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For chief executive officers in 2012, it was a year of looking over their shoulders. More big-name chief executives lost their jobs than in any year in recent memory, as investors and boards became much more assertive. The lesson going into 2013 is clear: If you can’t perform, we will find someone else who will. Richard Gusella, Connacher Oil and Gas Ltd. Mr. Gusella opposed selling the company, putting him on the wrong side of some of the company’s largest shareholders. After that, he didn’t last long, resigning in early January. http://www.theglobeandmail.com/globe-investor/connacher-ceo-exits-company-after-shakeup/article1358238/ Connacher is still trying to make a go of it as an independent company. (Chris Bolin for The Globe and Mail)
