C-level turnover for May 2014 saw healthy increases over last month and especially for CEO’s and CFO’s. Although overall C –Level turnover remained virtually the same year over year (May 2014 over May 2013), there was a marked increase in CFO turnover (+17% over last year). Month over month changes included +38% turnover in CEO’s, +48% turnover in CFO’s and overall C-Level changes of +8%. Board of Director changes showed the only decline, -14%.
Executive turnover activities break down as follows:
Overall, the turnover trend looks positive despite some industry and market fluctuations. Of interest is the increase in turnover this past month in the business services sector, with banking changes being minimal. The significant turnover in CEO and CFO roles indicates a very positive market for executives in these areas to make a change.