Epic acts of treachery and improbable ascents to high office: they are all as much a feature of FTSE 100 boardrooms as of the latest Tory leadership contest. Fortunately for shareholders, most companies are more careful about selecting and keeping their leaders than the Tory party. The average lifespan of a FTSE 100 chief executive is just under six years, which is around twice as long as either Boris Johnson or Theresa May spent in Downing Street. Many of the businesses listed on the FTSE 100 are international and are led by chief executives from overseas. Investors might also reflect on the personality of corporate leaders, and whether they are serving their own interests ahead of the company and its stakeholders.

Source: Daily Mail October 24, 2022 01:14 UTC