A Record Number of CEOs Stepped Down Last Year. Here’s Why — and How the Rules of Leadership Are Shifting.

Opinions expressed by Entrepreneur contributors are their own.

In 2024, U.S. companies witnessed an unprecedented wave of CEO departures, with 327 executives exiting by November — a level of turnover unseen since 2010. This wave of CEO departures reflects a bigger shift in corporate leadership, as boards and investors are no longer content with big ideas alone; they want leaders who can turn strategy into action.

Consider Intel’s former CEO, Pat Gelsinger. Despite ambitious plans to revitalize the company’s chip manufacturing dominance, Gelsinger’s strategies were deemed too costly and slow, leading to his resignation in late 2024. Such high-profile exits highlight a growing intolerance for leaders who cannot translate

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