Tag Archives: economic conditions

Is your CEO leaving or staying put?

For those of you keeping track, the CEO turnover rate is declining — a sure sign the nation’s top execs expect good things in 2011.

In November, 79 chief executives across the country resigned, retired or stepped aside for other reasons, the second straight month CEO departures declined and 16 percent fewer announced departures than November last year, according to a report by global outplacement firm Challenger, Gray & Christmas.

The declining CEO departure rate is an interesting statistic that could mean any number of things, but to me it says the economic recovery is gaining momentum.

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