Management Turnover as Change Agent

Tuesday, November 4, 2008

October CEO/CFO Turnovers Remain Surprisingly Slow

According to Liberum Research's latest management change figures, executive turnover continues to remain tepid while nationwide unemployment grows at a steady and unsettling pace. Despite the continuing slowdown in key executive turnovers over the last number of months, October was characterized by an unusually large number of what Liberum deems "significant" CEO turnovers. Significant turnovers are management changes investors should take note of and investigate further. 

Below is a graphical representation of CEO and CFO changes by market cap for the month of October. (For the specific executive turnover numbers by sector, contact Liberum directly.)

October 2008 Breakdown of CEO Changes By Market Cap Categories -

October 2008 Breakdown of CFO Turnovers By Market Cap Categories -

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