Helming an organization is never an easy task — let alone on the heels of a pandemic and swirling economic uncertainty.
Research published earlier this year by the Washington Business Journal found that the number of CEOs who made exits in 2021-2022 doubled from the departures in 2020-2021 at the region’s top 100 public companies. And by the halfway mark of this year, the total number of departures almost equaled the number of exits for all of 2022.
Executive departures are not just an inside the Beltway problem — globally, 2022 saw the highest CEO turnover rate in five years, according to research by New York executive search and management consulting firm Russell Reynolds Associates.
Concerned by the mounting challenges facing the region’s leaders, the Washington Business Journal set out over a year a go to bring together newly minted CEOs from around Greater Washington through its Power Moves program. The quarterly dinner series fosters camaraderie and support between leaders…
Read the full story from the Washington Business Journal.
