| No Images? Click here   Did we get rid of all the 'bad men'?The number of chief executives fired for sexual misconduct declined in 2018 from the previous year, according to data released Wednesday. Eight male chief executives were fired in 2018 for sexual misconduct, according to a tally released Wednesday from Challenger, Gray and Christmas. The previous year, 12 chiefs were ousted, including most notoriously Hollywood producer Harvey Weinstein. So does this mean CEOs are cleaning up their act? Or, more dispiriting, is the public and the media just burning out on MeToo stories? We'll need to track this number for a few more years, but it is starting to seem like 2017 was the peak of the man purge. That's when the public appetite for information on the sexual misconduct of leaders was perhaps at its hottest. And, of course, it was also the first year of the Trump administration. This was not a coincidence. The highest profile departure last year was undoubtedly Les Moonves over at CBS. He was shamelessly abusing his power for years running the media company. The 69-year-old was accused of sexual assault, and ruining Janet Jackson's career, among other things. Other 2018 firings included, Intel's former CEO. He lost his job for tamer reasons -- a consensual (but prohibited) sexual relationship. In 2017 the firings were fast and furious. Especially after October when the New York Times famously published its expose on Hollywood producer Harvey Weinstein. That year 12 CEOs were ousted (including one woman Thinx founder Mickey Agrawal) for various levels of harassment and misconduct, according to the consulting firm. (Technically Weinstein was a co-CEO with his brother, but I've put him on the list.) Challenger, a consulting firm, looked at U.S. companies with 10 or more employees that have been in business for two or more years. They found last year that a total of 1,452 CEOs left their roles for a variety of reasons. That number was an increase from the previous year and a sign that all isn't totally well in the business world these days. (It should go without saying, that these CEOs are mostly male.) Weinstein aside, the class of 2017 included Uber's founder and CEO Travis Kalanick, and the men who ran USA Gymnastics (horrifically stood by as Larry Nassar abused girls) and the Miss America pageant (shocking emails exposed discrimination), among others. The level of firings for sexual misconduct in 2017 marked a 266 percent increase over the previous year -- when just three people lost their jobs. These numbers seem small, but in many cases there was also a purge of board members who had enabled the CEOs behavior and ousters of executives down the ladder that were accused of bad behavior, as well. In the end, it could be pure good news that the pace of firings at the top seems to have dropped off. But let’s be real. As I wrote last year, tossing out the bad apples is just the beginning. True cultural change is going to take more time. You can follow me on Twitter @EmilyRPeck   HuffPost is now a part of Oath and a part of Verizon. On May 25, 2018 we introduced a new Oath Privacy Policy which explains how your data is used and shared. Learn More.The reality of being a woman — by the numbers. Like what you see? Share it with a friend. Did someone forward this email? Subscribe here. Can't get enough? Check out The Good Life.©2018 HuffPost | 770 Broadway, New York, NY 10003 |
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