Bottom Line: Investors appreciate hearing about a new CEO’s strategic vision, and they respond by bidding up the stock price. Traditionally, CEO strategy presentations are derided as little more than ...
Whenever there is a change of chief executive at a listed company speculation among journalists and analysts centers on what the new strategy will be. At a time when few CEOs leave their posts ...
Conventional wisdom says investors dislike uncertainty. A chief executive succession presents a time of enormous corporate uncertainty – and thus a time when investors may become especially skittish.
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