A record 1,400 CEOs resign in US in 2023', up 50% from 2022

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image : Envato



Reports On CEO Resignation in USA|   A startling report has come out from America which will make you feel the lessons of recession as soon as you read it. According to the information, there have been reports that a large number of CEOs have resigned from their jobs in America. Around 1400 Chief Executive Officers (CEOs) have resigned this year till September.

From 2022, this figure is 50 percent more

However, if we compare CEO resignations with the 2022 figure, almost 50 percent more CEOs have resigned this year so far. A report claimed that 2022 saw a record level of resignations, but 2023 saw the highest number of CEO exits. The data only includes executives who have at least 10 employees and have joined US companies as CEOs for two years.

What is the reason for leaving the job?

Due to the corona epidemic and global tension, a dire situation has arisen against many companies in America due to which the number of employees is decreasing rapidly every year. On the other hand, CEOs have also resigned at record levels. However, after the epidemic, the situation has slightly improved.

Most of the CEOs left this sector

The government and non-profit sectors had the highest number of CEO resignations. 350 people resigned from this sector this year which is 85 percent more than last year. Technology CEOs came in second at 140, a 50 percent increase. However, 22 percent of these CEOs are also retired. A total of 24 percent of CEOs retired last year. However, no strong reason has emerged as to why this is happening. Most of these CEOs have joined company boards or continued as consultants. While most of the people are taking responsibility in other companies.

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