Head-spinning job changes won’t make for head-turning returns

June 03
07:04 2020

Alan Stewart, finance director of Tesco for nearly six years, is the latest FTSE 100 executive to quit. Broker AJ Bell reckons that for the past two decades, on average about 12 FTSE 100 chief executives have jumped ship a year. FD changes average about 15 a year in the FTSE 100, but so far 16 have been announced.

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