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fromLondon Business News | Londonlovesbusiness.com
1 month ago

Which CEOs actually make or break company stock prices? - London Business News | Londonlovesbusiness.com

The analysis examined stock performance six months before and after CEO appointments, adjusted against S&P 500 performance during the same period. Jim Farley, who took over as Ford's CEO on October 1, 2020, saw the company's average stock price jump from $6.41 to $10.22 in the six months after his appointment. This 59.6% increase came during a period when the S&P 500 fell by 18%, resulting in a market-adjusted performance of 77%.
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fromFortune
4 months ago

Sorry Gen X: Boomers are making millennials their successors for CEO jobs instead because they're down with AI

Gen X professionals are being bypassed for CEO roles in favor of millennials due to AI adaptation and skills.
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