Three turnaround plays and the hapless CEOs facing the sack

Matthew Lynn looks at which FTSE CEOs are likely to be out of work by next Christmas.

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Pearson CEO John Fallon: a strategic blunder of the first order

At the start of every football season, there is usually lots of betting on which manager will be the first to get the chop. Whichever hapless individual is in charge of Aston Villa is usually a good choice. They seldom make it through to November. In the same spirit, heading into 2016 it is worth thinking about which FTSE CEOs will be out of work by next Christmas, if only because those companies might be worth investing in once they have better leaders. So who is likely to be spending a bit more time with their family next year?

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