“We are seeing boards reach for consistency in leadership to steer them through these transitions,” said Laura Sanderson Co-Head of Europe, Middle East & India at RRA, in a statement.
“With sustainability policy, taxation and growth becoming highly politicised issues, the ability of leadership teams to pivot quickly to the unexpected will be key.”
Women as CEOs go up
Meanwhile, the report also found that there were five women appointed as CEOs out of 51 global appointments made in the second quarter.
The percentage of women in CEO positions also grew by 7.7% globally from the first quarter of 2018 to the second quarter of 2024.
“To achieve true gender balance at the top, we need to create systemic changes to how succession is planned, managed, and executed,” the RRA said in its report. “The scope of CEO candidacy needs to be widened and organisations need to take the preparation of women for CEO roles far more seriously—investing more in their women leaders, increasing pipelines, and addressing bias.”
