Management Turnover as Change Agent

Tuesday, October 6, 2009

Liberum Research - Third Quarter Executive Change Comparisons Show Declines

The overall unemployment figures continue to diverge with executive turnover figures compiled by Liberum. Liberum has just completed analyzing third quarter figures for executive turnover. The key totals showed a continuing decline in executive turnover for CEOs, CFOs and overall C-level management as compared with the same time frames in 2008 and 2007 (view graphs below).

  • CEO turnover declined 23%, CFO turnover declined 36% and overall C-level turnover (from board of directors on down to corporate vice presidents) registered a 24% decline for the third quater of 2009 as compared with the third quarter in 2008. The decline percentages were even larger when compared with the 2007 third quarter.
2007 - 2009 Comparison of 3rd Quarter CEO Change Totals -
2007 - 2009 Comparison of 3rd Quarter CFO Change Totals -
2007 - 2009 Comparison of 3rd Quarter C-level Change Totals -

Investors need to keep a close eye on specific executive changes as well as the actual trends.

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