Published on: Feb 18, 2014
Original Article: http://dealbook.nytimes.com/2014/02/12/chief-executive-turnover-high-in-…
“Firms also often tend to change leadership at the beginning of the year, so month-to-month data can be volatile. Still, January’s numbers may hint that 2014 could outpace 2013 for executive turnover.
‘Certainly it suggests that there may be a canary in the coal mine sort of thing,’ said John A. Challenger, Challenger’s chief executive.
A total of 1,246 chief executives departed American firms in 2013, according to Mr. Challenger. That’s the highest number since 2008, when 1,484 executives left.”
Contact Colleen Madden Blumenfeld for more data or to set up an interview with SVP Andy Challenger.
