Friday, March 7, 2008
February CEO & CFO Changes Jump
Liberum, in a recent release, has found the level of executive turnover has continued at a rapid pace throughout February 2008. The trend for the period has followed the same turnover pattern registered for the previous month. Liberum projects executive turnover at the top to continue to remain high for the next number of months and possibly beyond. When the key turnover figures are compared for the months of February 2008 and February 2007 both CEO and CFO turnover registered appreciable increases. The turnover increases were as follows: 21% for CEOs and 10% for CFOs. Below is a graphical break down of CEO and CFO changes for February 2008 by market caps.