USA CEO sets a record for resignation.
According to Beijing Business Today, the prosperity of the US stock market has allowed CEOs of publicly listed companies in the USA to receive quite substantial salaries and bonuses this year, but the turmoil in management seems to be becoming increasingly frequent. So far this year, the number of CEO departures from US publicly listed companies has reached a historical high, with CEOs from well-known companies such as Boeing, Intel, Nike, and Starbucks leaving under poor performance. Some are also worried that the tariffs and trade war following Trump's inauguration will severely impact the supply chain, prompting them to choose to 'jump ship' early.
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Daiwa has lowered the Target Price for Nike to $75.
Gelonghui, December 25 | Daiwa: Downgrades Nike's Target Price from $79 to $75, maintaining a "neutral" rating. (Gelonghui)
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If the job is not done well, then leave! This year, the speed of CEO changes in USA companies has reached a historic high.
Retirement, resignations, poaching... The frequent turnover of CEOs in USA companies has made investors increasingly impatient with the poor performance despite the strong market environment.
Stifel lowers the Target Price for Nike to $75.
Gelonghui, December 24 | Stifel: Lowered Nike's Target Price from $79 to $75, maintaining a "Hold" rating. (Gelonghui)
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