Quarter of CEOs leave association within five years of starting
- May 11, 2018 |
- Walt Williams
Multiple factors influence tenure length CEO tenure at associations CEO Update analysis found about a quarter of top execs hired from 2006 to 2013 at associations with at least $2 million in revenue were gone within five years. When tenures of less than four and three years were examined, the figure dropped. Percentage* of CEOs who left before: Year hired 3 years 4 years 5 years2006 9.4% 4.5% 21.4%2007 14.2% 15.9% 23.0%2008 14.2% 18.9% 23.6%2009 16.5% 21.5% 26.4%2010 13.2% 21.7% 26.4%2011 11.4% 13.6% 25.7%2012 18.0% 24.6% 32.0%2013 12.8% 17.3% * Listed percentages are cumulative: For any given year, CEOs who left within three years were counted among those who left… Read More