Topic: CEO resigns and Corona has any relations? (Read 134 times)

^ I am talking about the retirement before the corona spread, so they know there is going to be an economic crash in 2020 so the retired earlier to save their asset values and liquidated into safe forms.

For example take a look at Bezos, in Jan he sold 1.8 billion worth of his shares.

So we have to assume that he is good at predicting the future all the time?

Does a world pandemic and CEO's resigning have anything to do with one another? Well, only because theres an economic comportment to this that you did mention with the stock market crash.

With people all being forced to stay at home, a large deal of companies aren't going to grow and are going to lose money for this quarater and for next quarter. Some companies may go out of business, other companies are going to have to layoff employees, etc. Some CEO's who were making big money prior to this aren't going to be able to make that anymore -- they're just going to take their money bags and retire into the sunset.

Why in gods name would you want to sit around and be a CEO in this horrible time? Much better when everything you touch is making money, heh. I'd just call this a forced retirement and move on. Much easier that way.

When in 2019 the sell off of stocks started? AFAIK, the covid19 epidemia started on Wuhan since December 2019. If the sell offs happened earlier than that, I can't connect that it's related to the virus.

It's just a popular CEO move when he wants to get his life chunk out of the business.

the financial crisis was 2008 and thy knew the next financial storm would have been the pension market, due to the WW2 baby boomers.
however corona became a good oppertunity to shuffle money around and blame it on nature

anyway, separate story
google CEO is still google CEO
as for 'alphabet' well larry page has been jumping in and out of the head job on multiple occassions
its as if he prefers to get involved in the evolution stages of a company. and then in the stagnant business as usual stage he steps back to let someone else do the day to day.

larrys timing isnt coincidental to corona.
but just know if you think your worried now. wait 6 months. then see all the CEO jump ship

I mean they have been setting up for this for the past ten years!

I don't think its coincidence that most ceos like google and others resigned in the last years.

People who have been calling bitcoin as bubble for last ten years now know what is the real bubble which has exploded just recently.

#LONGLIVEBITCOIN

no.. each year ~1169 resign every year. .. emphasis every year
.. this latest year ~1600 resigned.

thats only 400 extra.
there are millions of businesses so only 400 CEO running off is not a panic. but instead just smart business for people that lost faith and cant be bothered with the stress of handling things in troubling times.

there are many many CEO's that just want the easy office job of telling others what to do and let others do the work. and when it becomes stressful an the CEO's actually have to be responsible for something. they cant cope and decide to let someone else do the work

many CEO's are chairmen and directors of multiple businesses at once. so they change positions often anyway.

in short. changing of CEO's is not something new
its not like previous years only had 10 resignations and this year theres 100,000. . instead its usually 1169 and this year 1600

.. what should be looked at is the type of business
for instance leisure/catering industry that relies on customer facing/serving. where they cannot alter their business plan. have more risk. where as manufacturers can change what they make. for instance car industries are now making hospital ventilators and being awarded huge government grants.

however companies that mainly serve the tourist/vacation industry will get hit most

^ So they have been preparing for the perfect moment to exit for years?

I read an article in my local language which is about one world government,one currency and connecting dots from many incidents happening from past years.

yes many ceo's lose faith in their business and want out and leave the crap to hit the fan with their replacement. thats just smart business..

however each year (based on 8year average2010-2018) ~1169 CEO's resign each year
though 2020 has shown a rise of a few hundred extra than average. its not like everyone is throwing in the towel.

after all there are MILLIONS of businesses around the world.

but yes that few hundred extra usually is jumping ship before it sinks.

In 2019,more than 1000 CEOs of popular companies CEO resigned their position and even many sold their stocks until Jan 2020 which has anything to be corelated with stock market crash?

Illuminati is real.