A fifth of FTSE 100 firms changed CEO during pandemic
Twenty per cent of FTSE 100 CEOs left their roles during the pandemic. (Getty Images)
A fifth of FTSE 100 bosses have left their roles over the past year as the pandemic ravaged corporates and triggered an overhaul of boardrooms.
The outbreak of coronavirus saw a number of FTSE 100 tap shareholders for emergency funding as lockdown restrictions affected cashflow.
As a result of this, there were 20 chief executive changes last year, up 33 per cent from the previous year, according to research by New Street Consulting Group. Among them were Trainline and Fortnum & Mason bosses whose respective industries have felt the pain of the pandemic.