CEO Darin Billerbeck steps down

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March 1, 2018

Pressure on CEOs jumps to 12-month high

  • Altria CEO Marty Barrington retires
  • Tupperware CEO Rick Goings leaves post
  • Dun & Bradstreet CEO Bob Carrigan steps down

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February 1, 2018

37% of CEOs step down under pressure

  • Domino’s Pizza CEO Patrick Doyle leaves
  • Texas Instruments CEO Rich Templeton steps down
  • Gentex CEO Fred Bauer retires

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December 15, 2017

The bumpiest CEO changes in 2017

Blue Apron Holdings, Inc., Ford Motor Company and Equifax Inc. are among the companies that have announced the bumpiest leadership changes in 2017.

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December 1, 2017

Every third CEO steps down under pressure

  • HPE CEO Meg Whitman leaves
  • Lear chief executive Matt Simoncini retires
  • Madison Square Garden boss Doc O’Connor resigns

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