Dismissal of Australian CEOs

Abstract

This paper focuses on the dismissal of two Australian managing directors/CEOs after a relatively short tenure in office. Despite the fact that one was an insider and the other was an outsider, they were both selected to lead two of the largest corporations in Australia. Power and political influence played a vital role in their dismissal. Both CEOs attempted to take charge of their organizations, but failed to take the power and influence of the board into account. Implications and recommendations for executives are outcomes of the paper.

Citation

Santora, J.C. and Sarros, J.C. (1998), "Dismissal of Australian CEOs", Career Development International, Vol. 3 No. 1, pp. 26-30. https://doi.org/10.1108/13620439810368600