The number of CEOs that over the past year has either obligatory or voluntary departed their firm has dropped, according to research by strategic consulting firm Strategy&. The percentage of leaving CEOs worldwide has fallen slightly from 15.0% to 14.4%.
For 14 years in a row now, Strategy&, formerly known as Booz & Company, researches the trends in successions of chairmen at the 2,500 largest public companies worldwide. The research shows that the percentage of departing CEOs worldwide in 2013 is similar to the level before the crisis years (2006 – 2008). However, the share of scheduled departures has, in proportion, increased dramatically, from 6.6% in 2006 to 10.1% last year.
Looking at the results per region, it can be concluded that CEOs have the lowest job security in Brazil, Russia and India; on average 21% of the CEO's have last year kleft their position. Western Europe can, with 13%, be viewed as the safest haven, followed by the USA and Canada. The global average amounts to 14.4%, which is a slight decrease from the 15% in 2012.