From C-suite to C-ya
Many on Main Street America rail against corporate CEOs for their paychecks-354 times the salary of the average worker in 2012, by one estimate-but the hefty compensation packages do have their downside: About 40 percent of the highest-paid CEOs in the United States over the past 20 years eventually ended up being fired-or paid fraud-related fines or settlements, or accepted government bailout money, an Institute for Policy Studies report released earlier this year stated.
Although GM has fully recovered from its bailout-the government recently sold the last of its stake-and announced a peaceful CEO transition; and Jamie Dimon will keep his job, even though JPMorgan agreed to pay the government $13 billion to settle multiple charges, 2013 was no exception in terms of tension-filled CEO departures from big companies.
Here's CNBC's take on the lessons learned from some of the high-profile CEO farewells of 2013, in chronological order.
By Roy Luo