105 CEOs Out in July, Virtually Unchanged From 103 in June

The pace of turnover among the nation’s chief executive officers was virtually unchanged in July, as 105 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The July total was up 1.9 percent from the 103 CEO departures recorded in June. It was 17.9 percent lower than the 128 CEO changes announced the same month a year ago.

Get the full report here.

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103 CEOs Out In June: Slight Uptick in Women CEO Replacements vs Last Year

The pace of turnover among the nation’s chief executive officers rose in June, as 103 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The June total was up 5 percent from the 98 CEO departures recorded in May. It was 9.6 percent higher than the 94 CEO changes announced the same month a year ago.

Through the second quarter, US-based companies have announced 661 CEO changes, 9.9 percent more than the 601 CEO exits tracked through the second quarter of 2013.

Get the full report here.

 

CEO Turnover Hits 94 In November

After four consecutive months in which departures among the nation’s chief executive officers totaled more than 100, the pace of turnover declined somewhat in November, with 94 CEOs announcing their exits during that month.  That is 9.6 percent fewer than the 104 who left their post in October, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Read the full report here.

Over 100 CEOs Out In October; Health, Gov’t, Financial Lead

Turnover among the nation’s chief executive officers declined slightly in October as 104 planned CEO departures were reported, down 2.8 percent from the 107 in September, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The October total was down 3.7 percent from the same month a year ago when 108 were recorded.  Challenger has now tracked 1,053 CEO changes so far this year, 5.3 percent more than the 999 departures announced in the first ten months of 2012.

Due to continued changes in the health care landscape, this sector led all industries in October with 29 CEO departures, 25 of which came from hospitals and hospital systems.  Of those CEOs, nine went on to serve as high-level executives of other hospitals, usually as CEO.  To date, the health care sector has now seen 224 CEO departures in 2013, which is the highest turnover among all sectors tracked by Challenger.  Continue reading

107 CEOs Out In September, Highest Quarterly Total Since Q4 2008

Turnover among the nation’s chief executive officers declined slightly in September as 107 planned CEO departures were reported, down 5.6 percent from the 113 in August, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The September total was up 12.6 percent from the same month a year ago when 95 were recorded.  This marks the third consecutive month in which CEO changes outpaced the same month last year.

Overall, third-quarter CEO departures totaling 348 are up 23 percent from the 282 announced during the same three-month span in 2012.   It is the highest quarterly since 352 CEO changes were recorded in the fourth quarter of 2008, the year Challenger tracked the most CEO changes on record with 1,484.

Challenger has now tracked 949 CEO changes so far this year, 6.5 percent more than the 891 departures announced in the first nine months of 2012.

Get the full report here.

June 2013 CEO Turnover Report: Departures On Pace With Last Year

The number of chief executive officer departures totaled 94 in June, down 9.6 percent from 104 in May and 5.0 percent lower than the 99 departures recorded in the same month last year, according to the latest report on CEO turnover released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

June marked the end of a slightly less active quarter for CEO turnover.  For the three-month period ending June 30, a total of 292 CEO departures were announced, a 10 percent decline from the 309 departures announced in the first quarter.  The second quarter total was virtually unchanged from the same period a year ago when 288 CEO changes were announced, a 1.3 percent reduction.

Challenger has now tracked 601 CEO changes so far this year, which is virtually equal to the 609 departures recorded in the first six months of 2012.

For the year, health care continues to see the heaviest turnover.  It leads all other sectors with 117 in 2013, including an industry-leading 24 in June. Of those 117 health care and medical device companies, 74 CEO changes came from hospitals and hospital systems.

“Changes resulting from health care reform law, coupled with sequestration, which are resulting in funding cuts and lower Medicare reimbursements, could be the catalyst for leadership changes,” said John Challenger, chief executive officer of global outplacement and executive consulting firm Challenger, Gray & Christmas.

Get the full report here.

May CEO Turnover Reaches 104

Turnover among the nation’s chief executive officers surged in May as 104 announced their departures during the month.  That is 10.6 percent higher than the 94 CEO exits in April, according to the latest report on chief executive officer turnover released Wednesday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

May departures were 5.1 percent higher than the same month a year ago, when 99 CEO changes were recorded. This marks the third time this year CEO departures were higher than the corresponding month a year earlier.

Through the first five months of 2013, 507 CEO departures have been announced, which is virtually unchanged at .07 percent from the 511 tracked over the same period in 2012.

Get the full report here.