We are in just the third month of the year and 2020 is becoming challenging day-by-day. The year 2020 is also a unique year so far, which will be etched in the history of its innocuous and uncanny nature. 2020 has posed significant threats to the largest economies of the world with the outbreak of coronavirus. The already slow world economy due to the US-China Trade war and political restlessness has now come to a standstill. Currently, the most prominent organizations are bracing for the coming challenges, there have been some significant changes in the leadership as the top executives move out of their roles.
Top Executive Departures of 2020
Here are some of the most significant exists by the top executives in 2020 so far:
The co-founder of Microsoft Bill Gates announces that he will step down from the board of Microsoft and Berkshire Hathaway on March 13, 2020. He wrote a detailed blog post in which announced the same and said that he would be devoting his time to philanthropy with his charitable institution, the Bill and Melinda Gates Foundation.
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Bob Igor, the CEO of Disney, has also announced that he will be stepping down from his role on February 25, 2020. He was serving in the position since 2005 and had renewed his contract three years ago in 2017.
The CEO of IBM will also be leaving the company in April 2020. Her exit was announced a few months back. She spent eight years in the tech giant and railed it successfully during a tough transition period.
The most colorful and one of the most talked-about tech executives of the current times, John Legere announces his exit from the position of CEO in T-Mobile in 2019. However, he will officially step down from his role in May 2020. He served the company for seven years, successfully bringing it higher market valuation.
The CEO of LinkedIn, one of the most trusted professional networking platforms, will be stepping down from his role in June 2020 after spending 11 years in the company.
The CEO of MasterCard Inc., Ajay Banga’s exit, was announced recently wherein he will exit from his role at the beginning of 2021 after serving the company for more than ten years.
The Co-CEO of Salesforce announced that he is leaving the position on February 25, 2020, which surprised the industry experts as he was expected to become the only CEO by taking over founder Marc Benioff.
The CEO of Internet company Fastly announced that he would exit from his role on February 22 within a year of the company going public. The Internet Infrastructure Company gained momentum under the CEO. He said that he is leaving, as he is better in the role of a developer than a leader.