Finding CEO: It’s the new ‘Finding Nemo’

When you think about replacing a CEO, what springs to mind? The drastic action of a desperate board struggling to right a listing company? Buying an entire company just so you can get Ring’s ex-founder as your new CEO?
When I spoke with Troy Bannister about why he replaced himself as CEO of Particle Health, I became curious about how people go through such a process.
CEOs are replaced for all sorts of reasons: because they’ve found a new challenge, because the company has outgrown them, or because the board has lost confidence in the CEO.
And it’s not uncommon, either, as Crunchbase reported l

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