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.

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

Third Quarter Executive Turnover Figures Decline From 2007 and 2006

Liberum has just put together the latest third quarter turnover numbers for 2008.  The numbers have been surprising.  Executive turnover in the third quarter has declined from the totals registered in 2007 and 2006.  Below is a graphical representation of some the key turnover totals for the third quarter over the last number of years.  The categories are broken down into Internal Moves, Joining, Leaving, Promoted, Resigned/Retired, Terminated and Total.