Employers at U.S.-based companies announced 135 chief executive officer changes last month, 8.9% higher than the 124 CEO changes announced in February, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
March’s total was 40.6% higher than the 96 CEO exits announced in the same month last year. In the first quarter, 416 CEOs have left their posts, 22% higher than the 341 CEOs who left their posts during the same period in 2018.
First quarter CEO changes are 2% lower than the 425 CEO changes announced in the previous quarter. It is the highest first quarter total since Challenger began tracking CEO changes in 2002.
Contact Colleen Madden Blumenfeld for more data or to set up an interview with SVP Andy Challenger.