104 CEO Changes In February, Health Care Leads

Turnover among the nation’s top executives fell slightly in February as 104 chief executive officers announced their departures, down 15 percent from 123 in January, according to the monthly report on CEO turnover released Tuesday by global outplacement firm Challenger, Gray & Christmas, Inc.

While February departures declined from the previous month, they were up13 percent from the same month a year ago, when 92 CEO exits were recorded.  Chief executive officer departures are now up 17 percent from a year ago, with a total of 227 departures tracked through the first two months of the year compared to187 at the same point in 2011.

The health care sector experienced the highest CEO turnover in February with 19 departures, which brings the year-to-date total for the sector to 44.  The two-month departure total is double the 22 health care CEO departures recorded in the January and February 2011.

**Our Job Cut Report for February will be released Thursday, March 8 at 7:30AM EDT**

Download the CEO report here.


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