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Temin and Co.

Thought Leadership

When the CEO Has To Go

Davia Temin, Directors & Boards, Fourth Quarter 2018

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With the explosion of the #MeToo Movement, CEOs – like other executives – are being accused of sexual harassment or inappropriate behavior more than ever before. And after an investigation, if found guilty, more are being shown the door.

Our Temin "#MeToo Index," which has cataloged all of the serious allegations since December, 2015 (when Bill Cosby was first arrested), has logged accusations against 32 public company CEOs or presidents, and 18 nonprofit CEOs or presidents to date. Approximately 89% of those accused have either resigned or retired, or were fired or suspended. Approximately 30% were fired outright.

But one of the most challenging tasks for any board is firing its CEO. [...read more]

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