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Best of 2013: 10 biggest departures of CEOs this year
When a chief executive officer of a global company either leaves or is pushed out, it not only causes ripples inside the firm but also grabs headlines around the world.
Let's take a look at some of the biggest departures of CEOs in 2013.
Source: Forbes
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Best of 2013: 10 biggest departures of CEOs this year
Ron Johnson
Age: 54 years
Company: JC Penney
Date of departure: April 2013
Period in job: 17 months
Ron Johnson, who was senior vice-president of retail operations at Apple Inc before becoming CEO of JC Penney, was told to leave the company after losses rose and stock price plunged.
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Best of 2013: 10 biggest departures of CEOs this year
Aubrey McClendon
Age: 54 years
Company: Chesapeake Energy Corporation
Date of departure: April 2013
Period in job: 31 years
Aubrey McClendon, who co-founded Chesapeake Energy Corporation at 23, agreed to retire after differences emerged with board members.
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Best of 2013: 10 biggest departures of CEOs this year
Mark Pincus
Age: 47 years
Company: Zynga
Date of departure: July 2013
Period in job: 6 years
Mark Pincus, who co-founded Zynga 2007, quit the manufacturer of online games Farmville and Words With Friends after a fall in company's stock.
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Best of 2013: 10 biggest departures of CEOs this year
Thorsten Heins
Age: 55 years
Company: BlackBerry
Date of departure: November 2013
Period in job: 22 months
Thorsten Heins, who is a German businessman, was sacked in November with a $22 million payment.
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Best of 2013: 10 biggest departures of CEOs this year
Steve Ballmer
Age: 57 years
Company: Microsoft
Date of departure: August 2013
Period in job: 13 years
Steve Ballmer, who spent 33 years at Microsoft, decided to leave the company after failing to stop the company's slide.
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Best of 2013: 10 biggest departures of CEOs this year
Andrew Mason
Age: 33 years
Company: Groupon
Date of departure: February 2013
Period in job: 5 years
Andrew Mason, who co-founded Groupon in 2008, was fired from the daily deal website when the business began struggling.
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Best of 2013: 10 biggest departures of CEOs this year
Christine Day
Age: 49 years
Company: Lululemon
Date of departure: May 2013
Period in job: 5 years
Christine Day, who is a graduate of Harvard Business Schools Advanced Management Program, stepped down after five years that saw big growth, increasing competition and recall of products.
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Best of 2013: 10 biggest departures of CEOs this year
Michael T Duke
Age: 64 years
Company: Walmart
Date of departure: November 2013
Period in job: 4 years
Michael T Duke, who was ranked as one of the world’s most powerful people in 2013, left the company after sales fell and protests by workers rose.
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Best of 2013: 10 biggest departures of CEOs this year
Robert McDonald
Age: 60 years
Company: Procter & Gamble
Date of departure: May 2013
Period in job: 4 years
Robert McDonald, who joined Procter & Gamble in 1980, left the company after he was blamed for inefficiency, high expenses and falling stock price.
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Best of 2013: 10 biggest departures of CEOs this year
Angela Ahrendts
Age: 53 years
Company: Burberry
Date of departure: October 2013
Period in job: 7 years
Angela Ahrendts, who joined Burberry in January 2006 and became CEO six months later, left the company to join Apple.