2011 | OriginalPaper | Chapter
Whose Decision Is It Anyway?
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In the world of publicly traded businesses, CEOs typically don’t have the option of hanging on. A company policy mandates retirement age or a board of directors tells them it’s time to go. Even Jack Welch, hailed by some as the greatest corporate manager of the 20th century, bowed out of General Electric at the conventional retirement age of 65.