Graphing the Resignations from World Banks
Thanks to Kauila for these graphs and to Gene for sending them along.
Interesting Graphs related to the “254 Resignations From World Banks, et al.”
by kauilapele, Kauilapele’s Blog, March 11, 2012
Okay, from the American Kabuki home page, they pointed to this Japanese website, with all these great graphs. I’m just posting the graphs. And apparently they were only up to 236 resignations when they made these.
by MONTH
by COUNTRY
by BANK
How are MSM Apologists Representing the Widespread Resignations?
Well, we knew that the mainstream media would need to respond in some way at some time to the “mass” resignations of bankers and financiers. If you were wondering how it would be explained, here is an imaginative article on the subject: making way for new blood, cashing in on all those stock options, etc. Very imaginative. Thanks to Dave.
What CEO Musical Chairs Means to the Job Market
The Fiscal Times, February 23, 2012
After three years of relative stability in the corner offices of corporate America, 2012 is shaping up as a year of CEO musical chairs. That’s because a wave of executives are looking to step down, cash in their stock options as stocks rise and avoid new government regulations that many see as too challenging and stressful.
Yet, all of this managerial turbulence could shape up to be a blessing in disguise for job seekers and mid-and-lower level workers, corporate governance experts say. Executive changes often spur a domino effect of jobs opening up at multiple levels of the company after many CEO’s decide to bring in new players, said Mark Madden, Senior VP of Executive Search with B.E. Smith, one of the nation’s largest health care C-suite recruiters.
In particular, the revolving door is spinning faster among health care and financial services executives, who are jumping ship, retiring, or being forced out at a quicker clip than their counterparts in other industries. Last month, 25 health care CEOs and 13 financial services CEOs departed, making those sectors the two biggest culprits of the rising turnover tide.
A growing push from the federal government to police the financial services industry and clamp down on executive compensation is prompting the exodus of CEOs in the financial services industry, said Don Hambrick, a professor at Penn State’s Smeal School of Business who consults for financial services firms. This includes Dodd-Frank, the new Consumer Financial Protection Bureau. In the aftermath of the financial crisis, many financial chief executives r