CEO turnover reaches record levels in 2024 as 'increasing complexity' drives execs to the exits

The end of the holiday weekend added two fresh examples of a historic shift on Wall Street: More CEOs than ever are heading for the exits. Over the past 24 hours, the leaders of chipmaker Intel (INTC) and auto giant Stellantis (STLA) have both announced their departures, bolstering the CEO turnover tally.

The leadership changes highlight the idiosyncrasies and challenges of each company — from a struggling auto lineup to a too-late computer chip turnaround. But they also reflect a broader trend across corporate America. READ MORE