Business First reports that according to global outplacement consultant Challenger, Gray & Christmas Inc. of Chicago, September 2010 was a tumultuous month for CEOs as the turnover rate surged to a four-month high. September CEO departures were up 17 percent from August and 5.7 percent from the same month a year ago.
John A. Challenger, CEO of Challenger, Gray & Christmas, says several factors are contributing to the turnover rate, including
“a volatile economy, an aging CEO population, a brighter spotlight on the CEO position and calls for more accountability on the part of corporate leadership.”
The technology industry was not immune from shakeups. We’ve compiled a list of the movements of some of IT’s big names.
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