For most of the employees of large corporations, a change in CEO is only of passing interest. Sure, there may be new mission statements and departmental realignments. But for most folks work will go on pretty much as before. Heck, it isn’t like the old CEO ever invited you to play golf.

But there are plenty of managers in companies that have turnover in the executive suite that do have to sweat their futures. For them, a new regime may mean the boot. But it could also spell opportunity. Which way it goes may depend on how you behave in those first crucial weeks after the new top dog takes over the top-floor corner office.

In our lead story, senior columnist Marshall Loeb offers advice for surviving a CEO turnover. Read his Daily Money Tip, plus check out Paul B. Farrell’s comparison of his “lazy portfolios” with the returns from the frenetic “Mad Money” cable TV show and see which three target-date retirement mutual funds produced the most consistent returns in a new study, on Tuesday’s Personal Finance pages.

They say CEOs lead by example. But when the example is getting shoved out the door, subordinates may not want to follow.

Steve Kerch, assistant managing editor/personal finance

This entry was posted on Tuesday, November 6th, 2007 at 11:25 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.