Is it any wonder that the financial services industry saw the highest rate of forced succession last year.
The financial services industry saw the highest rate of forced succession in the C-suite. From a CEO perspective that can hardly be surprising, according to a report in The Wall Street Journal, given lower pay packages, increased ownership by the government, and both scrutiny and scorn.
In 2008, the financial services industry saw the highest rate of forced succession of any industry with 18 percent of CEOs pushed out, according to the WSJ.
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