Boomerang employees
By Matthew, May 29 2024A "boomerang employee" is someone who leaves a company, often at a high level like a CEO, only to return to the same company later on in a similar leadership position. It's like throwing a boomerang: they leave, but they come back.
Some examples of boomerang CEOs include:
- Steve Jobs: He co-founded Apple, left in 1985, and returned in 1997 to lead the company to unprecedented success.
- Howard Schultz: The former CEO of Starbucks left in 2000 but returned in 2008 to help revitalize the company during a challenging time.
- Louis Gerstner Jr.: He left IBM in 1993 but returned in 1997 as CEO, leading a significant turnaround of the company.
- Michael Dell: He stepped down as CEO of Dell in 2004 but returned in 2007 to lead the company's transformation efforts.