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 16
Tornadoes Devastate Moore, Oklahoma
View Caption
A damaged movie theater is seen in aftermath of a series of tornadoes in Moore, Oklahoma, May 21, 2013. On May 20 a series of tornadoes swept through severals towns south of Oklahoma City leaving a path of destruction and killing at least 24 people. UPI/J.P. Wilson
fark
Doctors who performed life-saving face transplant on accident victim say there's hope he'll recover...
If you knocked a cyclist off his bike and then boasted about it on Twitter @NorwichPoliceUK would...
The real reason the NYPD likes stop-and-frisk is not to keep weapons off the street: It's free weed...
13 NJ TGI Fridays accused of selling well drinks labeled as premium brands, also not wearing enough...
Mom dies, gives birth, then gets brought back to life
An underground nightclub in a rooftop water tower