India Inc. Reports Fewer CEO Departures, Signalling Better Leadership Stability

A recent report by EMA Partners India showed a significant decrease in Chief Executive Officer (CEO) exits among the Bombay Stock Exchange (BSE) 200 companies over the last five fiscal years.

According to EMA Partners India’s ‘CEO Shelf-Life Study 2020-2024’, CEO departures in India Inc. decreased by 18.75% from FY15-19 to FY20-24. This decline is due to Boards focussing on long-term growth and leadership continuity. The industrial and manufacturing sectors led with a 46.15% decline in exits. The period also saw an increase in female CEOs, indicating greater diversity at the top, reports the Economic Times. While stability leads to higher shareholder returns, the study found that long-term CEOs can provide succession issues after a decade in leadership.