Which chief executives could be replaced in 2016?Comments Off on Which chief executives could be replaced in 2016?
It may only be the first working day of 2016, but Ladbrokes have already laid down odds on which company bosses won’t see out the year.
And the bookie has decided things aren’t looking good for Marc Bolland, the boss of Marks & Spencer.
Odds on him being replaced at the retailer, from which the City is expecting another lacklustre set of Christmas results on Thursday, are at 4/5.
Despite working throughout her limited maternity leave, Yahoo’s Marissa Meyer is also on shaky ground, according to Ladbrokes.
The bookie must sense that investors did not make much of her recently announced shake-up of the company and have her exit at 4/7.
Ladbrokes odds on being replaced in 2016
Marissa Meyer – Yahoo – 4/7
Ben van Beurden – Shell – 4/6
Marc Bolland – M&S – 4/5
Ashley Almanza – G4S – 5/6
Jack Dorsey – Twitter – evens
Ivan Glasberg – Glencore – 6/4
Mark Carne – Network Rail – 6/4
Dave Forsey – Sports Direct – 7/4
Willie Walsh – IAG – 2/1
David Potts – Morrisons – 2/1
Antonio Horta-Osario – Lloyds – 3/1
Stuart Gulliver – HSBC – 4/1
Mike Coupe – Sainsbury’s – 5/1
Jeremy Darroch – Sky – 5/1
Gavin Paterson – BT – 6/1
Adam Crozier – ITV – 10/1
Perhaps Sports Direct’s longtime defence of zero-hours contracts will come back to haunt chief executive Dave Forsey, who Ladbrokes have at 7/4 to leave.
Antonio Horta-Osorio may be in George Osborne’s good books after bringing Lloyds back to life, but the bookie has the banker’s departure at 3/1 ahead of the closely-watched retail share sale.
HSBC’s Stuart Gulliver, who is currently weighing up whether the lender will move its headquarters out of London, is only slightly better off at 4/1.
Jack Dorsey has a 50-50 chance of staying at Twitter, the company he founded in 2008, Ladbrokes says. Dorsey started his second stint as Twitter chief executive in October and has since announced a series of turnaround measures.
It’s not doom and gloom in all of Britain’s boardrooms though, as Ladbrokes has declared two top CEOs as safe.
EasyJet boss Carolyn McCall, one of only six female bosses in the FTSE 100, is high anove the danger zone, with odds of her leaving the airline at 33/1.
Meanwhile, Taylor Wimpey’s Peter Redfern appears to be on solid foundations and is 25/1 to be replaced in 2016.