SUN VALLEY, ID - JULY 13: (L-R) Bob Iger, chairman and chief executive officer of The Walt Disney Company, Dick Costolo, former chief executive officer of Twitter, Lachlan Murdoch, co-chairman of Twenty-First Century Fox, Sundar Pichai, chief executive officer of Google, and Randall Stephenson, chief executive officer of AT&T, mingle during the annual Allen & Company Sun Valley Conference, July 13, 2018 in Sun Valley, Idaho.
The average tenure for departing CEOs during that same time period was about 11 years, up from nine years in 2020.
That's not surprising, because of the impact of the pandemic and [other] crises, where boards put CEO succession on hold," Anterasian said.
"In our research, boards put CEO succession on hold during crises," Anterasian said.
At Disney, Iger has said he will only stay on for two years before a successor takes over.