Many CIOs' careers could be endangered when new CEOs come in and often replace senior leaders.
Across all industries, new CEOs frequently evaluate and choose to replace existing senior leadership. 2014 saw the highest CEO turnover since 2008, with 1,341 CEO departures, according to a report from Challenger, Gray & Christmas, Inc. Many of those departing CEOs were replaced with outside executives, according to the Wall Street Journal.
New CEOs are sometimes impatient when it comes to fixing existing issues, so CIOs should research the newcomers to prepare. Many incoming CEOs are likely to be focused on company cybersecurity. If the new CEO is technology-literate, the CIO should prioritize providing an accurate IT system assessment to meet his or her priorities, according to the report.