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CEOs leaving top jobs at record pace

CEOs leaving top jobs at record pace
11.09.2005
Associated Press & Tampa Bay's 10 News

New York - Corporate C-E-O's are bailing out at a record pace.

So far this year, there have been eleven-hundred changes at the top, nearly double the number for all of 2004. This is now the biggest C-E-O turnover year on record, surpassing 2000, during the dot-com and pre-recession shakeup.

In October, 96 C-E-O's departed. While that's down from the 121 exits announced in September, it marks just the third time this year that the tally of C-E-O changes fell below 100.

The majority of turnovers this year have come in the health care and computer industries.


LINK: http://www.tampabays10.com/thismorning/thismorning_article.aspx?storyid=20959