Some big companies and their CEOs have parted ways this year.

This has been seen in companies ranging from aerospace and fitness to apparel and technology, among others.

Boeing, Nike, Peloton, WeightWatchers, Nike and Intel are among the companies that will be stepping down as CEOs in 2024.

David Calhoun

Dave Calhoun, CEO of Boeing Co., at the Aviation Summit in Berlin, Germany, Tuesday, June 4, 2024. p (via Krisztian Bocsi/Bloomberg Getty Images/Getty Images)

Calhoun announced plans to step down in March CEO of Boeingjust four years after he first took office.

“I have been thinking for some time in discussions with our board of directors about the right time for a CEO transition at Boeing,” he said. “I want to share with you that I have decided that this will be my last year as CEO of our great company and I have informed the board of this decision.”

He said Boeing will remain fully focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, keeping safety and quality at the forefront of everything we do during the transition.

The company is working to recover from a pair of 737 MAX 8 crashes several years ago and, more recently, a Boeing 737 MAX door jamb panel that separated mid-flight in January.

BOEING NAMES KELLY ORTBERG AS NEW CEO

Kelly Ortberg has been leading the aerospace company since late summer. His first day as CEO was August 8.

“My mission here is pretty simple, to turn this great ship in the right direction and return Boeing to the leadership position that we all know and want,” Ortberg told analysts and investors during the company's quarterly earnings call in October, citing four specific areas. attention.

The company said it delivered 291 commercial aircraft and 76 defense, space and security aircraft in the first three quarters of the year.

Barry McCarthy

The Peloton corporate logo hangs outside its store in Santa Monica on April 10, 2023 in Los Angeles, California. (Gary Hershorn/Getty Images/Getty Images)

Barry McCarthy stopped being In May, Peloton's CEO called on the fitness company to select Karen Boone and Chris Bruzzo as interim Co-CEOs while it searches for a permanent successor.

After a surge in business during the pandemic, Peloton has struggled to stay relevant as people return to traditional gym workouts when social distancing restrictions are eased. To combat declining sales, it made various efforts to cut costs and expand its customer base.

Peloton said in October that Ford executive Peter Stern would take over as CEO in early January. Bruzzo stepped down as interim CEO in early November, while Boone continued to run the company in the interim.

Peloton is known for exercise bikes, treadmills and rowing machines.

Sima Sistani

A sign for Weight Watchers is shown at its office in lower Manhattan, New York, on October 19, 2015. (REUTERS/Brendan McDermid/Reuters)

Sistani left WW International in late September, ending a 2.5-year stint as CEO.

At the same time, WeightWatchers appointed Tara Comonte as interim CEO. The company said he takes the job “as the Company focuses on improving its operational and financial performance while continuing to build on its product innovations and member solutions.”

WEIGHTWATCHERS CEO SIMA SISTANI CAME OUT In Sudden Exit, Takes Weight Loss Drugs

The company has been operating since 1963. It has been offering weight loss and weight loss programs for a long time and has recently ventured into weight loss medications.

At the end of the third quarter, approximately 3.7 million people subscribed to WeightWatchers' various offerings.

John Donahoe

A customer is pictured in a window decorated with the logo of a Nike store in the Belaya Dacha sales village near Moscow, April 23, 2016. (REUTERS/Gregory Ducor/Reuters)

Nike underwent a CEO change in mid-October, with Donahoe retiring on October 13. The company said at the time that he “will remain with the company as a consultant to ensure a smooth transition until January 31, 2025.”

Donahoe said in a statement that “it is now clear that it is time to make a change in leadership and that Elliott (Hill) is the right person,” adding that he “looks forward to the future success of Nike and Elliott.” He has been working as CEO for more than 4.5 years.

hill retired Taking the best job at Nike.

During the company's earnings call earlier this month, the new CEO said Nike had “lost our commitment to sports” and would “lead with sports and put the athlete at the center of every decision.”

He also said the sneaker and apparel company will “return to using deep athlete insights to accelerate innovation, design, product creation and storytelling” and “restore an integrated marketplace,” among other things.

Pat Gelsinger

Intel Corporation CEO Patrick Gelsinger speaks during a Bloomberg Studio 1.0 interview at the company's headquarters in Santa Clara, California, U.S., Thursday, Feb. 3, 2022. Intel plans to spend $20 billion on the chip manufacturing center. (Photo: David Paul Morris/Bloomberg, via Getty Images/Getty Images)

Gelsinger, who became Intel's CEO in February 2021, retired in early December.

“As a leader, Pat helped launch and revitalize technology manufacturing by investing in state-of-the-art semiconductor manufacturing,” said independent chairman Frank Yeary. “While we have made significant progress in restoring manufacturing competitiveness and building the capabilities to become a world-class foundry, we know we have more work to do at the company and are committed to restoring investor confidence.”

INTEL CEO PAT GELSINGER USES CHIPMATER AS A FIGHT

David Zinsner and Michelle Johnston Holthaus have served as interim co-chairs since his departure. Intel will “We continue to simplify and strengthen our product portfolio and develop our manufacturing and casting capabilities while optimizing our operating costs and capital,” Yeary said.

How many CEOS left companies this year?

A Challenger, Gray & Christmas report published earlier this month revealed that 1,991 chief executives revealed plans to part ways with companies in the 11 months between January and November.

167 last month, according to the report.

So far this year, more CEOs have quit than any other reason. “No reason given,” retirement, “new opportunity” and resignations were among other common reasons, the report said.

The use of interim CEOs has increased, with Challenger, Gray & Christmas hiring 13% of replacements in such roles in 2024. In 2023, it was 7%.

Daniella Genovese contributed to this report.