The pace of chief executive officer departures jumped in June, as 95 CEOs left their posts last month. That is an 18.7 percent increase from the 80 exits in May, and 2 percent fewer than the 97 CEOs who left their posts during the same month last year, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.
For the quarter, departures totaled 266, 11.6 percent fewer than the preceding quarter, when 301 CEOs left their posts. The second quarter total was 12.8 percent lower than the same three-month period one year ago, when announced CEO departures totaled 305. It is the lowest quarterly total since 256 CEOs left their posts in the fourth quarter of 2011.