CEO Outage

According to a study by EMA Partner International India saw a churn of 66% of CEO's in the last five year. Whopping Indeed! Indian companies saw 57% and their MNC counterparts saw a attrition of 86%. The expectations from CEO's is also increasing, they are expected to deliver results in shorter period of time. They are also expecting better remuneration. IT / ITES saw the highest turnover at 88%, humongous, followed by banking at 70%, Pharma ( 67%) and FMCG ( 61 %) , the reason for churn cited being Resignation( 41%) ,retirement ( 24%).