Headline: US CEOs depart in record numbers in 08
The Sydney Morning Herald, 14 January 2008, AFP (online)
The churn at the top of US companies hit a record high of 1,484 chief executive departures in 2008, with the financial sector drumming the most out the door, a survey reported on Tuesday.
"That is an average of nearly 124 CEO departures each month or roughly six every business day," said survey author, Challenger, Gray & Christmas, a global consulting firm.
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