"The analysis examined stock performance six months before and after CEO appointments, adjusted against S&P 500 performance during the same period. Jim Farley, who took over as Ford's CEO on October 1, 2020, saw the company's average stock price jump from $6.41 to $10.22 in the six months after his appointment. This 59.6% increase came during a period when the S&P 500 fell by 18%, resulting in a market-adjusted performance of 77%."
"Jane Fraser of Citigroup secured the second position with a remarkable performance after her March 2021 appointment. The financial giant's stock price increased 29.5% from $55.57 to $71.98, while the S&P 500 decreased by 16% during the same period, giving her a market-adjusted performance of 46%. The third most impactful CEO appointment was Brian Niccol at Starbucks on September 9, 2024. Under his leadership, the coffee retailer's stock price rose 21.8% from $81.81 to $99.60, outperforming the S&P 500 by 31% after adjustment."
"Calvin McDonald of Lululemon tied for third place with a 31% market-adjusted stock increase. Following his August 2018 appointment, the athletic apparel company's stock rose 30.8%, from $107.73 to $140.88, while the S&P 500 remained virtually unchanged during this period. Microsoft's Satya Nadella ranks fifth with a 23% market-adjusted stock increase. After his February 2014 appointment, Microsoft's stock price grew 14.7% from $35.61 to $40.86, significantly outperforming the S&P 500's 8% decline during the same six-month window."
Tradeify compared stock performance six months before and six months after major CEO appointments and adjusted results against S&P 500 movement over the same windows. Jim Farley's Ford outperformed with a market-adjusted gain of 77% after the company's average share price rose from $6.41 to $10.22 while the S&P 500 fell 18%. Jane Fraser's Citigroup followed with a 46% market-adjusted gain as shares climbed from $55.57 to $71.98 amid a 16% S&P decline. Brian Niccol at Starbucks, Calvin McDonald at Lululemon, Satya Nadella at Microsoft, and Sundar Pichai at Google also generated notable market-adjusted outperformance in their initial six months.
Read at London Business News | Londonlovesbusiness.com
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