More CEOs are shown the door this year

Courtesy Economic slowdown, falling stock prices and assertive boards, more CEOs are shown the door this year.

Number of CEOs of publicly traded and closely held US companies who lost their jobs in 2008: ________________1,256

The number—1256 , is 10% more than the number for 2007.


No. of CEOs who stepped down or coerced to step down; but remained in the same company in another capacity in 2008:____________________________216

Key figures to appear in the stepped down(or coerced to step down); but stayed with the same company, list of CEOs are:

Mozilla Corp’s :________________________Mitchell Baker
Quiznos Corp’s :________________________Gregory Brenneman
Hasbro Inc’s:___________________________Alfred Verrecchia

The number – 216 is 22% less than the number for 2007, and 40% less than that for 2006.

Out of 216, more than 90 got the name – chairman or co-chairman.
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