U.S. public companies announced 327 chief executive changes this year through November, according to outplacement firm Challenger, Gray & Christmas. That’s more than in any other year since at least 2010, when the firm first started tracking the turnover. It’s also an 8.6% increase from last year. Turnover included CEOs at U.S. companies that have long dominated their industries — like Boeing, Nike and Starbucks.
Calhoun himself was appointed in the last days of 2019 to succeed ex-CEO Dennis Muilenburg, who was ousted for his handling of the aftermath of two fatal crashes of Boeing’s 737 Max in 2018 and 2019. Calhoun was succeeded in August by Kelly Ortberg, a three-decade aerospace veteran and former Rockwell Collins CEO, whom Boeing plucked out of retirement in Florida to steady the company.
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