A report released by a job-placement company in the US has noted that a record number of American CEOs left their jobs in 2018 for various reasons, including sexual misconduct and economy-related concerns.
According to CNN, 425 company executives vacated their jobs in the last quarter of 2018. This is up from 294 in the same period last year.
In South Africa, bosses also exit their offices on a regular basis. Last year, many were removed after allegations of corruption and inappropriate behaviour, among other things.
The following are four CEOs whose departure from their jobs made news headlines in 2018.
When the former CEO of the SA Institution of Civil Engineering (SAICE) resigned in September, he did so with immediate effect.
This after comments he made in a column he scripted for an engineering publication.
Pillay wrote that when “most women” reached a certain age, they preferred to work fewer hours “or dedicate themselves completely to child bearing”.