Turnover among the nation’s chief executive officers declined for the second consecutive month, as 79 CEO announcing their departures in November. That is the lowest monthly total since April 2009, when CEO exits totaled 78.
The latest report on CEO turnover, released Wednesday by global outplacement firm Challenger, Gray & Christmas, Inc., showed that November departures were down slightly from 81 CEO changes were recorded. Last month’s total was down 16 percent from 94 CEO departures in the same month last year.
For the year, 2010 CEO departures are virtually unchanged from a year ago. To date, 1,127 chief executive departures have been announced, compared to 1,122 departures announced by this point last year.