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What Matters When Hiring External CEOs

The Horizons Tracker

Hiring a CEO from outside is a common practice, with around a third of new hires coming from outside the hiring firm. The researchers analyzed 1,275 CEO appointments between 2001 and 2014, and found that neither the length nor breadth of the new CEOs’ experience had any bearing on the performance in their new firm.

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Does Having A Black CEO Help Firm Performance?

The Horizons Tracker

The researchers examined the performance of around 5,000 CEOs who had been appointed between 2001 and 2020. They found that when a Black CEO was appointed, the average share price rose such that the median firm was able to see a boost of nearly $50 million in market capitalization. first appeared on The Horizons Tracker.

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Under-Whelming Advice from a former CEO of Southwest Airlines

Leadership Freak

He was the CEO of Southwest Airlines during the terrorist attack on September 11, 2001. I’m still grappling with Jim Parker’s advice. Jim said, “I don’t think I smiled for two years.” When… Continue reading →

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Will Aetna CEO Transform Healthcare (and CEO Leadership While He’s at it)?

Michael Lee Stallard

At the 2015 World Business Forum in New York City, Aetna CEO Mark Bertolini laid out the most important vision at the conference: a vision to save healthcare. Bertolini’s dedication to the cause of reforming healthcare and actions as CEO make him a clear example of a servant leader. Mark Bertolini is a CEO to watch.

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Hot Seat: Jeff Immelt at GE

Leading Blog

I N SEPTEMBER 2001, Jack Welch was a tough act to follow. The day after Jeffrey Immelt became CEO of General Electric, he had an even bigger challenge to deal with—the 9/11 terrorist attacks. In his twenty years as CEO, GE’s value had risen 4,000 percent. Jack Welch led GE to some impressive numbers.

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How Language Can Help CEO Successions Succeed

The Horizons Tracker

CEOs are perhaps never more vulnerable than when they first enter the role. The first of these is when the stock market reacts badly to the appointment, while the second is if the previous CEO remains at the company as the chair of the board. No silver bullet. ” Social influence. . ” Social influence. .

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Global Trade Has Widened The Pay Gap Within Firms

The Horizons Tracker

The paper found that the difference in pay between the CEO and the average worker was some 50% higher for firms that exported globally compared to firms that only sold domestically. To explore this matter, the researchers looked specifically at China’s ascension to the World Trade Organisation in 2001. Size matters.