U.S. companies have had their hands full this year maneuvering through high inflation, a possible looming recession, a strong labor market, and A.I.—now it appears they’re dealing with record levels of CEO turnover as well.
The month of May saw 224 U.S.-based CEOs exit their roles, according to data collected by executive outplacement and coaching firm Challenger, Gray & Christmas. That number is up 52% from the 147 CEOs who left their positions in April, and 49% higher than the 150 CEOs who left their jobs in May of last year.
