The succession drama follows reported turmoil among controlling family members The Estée Lauder Companies appointed a new chief executive officer last month amid trouble with sales and an announcement that the company would cut its quarterly dividend by almost half. The shake-up followed signs of disagreement over succession strategy among the Lauder family members on… Continue reading CEO Shake-up at Estée Lauder Offers Lessons for Directors on Controlled Boards
Tag: CEO Succession
Hanging Around: More 65+ CEOs Stay On the Job
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co. could be placed under new leadership as their current chief executives eye their exits. Overall, more than one in 10 CEOs at S&P 500 firms have already hit the traditional retirement age. And another nearly 15% could reach age 65… Continue reading Hanging Around: More 65+ CEOs Stay On the Job