CEO turnover is beginning to accelerate this year, with 276 top executives departing in January and February, according to a report by global outplacement and...
Two of Dallas-Fort Worth’s largest public companies named new chief executives this week in planned successions.Jim Burke as its next CEO to replace Curt Morgan, who has guided the company since 2016. Burke’s promotion is effective Aug. 1., CEO of Luxfer Holdings PLC, an advanced materials industrial company. He takes over May 9.that he intended to retire by mid-2022. He led the heating, venting and air conditioning giant for 15 years. Lennox’s revenue grew 15% last year to nearly $4.2 billion.
At Vistra, Morgan will stay on as CEO through a summer transition, according to the company. Board chairman Scott Helm credited Morgan with moving the company away from a reliance on coal plants and into one of the largest power producers and retailers in the U.S. It sells electricity and natural gas to nearly 4.3 million residential, commercial and industrial customers.
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