BUSINESSWEEK ONLINE : DECEMBER 11, 2000 ISSUE
COVER STORY CEO Stats PAY INFLATION AVERAGE CEO COMPENSATION 1989: $1.2 million, 45 times the blue-collar wage 1999: $12.4 million, 475 times the blue-collar wage DATA: BUSINESS WEEK, BUREAU OF LABOR STATICS SEARCHING FOR MR. OR MRS. RIGHT First-quarter 2000 CEO search activity increased 47% over first quarter 1999. DATA: ASSOCIATION OF EXECUTIVE SEARCH CONSULTANTS INC. STAR FINDERS NUMBER OF SEARCH FIRMS IN NORTH AMERICA 1989: 1,859 1999: 4,430 2000: 5,093 DATA: KENNEDY INFORMATION LLC IN AND OUT In the 1990s, a third of CEOs appointed at 450 major corporations lasted three years or less. One in four companies went through three or more CEOs. DATA: DRAKE BEAM MORIN INC. OUTSIDERS Percentage of CEOs hired from the outside at 800 large companies, 1990: 11% Percentage of CEOs hired from the outside, 1999: 20% DATA: WATSON WYATT WORLDWIDE _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The CEO Trap COVER IMAGE: The CEO Trap CHART: CEO Turnover TABLE: In--and Out CHART: Great Expectations TABLE: CEO Stats A Talk With Harvey Golub of AmEx INTERACT E-Mail to Business Week Online

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