Corporate Boards Replace CEOs Yielding Less Experienced Leaders

The Wall Street Journal reports that about one in nine CEOs at 1,500 major U.S. public companies were replaced last year, the highest turnover rate since at least 2010. The pace continued into early 2026 with leadership changes at Walmart, Procter & Gamble, Lululemon, Disney, PayPal and HP as boards respond faster to AI, trade shifts, geopolitics, and uneven growth.