Why Is It So Hard To Find A Good Retail CEO?
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This was the year we learned that a good retail CEO is really hard to find. It’s easier when a retailer is executing on a successful strategy. The successful CEO puts together a succession plan, and when the time is right, he or she pulls the trigger. But when the retailer is struggling, and the CEO leaves to “pursue personal interests” or is otherwise ushered to the door, life gets a lot more complicated.