UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

CEO departures increased in January

|
 
Published: Feb. 8, 2013 at 3:35 PM

CHICAGO, Feb. 8 (UPI) -- The number of U.S. chief executive officers leaving their jobs increased in January, led by healthcare and hospital executives, an employment firm said Friday.

Outplacement firm Challenger, Gray & Christmas said 113 CEOs left their jobs in January -- 9.7 percent more than in December, when 103 left their jobs, and the most departures in a month since January 2012, when 126 CEOs left.

Healthcare companies and hospitals lost 23 CEOS in January. Thirteen computer companies CEOs left their jobs and 12 CEOs departed from financial firms, Challenger, Gray & Christmas said.

Among the noted departures, Frank Petrilli at E-Trade Financial resigned to take the board chairman job and Lou D'Ambrosio is stepping down at Sears Holdings, Supervalu CEO Wayne Sales is being replaced by Sam Duncan, former CEO at OfficeMax.

Retailer dEliA's board said CEO Walter Killough will not be granted another contract.

The departures include 30 who resigned, 25 of whom are taking other jobs at their companies, most often on the board of directors.

Twenty-four CEOs said they were retiring in January. Thirteen said they had found jobs in other companies.

Topics: Gray & Christmas
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 17
Tornado recover efforts underway in Moore, Oklahoma
View Caption
Oklahoma Governor Mary Fallin talks to victims from the May 20 tornado that hit Moore, Oklahoma, May 22, 2013. The EF-5 tornado cut a path of destruction approximately 17 miles by 1.3 miles wide and left 24 people dead. UPI/J.P. Wilson
fark
Teen wins contest by producing blandest, most sterile cursive writing imaginable
Theme of Farktography Contest No. 420: "Monochromatic Masterpieces". Details and rules in first...
Photographer snaps a really great picture of a guy proposing to his lady on a cliff, decides to...
New thinga-ma-hooey keeps people from being abusive and neglecting their beer
"You are going to lose", says London woman. Unknown if the armed terrorist she was directly confronting...
PNG becomes GIF, Oswald's keyboard player honored by the Dallas PD, and Marcus Bachmann finds happiness:...