CEO Turnover Accelerates in December

December 29, 2000 ( - More than 100 CEOs left their positions in December, an 85% increase from a year ago according to a new report.

Of the 113 CEOs leaving their jobs this month, most came from The Internet sector, with consumer goods, computer and financial sectors also well-represented, according to recruiter Challenger, Gray & Christmas.

December was the fifth straight month in which more than 100 CEOs left their jobs, mirroring an overall rise in job cut announcements.

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In 2000, CEO changes totaled 1,079, with over half (53%) occurring between August and December.