^ So they have been preparing for the perfect moment to exit for years?
I read an article in my local language which is about one world government,one currency and connecting dots from many incidents happening from past years.
no.. each year ~1169 resign every year. .. emphasis every year
.. this latest year ~1600 resigned.
thats only 400 extra.
there are millions of businesses so only 400 CEO running off is not a panic. but instead just smart business for people that lost faith and cant be bothered with the stress of handling things in troubling times.
there are many many CEO's that just want the easy office job of telling others what to do and let others do the work. and when it becomes stressful an the CEO's actually have to be responsible for something. they cant cope and decide to let someone else do the work
many CEO's are chairmen and directors of multiple businesses at once. so they change positions often anyway.
in short. changing of CEO's is not something new
its not like previous years only had 10 resignations and this year theres 100,000. . instead its usually 1169 and this year 1600
.. what should be looked at is the type of business
for instance leisure/catering industry that relies on customer facing/serving. where they cannot alter their business plan. have more risk. where as manufacturers can change what they make. for instance car industries are now making hospital ventilators and being awarded huge government grants.
however companies that mainly serve the tourist/vacation industry will get hit most