Record number of CEOs fired for ethical lapses

A record 18% of CEOs were replaced in 2018, with more top execs forced out for ethical lapses than were fired for poor performance or disagreements with their boards, according to a PwC study released on 15-May-2019. About 39% of the top execs dismissed had been accused of ethical lapses, according to the PwC study of turnover among the top 2,500 global public companies – the first time ethical lapses led the causes of CEO turnover in the study’s 19-year history. To find out more, go to
https://www.bloomberg.com/news/articles/2019-05-15/ceos-fired-for-ethical-lapses-hit-new-high-as-complaints-soared

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