Thursday, July 9, 2009
Half-yearly Executive Turnover Continues to Decline
Liberum continues to see overall declines in executive turnover across key categories. In our latest research, the first half of 2009 saw declines in CEO turnover of 35%, CFO turnover by 42% and C-level turnover of 36% respectively when compared with the same half-year period in 2008. The declines were similar for the second quarter when examined on a quarterly basis. Below are graphical representations of Liberum's most recent research on executive turnover trends for the first six months of 2005 - 2009. Liberum expects executive turnover to begin to slowly increase as we move into the Fall. Summer turnover is expected to remain slow despite the fact that overall unemployment remains extremely high.