Retail CEO turnover soars, and fewer women hold top jobs in the industry
Publishing timestamp: 2024-01-25 16:41:38
Summary
The article discusses the increase in CEO turnover in the retail industry, with 2023 seeing the second-highest number of CEO departures since tracking began in 2002. It highlights the lack of women being named as new CEOs in retail and the challenges and biases faced by women in CEO positions. The article also mentions the phenomenon of the "glass cliff," where women and minorities are often elevated to higher positions in difficult circumstances, increasing the likelihood of faster failure.
Sentiment: MIXED
Keywords: business news, personnel, retail industry, breaking news: business, levi strauss & co, ceo, social issues, business, macy's inc,
Source: https://www.cnbc.com/2024/01/25/retail-ceo-turnover-soars-fewer-women-hold-ceo-jobs.html