By John S. McClenahen Ten years after term limits were imposed on some politicians, the issue is being raised again -- for CEOs. And despite CEO misdeeds, actual and perceived, term limits on their tenures are not popular with executives and employees ...
ByJohn S. McClenahen Ten years after term limits were imposed on some politicians, the issue is being raised again -- for CEOs. And despite CEO misdeeds, actual and perceived, term limits on their tenures are not popular with executives and employees in public companies. Some 58% of 172 people polled last week by Clark Consulting, North Barrington, Ill., say CEOs of large public companies should not be subject to term limits. The remaining 42% believe CEOs should be term-limited.