U.S. CEO Dismissals Hit Lowest Level in Almost 10 Years

Fewer CEOs are getting the axe, and that could be good news for all business leaders as the U.S. economy continues to improve. In 2014, involuntary and disciplinary CEO dismissals at Standard & Poor’s 500 index companies declined to their lowest level since 2005, according to the 2015 edition of CEO Succession Practices, recently released by The Conference Board, the New York-based business leadership organization.Every year, analysts for The Conference Board examine CEO turnover at the world’s largest corporations, and they found that during 2014, less than 16 percent of those job losses were due to involuntary discharges. The 2014 dismissal statistics show a considerable decline from 23.8 percent in 2013 and 29.4 percent in 2012.

Source: U.S. CEO Dismissals Hit Lowest Level in Almost 10 Years

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About Christian Hoffeldt

Talent Scout, Human Resource Management, Talent Management , Learning & Development, Organizational Development, Change Management, Psychology, Neuropsychology

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