CEOs on the block. (CEO turnover) (The CEO in Transition) From: Chief Executive (U.S.) | Date: April 1, 1993| Author: Donlon, J.P. | COPYRIGHT 1993 Chief Executive Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The high rate of CEO turnover attests to the changes sweeping over the business sector. The premature departures of the chief executives of leading corporations, including IBM, General Motors Corp, Westinghouse, British Petroleum and Matsushita, seem to indicate that industry has plunged into 'creative destruction,' a term that refers to capitalism's bloody but essential process of self-renewal. Former Bell & Howell CEO Donald N. Frey attributes the CEOs' increasingly precarious hold on their...

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