Why and How CEOs Have Exited 

CEO transitions represent pivotal moments for companies, capable of ushering in periods of renewal or instability depending on the efficacy of their management. These leadership changes are occurring with increasing frequency, driven by a complex interplay of external pressures, evolving investor expectations, leadership fatigue, and the rapid emergence of new technologies, such as generative artificial intelligence. For directors, navigating these shifts demands thoughtful consideration of why a transition is occurring and, crucially, defining the appropriate role for the outgoing CEO to ensure continuity and protect shareholder value.

This article explores the reasons behind the rise in CEO turnovers and delves into the various capacities an exiting CEO might assume—from executive chair to special advisor or planned retirement. Discover how strategic foresight in CEO succession can transform a potential challenge into a powerful opportunity for sustained growth and stability.