Report details Chicago CEO jobs
Posted on October 28, 2013
The number of Chicago CEO jobs are discussed, among other CEO jobs around the country, in a report by Challenger, Gray & Christmas.
Turnover among the nation’s chief executive officers declined slightly in September as 107 planned CEO departures were reported, down 5.6 percent from the 113 in August.
The September total was up 12.6 percent from the same month a year ago when 95 were recorded. This marks the third consecutive month in which CEO changes outpaced the same month last year.
According to the report, third-‐quarter CEO departures totaling 348 are up 23 percent from the 282 announced during the same three-‐month span in 2012. It is the highest quarterly since 352 CEO changes were recorded in the fourth quarter of 2008, the year Challenger tracked the most CEO changes on record with 1,484.
The healthcare sector led all industries in third-‐quarter CEO turnover with 78, including 26 in September. This marks the highest quarterly total for health care on record. To date, health care organizations have seen 195 CEO changes, 47 percent more than the sector with the next heaviest turnover (government/nonprofit, 133).
“The changes to Medicaid and Medicare reimbursements, coupled with the implementation of the Affordable Care Act, are contributing to the shake-‐up in leadership. It is not just hospitals and health systems that are being impacted; we are seeing a lot of CEO moves at health technology firms, medical device companies, and pharmaceutical companies. Many of these organizations are looking for CEOs better equipped to navigate through this period of tumult and uncertainty,” said John Challenger, chief executive officer of Challenger, Gray & Christmas.