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CEOs and corporate governance

Boardroom fights, CEO exits and investigations: how leadership and governance shocks move a stock, and what investors check when they happen.

Most of the time a company's share price follows its sales, margins and guidance. Occasionally it follows its boardroom instead: a chief executive under investigation, a sudden resignation, a succession plan that turns out not to exist. Those moments can move a stock as much as an earnings miss, because investors have to price the chance that strategy, relationships and execution change with the person at the top.

Our coverage follows these events as they happen and explains the governance behind them: who sits on the board, who could run the company in the interim, how voting control is structured and what precedent says about the share price in the weeks after a leadership change.