board shakeup
Directors get replaced
A board shakeup is a sudden, significant change in the composition or leadership of a corporate board of directors.
The term implies disruption—multiple directors replaced, a CEO ousted, or power shifting among factions: The scandal triggered a board shakeup that replaced half the directors.
Shakeups often follow poor performance, shareholder pressure, or internal conflict.
- reshuffleRearrange elements anew
- oustedRemoved from position
- CEOTop corporate officer
- corner officePremium workplace for leadership
- upheavalViolent disturbance of order
restructuring · resignation · golden parachute · executive · coup · power struggle · overhaul · turmoil · leadership · changing of the guard · directors · shuffle · clean sweep · corporate · power · change · management · fired