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27 October, 22:32

Why did hundreds of ceos resign just before world started going crazy?

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  1. 27 October, 23:14
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    They resigned because there was a historic serious crash in the stock market and also there was the most serious public health crisis of all time around the world. This lead to the mass resigning of corporate CEO's as never seen before. It was also gather that Corporate insiders sold shares worth billions of dollars in their own company. Before the stock market crashed there was a record that more than 1300 CEO vacated their post between January and the end of mid October during the heat of a major financial crisis.

    Some of the CEO's have earned outrageous salaries over the years, so they prefer to take the money and run rather than stay and see to steering their corporations through the time of global financial crisis.

    Some of those CEO's also saw that the corona virus was potentially going to become a global pandemic so they choose to leave their organizations, about 219 CEO's resigned in January 2020 alone.
  2. 28 October, 00:12
    0
    In light of latest trends in the news, reports actually shows that many CEOs of companies have resigned. A closer look as to the cause we discover it is economic challenges caused by the all new global pandemic which is now a global crises affecting top companies. This has lead to the resignation of CEOs.
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