No Term Limits For CEOs

ByJohn S. McClenahen Ten years after term limits were imposed on some politicians, the issue is being raised again -- for CEOs. And despite CEO misdeeds, actual and perceived, term limits on their tenures are not popular with executives and employees in public companies. Some 58% of 172 people polled last week by Clark Consulting, North Barrington, Ill., say CEOs of large public companies should not be subject to term limits. The remaining 42% believe CEOs should be term-limited.